Iberdrola Australia names new CEO
CEO Ross Rolfe will step down from his role at the end of the year.
Iberdrola has announced that Paul Simshauser is set to be appointed as CEO of Iberdrola Australia.
In a statement, the company said Simshauser will take over after current CEO Ross Rolfe leaves his post at the end of 2025. Rolfe will continue to serve as chairman of the Iberdrola Australia Board.
Simshauser served as CEO of Powerlink Queensland and was a Professor of Economics at the Centre for Applied Energy Economics and Policy Research (CAEEPR). He held senior leadership roles for over 25 years across Australia’s energy markets, regulatory bodies, and public policy institutions.
Since entering the Australian market in 2020, Iberdrola has significantly expanded its portfolio of energy projects. This includes the Port Augusta Renewable Energy Park completed in 2022, and the Avonlie Solar Farm completed in 2023.
The company has a total operating capacity of 1,895 megawatts (MW) in Australia, whilst 622 MW is currently under construction.