Enduring Hydro Hires Juan Kimble, PE as Managing Director of Hydropower and Irwin Studen as Managing Director and Chief Financial Officer
Chevy Chase, MD – December 1, 2014 – Enduring Hydro, LLC, a company focused on hydropower infrastructure ownership and development, has hired Mr. Juan Kimble, PE as Managing Director of Hydropower, and Mr. Irwin Studen as Managing Director and Chief Financial Officer.
Mr. Kimble joins Enduring Hydro, LLC from Safe Harbor Water Power Corporation (SHWPC), where he served as President and Chief Executive Officer. Mr. Kimble brings over 25 years of experience in the power generation business.
In that role, Mr. Kimble led the company through significant changes including its conversion from a public utility to a merchant generator, development of a headwater agreement with a downriver dam, negotiation of an interconnection agreement with a former affiliate, and the development and the implementation of a North American Electric Reliability Corporation (NERC) / Reliability First Corporation (RFC) compliance program. Prior to heading SHWPC, Mr. Kimble was the Director of Asset Operations for the Combustion Turbine Technology Group at Constellation Energy.
Mr. Studen joins Enduring Hydro, LLC from VendTek Systems, Inc., where he served as interim Chief Financial Officer and previously from GetWellNetwork, where he served as Senior Vice President and Chief Financial Officer. Mr. Studen brings almost 20 years of CFO experience in publicly traded and privately held businesses.
Prior to GetWellNetwork, Mr. Studen served as Senior Vice President and Chief Financial Officer for SXC Health Solutions (NASDAQ: CTRX, TSX: SXCI), currently a $9bn publicly traded Healthcare Information Technology company and as an M&A Consultant for a $10bn private equity firm, GTCR, LLC.
“Juan and Irwin are accomplished executives with vast experience and knowledge in their respective fields and we are thrilled to have them join the Enduring Hydro family,” said Chairman and CEO, Dr. Kristina Johnson. “Their experience will be instrumental in realizing Enduring Hydro’s mission to bring more clean energy onto the grid through our buy, build and upgrade strategy.”
Mr. Kimble will be responsible for the asset management of the company’s hydropower plants to ensure optimal energy production and operation.
As CFO, Mr. Studen will be responsible for Enduring Hydro, LLC’s financial management and economic strategy.
About Enduring Hydro, LLC
Enduring Hydro, LLC invests in, develops, and modernizes hydroelectric facilities in the United States and is committed to contributing to a better environment through the building and upgrading of responsible hydropower. Enduring Hydro is building a portfolio of hydroelectric assets through direct investment in and acquisition of existing assets and the development of new hydroelectric generation facilities that provide attractive risk-adjusted returns.
Marcus Switzer, Enduring Hydro