New CEO of Iberdrola Australia

Iberdrola has announced that Ross Rolfe, Chairman and CEO of Iberdrola Australia, will step down from his position as Chief Executive Officer at the end of 2025. He will continue to serve as Chairman of the Board of Iberdrola Australia. The company will appoint Paul Simshauser as CEO of Iberdrola Australia to replace him.

Paul Simshauser was CEO of Powerlink Queensland and Professor of Economics at the Centre for Applied Research in Energy Economics and Policy (CAEEPR). A renowned economist specialising in energy, he has held leadership positions for more than 25 years in Australia's energy markets, regulatory bodies and public policy institutions.

Since 2020, Iberdrola Australia has invested $2.5 billion — in addition to the $1.4 billion associated with the acquisition of Infigen — in wind, solar and battery storage projects in South Australia, New South Wales and Queensland, where it employs more than 250 people. In addition, the company has tripled in size, quadrupled its customer base, obtained a feasibility licence for offshore wind energy in Victoria and launched a new grid business.

You can read the full story in Iberdrola Australia's Media Room.