Lincoln Renewable Energy Appoints Chief Operating Officer

CHICAGO, June 4, 2012 /PRNewswire/ -- Lincoln Renewable Energy, a leading developer of U.S. solar and wind projects, today announced the appointment of Dan Foley as chief operating officer, a new position.

Most recently, Foley was CEO of Acciona Energy North America, overseeing its wind-and-solar energy portfolio throughout the United States and Canada.

"I am delighted to have an executive of Dan's caliber join the LRE team," said Lincoln Renewable Energy CEO Declan Flanagan. "Dan's proven leadership capabilities and experience throughout the project value chain make him a huge addition to our business. Following our recent announcement of the formation of Monument Power, our joint venture with Samsung C&T Corporation, Dan's addition to the LRE management team is another key milestone in the growth of our business."

Prior to his most recent role at Acciona, Foley held previous roles in project development, power marketing and operations at Invenergy and Commonwealth Edison and is currently a board member of the American Council on Renewable Energy. He received a Bachelor of Science degree from the University of Notre Dame, a Master of Engineering degree from the State University of New York-Buffalo and a Master of Business Administration degree from the University of Chicago.

Since its formation in 2009, Lincoln Renewable Energy has become a leading developer of solar and wind projects.  The company has raised more than $100 million in external financing to fund its growth and is developing more than 30 solar and wind projects in 11 states managed from offices in Chicago, Austin, Denver and Hoboken, N.J.

About Lincoln Renewable Energy

Lincoln Renewable Energy develops utility-scale solar and wind power projects from greenfield concept to commercial operation. The company is developing projects across the United States. Its management team has a proven track record in renewable-energy development. Their efforts have led to the construction of more than 3,000 megawatts of renewable energy in North America and Europe over the past 10 years. For more information, please visit www.lincolnrenewableenergy.com.

For Information please contact:

Joe Poulos
312.240.2719

SOURCE Lincoln Renewable Energy