Grid-scale lithium-ion energy storage firm Alevo has appointed fossil fuel veteran Peter Heintzelman as its group chief financial officer.
Heintzelman will provide financial expertise including strategy, systems and corporate governance, risk identification and management to the Swiss-based start-up.
He replaces Larus Arnason, who returns to his native Iceland.
Heintzelman has more than 25 years’ experience in the global energy sectors, albeit at fossil fuel giants Halliburton, Enron and most recently oil and gas firm T5.
Heintzelman said: “The battery storage market is poised to expand rapidly in 2017 and I am keen to be part of that process.”
Per Dybwad, CEO at Alevo, said: “Peter’s appointment enables us to accelerate the growth of Alevo as a global energy storage provider.”