Aspen Power Adds Peter Sherk to Board of Directors

Aspen Power, a leading distributed generation platform with a mission to accelerate and democratize decarbonization, today announced the addition of Peter Sherk to its Board of Directors.

"Peter is a seasoned business leader who will help guide Aspen Power in delivering on its growth strategy," said Jorge Vargas, Chief Executive Officer, Aspen Power. "His financial acumen and his market perspective will be particularly relevant as Aspen Power continues to grow as a leading independent power producer," he added.

"I'm pleased to join Aspen Power's board at this important point in the company's growth," commented Sherk. "Working closely with my fellow board members, I look forward to advising the executive team on implementing long-term strategic priorities," he added.

Peter Sherk brings more than 30 years' experience in the power and energy industries. He currently serves on the board of Wabash Valley Resources, one of the country's largest CO₂ sequestration projects and was previously CEO Americas for Mercuria Energy Trading, a global physical commodity trading and investments house. Before joining Mercuria, Sherk spent 17 years at Morgan Stanley, holding several leadership positions, including Global Co-Head of the Commodities Division and Senior Managing Director, Global Institutional Securities. Sherk also worked at CIBC Capital Markets in commodities trading and in various roles at Imperial Oil in Toronto. Sherk graduated from McGill University with a degree in economics.

About Aspen Power

Aspen Power is a distributed energy generation platform with the dual mission of accelerating and democratizing decarbonization. We partner with businesses, communities, and others in the industry to develop, construct, own and operate renewable energy assets. Our experienced team is passionate about solving our clients' energy challenges to deliver a sustainable future throughout the U.S. For more information, please visit aspenpower.com.