Endeavor Energy Holdings LLC, an Africa-focused independent power generation company backed by Denham Sustainable Infrastructure, has announced the appointment of Erik Granskog as Chief Executive Officer, effective immediately.
He takes over from Brian Herlihy, who is now Chief Utility Innovation Officer at the QTS Data Centres in the United States.
Mr. Herlihy’s key accomplishment during his leadership of Endeavor Energy was bringing the 200 MW Stage 1 of the Ghana Bridge Power Project, a gas-fired power plant in Kpone, near Accra, to full operations.
Endeavor Energy claims it has developed and constructed three baseload power generation assets totaling 450MW across West Africa over the past decade, delivering reliable and low-cost power to facilitate economic growth while prioritizing community development and emissions reduction.
“Mr. Granskog brings over 25 years of extensive experience in developing, structuring, financing, and managing energy infrastructure investments across global markets”, the company says in a release. “He has been involved in over 4,600MW of power projects requiring more than $5.8Billion of capital and is recognized as a thought leader on African energy development.
“Most recently, Mr. Granskog served as Founder and CEO of Milele Energy, a Nairobi-based energy platform with projects in Kenya and Sierra Leone. During his tenure, he served on the board of the 310MW Lake Turkana project, and led the redevelopment and financing of the 104MW gas-fired Nant Energy project in Sierra Leone”.
Prior to founding Milele Energy in 2019, Granskog was Managing Director and Africa Leader for GE Capital’s energy infrastructure division.
Justin DeAngelis, Partner and Head of Sustainable Infrastructure at Denham Capital, commented: “Erik’s exceptional track record of closing over $5.8Billion in project transactions, combined with his deep operational expertise across African markets, makes him ideally suited to drive Endeavor’s next phase of growth as Africa continues to require low-cost, baseload power generation.”
“Africa’s energy potential is immense” says Granskog. “Having spent most of my career developing and managing power projects across the continent, I’ve witnessed the transformative impact that reliable energy infrastructure has on communities and economies. With Endeavor’s strong platform and Denham Capital’s backing, I look forward to executing our strategy”.
Endeavor Energy Holdings LLC is an American independent power generation company that provides critical base-load electricity in Africa. Backed by Denham Capital, Endeavor says it has catalyzed over $1.1Billion of investment across three operational projects.
