Elgin has appointed of Dermot Kelleher (pictured) as chief executive officer, effective immediately.
Kelleher, who has served as Elgin’s chief financial officer (CFO) for the past 11 years, succeeds Ronan Kilduff, who steps down after 16 years at the helm to take on a strategic role as senior advisor.
Since joining Elgin as CFO in 2014, Kelleher has played a central role in the company’s growth, overseeing finance, fundraising, and mergers & acquisitions.
Notably, he led the successful sale of a majority stake to Copenhagen Infrastructure Partners (CIP) in 2024, establishing a resilient financial platform that supports Elgin’s ambitious expansion plans.
Kelleher said: “It is a privilege to step into the role of CEO at such a defining moment for Elgin.
“During my 11 years as CFO, I have seen first-hand the scale of our ambition and the exceptional strength of our team.
“As we enter this next chapter, I am committed to achieving our vision of becoming a leading independent power producer.
“I am grateful for the trust placed in me to build upon the strong foundation established under Ronan’s leadership.
“I will continue to drive Elgin’s growth with the same dedication and principle that has brought us this far.”
His responsibilities will encompass the overall business strategy and vision, corporate governance, stakeholder relations and fundraising, business development, and new market entry.
He will also drive operational excellence, efficiency, and compliance and oversee all key performance indicators as Elgin continues to expand its global footprint and deepens its presence across Europe.
Kilduff said: “After 16 years as CEO of Elgin, I have decided to step aside and transition into a strategic advisory role.
“Leading Elgin through the ever-evolving landscape of renewable energy has been one of the most fulfilling experiences of my life.
“I am incredibly proud of what we have achieved, from early projects to the expansive portfolio we manage today.
“Most importantly, I am proud of the values that define us: care, integrity, excellence, and agility.
“Dermot embodies these values, and I am confident Elgin will continue to grow, innovate, and lead under his stewardship.”