Hydro Tasmania CEO Evangelista Albertini has announced his resignation, citing personal reasons.
“Mr Albertini has made a very significant contribution to Hydro Tasmania over the course of his career, most recently as CEO and prior to that as chief asset manager and investment officer and chief operations officer,” the company said in a statement.
“Among his many achievements, Mr Albertini was instrumental in developing a risk-based approach to capital investment in Hydro Tasmania’s significant asset base and he played a central role in the state’s response to the energy supply challenge of 2016.”
Hydro Tasmania has recently undergone a transformation to ensure the business is positioned strongly to succeed in a rapidly changing National Electricity Market.
Chairman Grant Every-Burns said, “Mr Albertini has been a passionate advocate for Tasmania and the role Hydro Tasmania plays in the Tasmanian community and economy.”
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“Hydro Tasmania’s future is extremely bright, with inherent advantages in its existing clean energy sources and the ability to respond to market changes through its visionary Battery of the Nation projects. The business continues to support the Tasmanian Government’s renewable energy and hydrogen vision for the state,” Mr Every-Burns said.
The company’s executive general manager finance and strategy Ian Brooksbank will act as CEO on an interim basis.
The announcement of Mr Albertini’s departure from the company is the latest in a spate of high-profile resignations, including Ausgrid’s Richard Gross and TransGrid’s Paul Italiano.
Hydro Tasmania is Australia’s leading clean energy business and largest generator of renewable energy. Every year, the company produces approximately 9000GWh hours of clean electricity from hydropower—enough to power about 900,000 Australian homes and small businesses. It also generates from wind and gas.
Its system has a total capacity of more than 2600MW and includes 30 power stations and more than 50 major dams.
