Renewables developer Iberdrola has announced the departure of its CEO Ross Rolfe AO, who will step down from the role at the end of 2025.
The board has appointed Professor Paul Simshauser as the incoming CEO of Iberdrola Australia. Simshauser recently stepped down as CEO of Powerlink Queensland.
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A recognised energy economist, Simshauser has held senior leadership roles for over 25 years across Australia’s energy markets, regulatory bodies, and public policy institutions.
Rolfe welcomed the appointment, stating, “I am delighted that Paul will lead the next chapter of Iberdrola’s journey in Australia. He is a highly respected industry leader with deep expertise in the Australian energy system.”
Rolfe will continue to serve as chairman of the Iberdrola Australia board.
“It has been a privilege and an honour to lead Iberdrola’s business in Australia over the past five years,” he said.
“I am proud of what we have achieved since the acquisition of Infigen in 2020, and I am deeply grateful to Ignacio Galán, Pedro Azagra and Hugh Elliott for their trust and support.”
Related article: Iberdrola acquires Tungkillo battery project in South Australia
Since 2020, under Rolfe’s leadership, Iberdrola Australia has invested $2.5 billion in wind, solar, and battery storage projects across South Australia, New South Wales, and Queensland.
The company has tripled in size, quadrupled its customer base, secured an offshore wind feasibility licence in Victoria, and launched a new networks business.
