Vineyard Wind has named Lars Thaaning Pedersen as its new CEO and Iain Henderson as its CFO. Erich Stephens, who has led development of the project since 2014, will become Vineyard Wind’s Chief Development Officer, and will continue his work focusing on the pre-construction development of the project.
Prior to relocating to Massachusetts and being named CEO, Pedersen had served as the project director for Vineyard Wind on behalf of Copenhagen Offshore Partners, the offshore wind development company of CIP. s co-CEO of Copenhagen Offshore Partners, Pedersen has overseen the development of three offshore wind projects since 2014. Prior to COP, Pedersen had been an executive at DONG Energy. At DONG Energy, Pedersen most recently served as Senior Vice President, Market Development & Asset Management. In that role, Pedersen oversaw the Development and Operations of more than 10 European offshore wind projects.
Prior to joining Vineyard Wind, Henderson was the Head of Regulated Transactions for Scottish Power’s Renewables business unit for seven years. He’s been with Scottish Power for a total of 18 years. Scottish Power is a subsidiary of Iberdrola, the utility that also owns Avangrid Renewables, one of the owners of Vineyard Wind. At Scottish Power, Henderson managed the divestment of offshore transmission assets of the company and managed agreements with joint venture partners.
