Elgin, a leading renewable energy developer, announced the appointment of Dermot Kelleher as chief executive officer, effective immediately. Dermot, 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, Dermot 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. As a chartered accountant and chartered tax advisor with over 20 years of experience, Dermot’s expertise has been integral in positioning Elgin for continued success.
“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 firsthand 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.”
– Dermot Kelleher.
Dermot’s 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 deepen its presence across Europe.
“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.”
– Outgoing CEO Ronan Kilduff.
This leadership transition follows the appointment of James Brooks as Chairman of the Board in December 2024. As part of its ongoing leadership team expansion, Elgin is actively recruiting for senior roles, including Chief Operating Officer (COO), Chief Commercial Officer (CCO), and Finance Director
About Elgin
Elgin is a fully integrated, utility-scale solar+storage platform, bringing projects from origination through development to energization, with a 15GW+ pipeline spanning solar, co-located, and storage projects across the UK, Ireland, Germany, Italy, and Australia. The company has delivered over 1 GW of ready-to-build projects, including one of the largest operational solar farms in Northern Ireland (Bann Road, 46 MW) and Scotland(Errol, 13 MW). Elgin has established itself as a trusted partner in renewable energy, known for its 98% success rate in securing planning permission. In 2024, Elgin strengthened its position with Copenhagen Infrastructures (CIP), acquiring a majority stake and supporting its ambition to accelerate the global transition to sustainable energy. Founded in 2009, Elgin operates across offices in Dublin, London, Cork, Sydney, Ulm, Madrid, and Rome, with a team of over 150 professionals driving the delivery of large-scale renewable projects.
Electrify your feed! Click here to join our Whatsapp group and to get the latest updates, expert insights, and innovations driving India’s energy storage revolution.
