About

About

TerraForm Power is an owner and operator of a best-in-class, 4,066 MW renewable power portfolio including solar and wind assets in North America and Western Europe. These premier assets are underpinned by long-term contracts that produce stable cash flow.

TerraForm Power is ideally positioned to capitalize on the growth in renewable power generation. TerraForm Power has considerable potential to grow both organically and through the acquisition of new facilities, including through its sponsor and majority shareholder Brookfield Asset Management.

Brookfield Asset Management is a leading global alternative asset manager with more than $500 billion of assets under management. Brookfield offers deep renewable sector expertise, a track record as a cornerstone investor aligned with other stakeholders, and a longstanding and experienced management team.

TerraForm Power will focus on acquiring, owning and operating solar and wind assets in North America and Western Europe.


Management Team

John Stinebaugh
Chief Executive Officer
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John Stinebaugh brings over 20 years of infrastructure and power expertise to his role as Chief Executive Officer of TerraForm Power. Mr. Stinebaugh is a Managing Partner with Brookfield. In this capacity, he has held a number of senior roles responsible for sourcing investment opportunities and overseeing operations including oversight of Brookfield’s infrastructure debt business, Chief Operating Officer and Chief Financial Officer of Brookfield Property Group, and Chief Financial Officer and Head of North America for Brookfield Infrastructure Group. 

Prior to joining Brookfield, Mr. Stinebaugh worked at Credit Suisse Securities in the energy group with responsibility for mergers and acquisitions and leveraged financings.
He received a chartered financial analyst designation in 1995 and graduated with honors with a degree in economics from Harvard University.

Tebbutt
Chief Financial Officer
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Michael Tebbutt is the Chief Financial Officer for TerraForm Power. Mr Tebbutt has held senior positions in Brookfield and was most recently the Chief Financial Officer at Brookfield Properties in its U.S. retail business with overall responsibility for the group's finance, reporting, tax and treasury activities. Prior to this role, Mr. Tebbutt was the Vice President of Finance and Chief Financial Officer of Brookfield Infrastructure Asia Pacific’s operations.

Mr. Tebbutt holds a Bachelor of Business from the University of Technology Sydney (UTS) and is a Chartered Accountant.

Fyfe
General Counsel
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Mr. Fyfe is a Vice President of Brookfield Asset Management Inc. ("Brookfield") and currently serves as the General Counsel of the Company. In that capacity, he has overall responsibility for the legal function of the Company, which includes overseeing all corporate governance, public company, and transaction execution matters. Mr. Fyfe has held a number of positions in Brookfield’s renewable power business. Prior to joining Brookfield in 2014, Mr. Fyfe worked at leading law firms in New York, London and Toronto, where he focused on the renewable energy sector. Mr. Fyfe holds an LL.B and B.C.L. from McGill University.

Osmars
Chief Operating Officer
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Kim Osmars is the Chief Operating Officer of TerraForm Power and is responsible for all operations of the company. 

With over 35 years of experience, Mr. Osmars brings a deep operating expertise to his role having held a number of leadership roles at both TerraForm Power as well as Brookfield Renewable Partners, where he helped the companies achieve track records of driving value through growth initiatives, cost savings, business development and mitigating risks inclusive of his supervision of the Health, Safety, Security & Environment (HSSE) function.

He joined TerraForm Power in October 2017 as Senior Vice President of Operations. Prior to that, he was the Senior Vice President of Business Development for Brookfield Renewable Partners from June 2016 to October 2017. Prior to June 2016, he served as the Regional Chief Operating Officer (COO) – West, for Brookfield Renewable Partners, where he was accountable for the safe and effective operations of hydro and wind generating assets, and the project development and construction of new renewable energy initiatives in the western half of North America. Kim was appointed to this position in May 2014. 

Kim has a Bachelor of Science degree from Lakehead University and a Masters of Business Administration from York University.


Board of Directors