Recognized industry leader will helm Calibrant’s growing Energy-as-a-Service business

Calibrant Energy (“Calibrant”), a leading distributed energy company providing customized energy solutions at scale, today announced the appointment of Matt Walz as its Chief Executive Officer. Walz is Calibrant’s first CEO and will start in October. His appointment reinforces Calibrant’s evolution and growth, building on its solid foundation as a joint venture between global innovators in energy, Macquarie Asset Management (MAM), Siemens Smart Infrastructure (SI), and Siemens Financial Services, Inc. (SFS).

“Calibrant is unlocking new ways to deliver innovative clean energy solutions to clients and I’m excited to roll up my sleeves and get to work with this talented team,” said Matt Walz, CEO of Calibrant. “In a short time, we have established an impressive track record of success, empowering customers to reach their energy transition goals through creative technologies and financing solutions. I believe Calibrant is well positioned for growth with new projects and partnerships on the horizon.”

Walz brings more than 25 years of experience in the energy industry. He previously served as the CEO of REC Solar where he oversaw the full acquisition by Duke Energy and led expansions into new customer segments and product offerings. Walz also previously served as the U.S. Chief Commercial Officer for The AES Corporation’s U.S. strategic business unit, a multi-billion-dollar U.S. energy portfolio. Most recently, he held a senior position at Invinity Energy Systems, a global leader in vanadium flow batteries.

“Matt is the clear choice to lead Calibrant through its next era of growth,” said William Demas – Head of Americas, Macquarie Asset Management Green Investments. “His strong leadership in the energy sector and clear vision for developing customer-centric clean solutions aligns perfectly with Calibrant’s vision and mission. Macquarie looks forward to supporting Matt and the rest of the Calibrant team in delivering the Energy-as-a-Service solutions of the future.”

“We’re proud to see Calibrant develop its leadership team and address the growing demand for Energy-as-a-Service projects," said Christian Bell, Senior Vice President and Head of Equity Investments at Siemens Financial Services, Inc. “We look forward to seeing Calibrant thrive under Matt’s leadership, working alongside Siemens Smart Infrastructure’s technology expertise, and continue providing financing for innovative clean energy projects.”

About Calibrant Energy

Calibrant Energy is a total energy partner that simplifies the transition toward energy decarbonization and decentralization. Calibrant Energy creates smart energy solutions for companies and institutions by integrating the latest energy technologies with adaptive financing. Calibrant Energy brings together global innovators in energy, Siemens Smart Infrastructure (SI), Siemens Financial Services (SFS), and Macquarie Asset Management (MAM), to deliver distributed energy solutions that help achieve commercial, sustainability and strategic goals. Siemens Financial Services provides debt financing for Calibrant projects. Calibrant Energy’s mission is to provide reliable, high-quality, and transformational energy solutions with end-to-end services. For more information, visit www.calibrantenergy.com.

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