Highland Electrical Fleets, a supplier of electrification-as-a-service for presidency and municipal fleets in North America, has employed Gaurav Dubey as CFO to assist scale its finance group, optimize its capital construction and develop new monetary merchandise.
“Fleet electrification is at an inflection level, and Highland is well-positioned to fulfill rising demand for cleaner communities, more healthy youngsters, and extra resilient electrical grids,” says Highland CEO Duncan McIntyre. “Gaurav’s confirmed monitor document of main high-value structured financing, capital allocation and strategic operations initiatives will assist Highland’s continued progress as we scale our enterprise to convey easy, inexpensive electrification upgrades to clients throughout North America.”
Dubey has executed over $three billion in fairness and debt financing from monetary establishments, enterprise capital companies, non-public fairness traders and capital markets throughout North America, Europe and Asia. Previous to becoming a member of Highland, he was senior vice chairman of finance at 8minute Photo voltaic Power, the place he constructed out a finance staff and raised $350 million in financing within the absence of a CFO.
Earlier than that, Dubey was vice chairman of company finance at SunPower Corp., the place he helped spin out and take public the corporate’s modules enterprise; senior director of finance at VECTRA, an Apollo Co.; and director of company finance at SunEdison, the place he led structured financing and company acquisitions. Earlier in his profession, Dubey co-founded an power developer in India.
“I’m excited to affix Highland at a time of great enlargement for each the corporate and the business,” commented Dubey. “Monetary innovation and deploying capital effectively at scale will assist us decrease prices for patrons and advance our mission to speed up adoption of zero-emission transportation.”
