Sagar is an energy services industry veteran
who brings decades of global expertise and business acumen to
NovaSource
CHANDLER, Ariz., May 1, 2024
/PRNewswire/ -- NovaSource Power Services ("NovaSource"), a global
leader in solar operations and maintenance ("O&M") services and
a portfolio company of Clairvest Group Inc. ("Clairvest", TSX: CVG)
and OMERS Private Equity, the private equity arm of OMERS, is
pleased to announce the appointment of Akshay Sagar as President and Chief Executive
Officer of NovaSource. Akshay is a strategic energy executive who
brings a wealth of experience across the energy and industrial
service sectors to the business. He is a growth-focused leader who
has held senior management roles at Paterson-UTI, Weatherford
International, Halliburton, and Schlumberger. With a passion for
driving sustainable growth, Akshay is the right leader to advance
the NovaSource mission of supporting the global energy transition
by maintaining the lifecycle and efficiency of critical clean
energy assets.
"I am honored and delighted to be part of the NovaSource team as
we prepare for the next phase of growth and diligent execution at
NovaSource," said Sagar. "I would like to thank the Board for their
trust and look forward to working with the world-class team at
NovaSource, as we continue to deliver value for our customers."
"Akshay is a highly respected leader, and brings with him
decades of experience and a strong vision for the future," added
Bill Morneau, Chairman of the Board of NovaSource Power
Services. "We are excited to have him on board as President and CEO
and are confident he will be successful as we head into the
company's next chapter of growth and opportunity."
Mr. Sagar's new role is effective as of May 1, 2024.
About NovaSource Power Services
NovaSource Power
Services is a global O&M services provider for renewable energy
assets. NovaSource seeks to maintain a world-class culture of
safety and integrity, while developing lasting partnerships with
our customers and team members. As an independent, O&M-focused
company, NovaSource is poised to offer even greater value in the
design, maintenance, and management of our customers' projects.
More information is available at www.novasourcepower.com.
Media Contact
Timo
Moeller
timo.moeller@novasourcepower.com
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SOURCE NovaSource Power Services
