TORONTO, Sept. 12, 2011 /CNW/ - OZZ Clean Energy Inc., a leading provider of low and no-carbon energy
solutions including solar power development and construction and
natural gas and electricity delivery today announced that it has
strengthened its management team with appointment of Mr. Boris Baril to
the position of Chief Financial Officer.
Mr. Baril joins OZZ Clean Energy from Algonquin Power & Utilities Corp.
("Algonquin") where he was the Director of Finance and Administration
and part of the senior management team for APCo., Algonquin's IPP
subsidiary. While at Algonquin Mr. Baril was responsible for the
finance and accounting functions at APCo., including financial planning
and reporting. Mr. Baril also supported Algonquin's transition from an
income fund to a corporate structure as well as securing a credit
rating, the establishment a $142 million credit facility and the
issuance of senior notes for the company.
Prior to Algonquin Mr. Baril was VP, Finance and Group Controller for
Universal Energy Group ("Universal"), a TSX-listed energy company which
was acquired by Just Energy ("JE") in July 2009. As VP, Finance at
Universal Mr. Baril supported significant operational growth as the
business grew from a $40 million private company to a $540 million
public company in 3 years. Mr. Baril was also instrumental in
Universal's 2007 Initial Public Offering which raised $143 million as
well as a subsequent convertible debenture offering. He was also
heavily involved in a number of acquisitions undertaken by Universal
and with the transition after the sale of the company to JE.
"Boris brings proven experience and expertise in the financial, energy
and M&A arenas with high-growth companies such as ours," said Mark J.
Lewis, CEO of OZZ Clean Energy. "This unique combination of experience
and skills makes Boris a terrific new addition to OZZ Clean Energy's
management team, and I'm thrilled to have him on board."
Mr. Baril is a Chartered Accountant and holds a Bachelor's degree in
Administrative Studies from York University.
About OZZ Clean Energy Inc. OZZ Clean Energy ("OCE") is a diversified
provider of low and no-carbon energy solutions for customers ranging
from residential homeowners through to large industrial and commercial
enterprises throughout North America. OCE's Solar division, OZZ Solar,
has the regulatory expertise, technical experience and access to over
400 installation staff to install, service and maintain rooftop solar
projects, backed by 24/7/365 service support. OZZ Solar is currently
developing projects for customers and property owners including
Longo's, Morguard and many others. OCE's Gas & Power Division offers
competitively priced natural gas and electricity to commercial,
industrial and institutional customers. OZZ Clean Energy is
headquartered in Concord, Ontario.
SOURCE Ozz Clean Energy Inc.
For further information:
Vice President, Corporate Operations
Direct line: +1 (905) 326-2519