Power Factors Appoints Vestas North America President Laura Beane to Board of Directors

Power Factors, the leading renewable energy management suite (REMS) provider, has appointed Laura Beane, President, Vestas North America, to its Board of Directors. Beane brings unparalleled expertise and a wealth of experience spanning three decades in the renewable energy sector across manufacturing, development, energy delivery, and services.

Beane currently leads Vestas’ North American business as President, overseeing more than 49 GW of wind turbines installed and 43 GW under service in the U.S. and Canada. In February, she stepped into the role of Board Chair for American Clean Power Association, leading the trade group’s initiatives to drive a robust, secure energy future in the U.S.

Previously, Beane was the Chief Renewables Officer for ENGIE North America, where she successfully integrated grid-scale wind and solar, distributed solar, and storage companies to support ENGIE’s shift to clean energy. She also served as the President & CEO of Avangrid Renewables, the culmination of a 20-year tenure at the organization.

"Laura is a knowledgeable, talented renewable energy leader and an invaluable addition to the Power Factors Board of Directors,” said Julieann Esper Rainville, CEO, Power Factors. “Her extensive experience across nearly every part of the renewable energy value chain will enhance our strategic direction and further our mission to optimize every kilowatt -hour of renewable energy from the sensor to the cloud.”

Beane joins at a pivotal moment in Power Factors' growth following the successful launch of Unity REMS. Unity is one of the most widely deployed REMS in the market, with more than 300 GW of renewable energy under management, including 24 GWh of battery energy storage systems, in more than 70 countries.

"Renewable energy developers urgently need scalable, unified solutions to manage their growing portfolios, and Power Factors is unmatched in the market with Unity REMS,” Beane shared. “I’m honored to contribute to Power Factors’ success and look forward to advising the company in its continued expansion as the energy transition accelerates across the globe.”

Beane’s role was sourced through the external board program operated by Vista Equity Partners, a global technology investor that specializes in enterprise software and a majority investor in Power Factors. Launched in 2017, the board program leverages Vista’s ecosystem and additional resources to identify, train, and appoint qualified board candidates for its portfolio companies. The program works to create a pipeline of highly talented board candidates through programs and partnerships that will drive results for the corporate world at large.

Power Factors | powerfactors.com