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ION Clean Energy Expands Leadership Team and Opens New Headquarters

Key Highlights:

  • $45 million Series A financing from Chevron New Energies and Carbon Direct Capital.

  • New executive hires: Steve Hirsh (President/CFO), Ben Gurtler (COO), Jeannie Donovan (VP, HR).

  • New headquarters opened in Boulder, CO.

  • Recent achievements include DOE project selection and successful technology testing in Norway.

Source (Business Wire)

Notable Quote:

"Steve, Ben, Jeannie, and the teams they’ll build are vital additions to our already strong core. These new people and exciting new space in Boulder combined with the tailwinds from our recent financing bring enthusiasm and commercial and investor interest at an all-time high. We are well positioned for continued growth in the years ahead."

Tim Vail, CEO at ION Clean Energy

Our Take:

ION Clean Energy's strategic expansion of its executive leadership and the opening of a new headquarters signify the company’s readiness to scale its operations and meet the increasing demand for carbon capture solutions. The $45 million Series A financing from major industry players underscores investor confidence in ION's technology and vision. The addition of experienced professionals like Steve Hirsh, Ben Gurtler, and Jeannie Donovan positions ION to leverage their combined expertise in finance, operations, and human resources to drive growth and innovation. This development, coupled with ION's recent successful projects and demonstrations, sets the company apart as a leader in the carbon capture industry, poised for continued success and impact in reducing greenhouse gas emissions.