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CEO
Charlotte, NC — Deriva Energy, a leading renewable power operator & developer, announces the appointment of John Clapp as the new Chief Executive Officer, effective September 30. John will be stepping into the role following the retirement of Chris Fallon, who served the company until the end of July.
John brings with him over 30 years of deep experience in power, energy transition, and renewables project finance and development. John comes to Deriva from Scout Clean Energy, a Brookfield portfolio company, where he was Chief Financial Officer and played a significant part in the development, construction, and operation of the Company’s 1 GW of operating wind, solar, and storage assets while advancing the development of a 17 GW project pipeline. John was instrumental in leading Scout’s growth strategy, building effective teams, fostering innovation, and leading transformative initiatives. John also led the sales process that resulted in the acquisition of Scout by Brookfield at the end of 2022.
In his career, John has also been a Managing Director in the Global Power & Utilities Group at Citigroup, CEO of a C&I distributed energy developer, and spent a decade as an industry consultant setting up competitive power markets in the U.S. as well as leading asset valuation and power market analysis. At Deriva Energy, John will leverage his experience in accelerating the transition to clean energy and driving the decarbonization of the electric grid.
Vice President Renewable Operations
Ernie Kapopoulos is responsible for all aspects of operations and maintenance for the Deriva Energy’s wind, solar and battery facilities.
Ernie has more than 30 years of experience in the nuclear and energy industries. He served as site vice president of the Robinson Nuclear Plant in Hartsville, S.C, where he directed station and facilities management, operations, maintenance, chemistry and radiation protection, engineering, nuclear and industrial safety, and business operations. Ernie began his career in 1986 as a submarine officer in the U.S. Navy, where he served for six years.
A native of Hudson, Mass., Ernie graduated from the College of the Holy Cross with a Bachelor of Arts degree in physics.
Vice President Technical Services & Construction
Matt leads engineering and technical support for Deriva Energy’s wind, solar, and battery storage projects. He is responsible for strategic equipment procurement, project execution and environmental permitting support to projects in development and construction.
Before his current position, Matt held a variety of senior roles at Duke Energy in engineering and construction for commercial solar projects, asset management and reliability engineering. Prior to joining Duke Energy, Matt was a project director for Nextera Energy Resource, where he led a regional team responsible for developing greenfield solar projects.
Matt holds a Bachelor of Science degree in Mechanical Engineering from the University of Kentucky and an MBA from Wake Forest University.
Vice President Information Technology
Frank is responsible for information technology and cyber security for Deriva. He has over 30 years of Information Technology (IT) experience delivering operational excellence and transformational projects. He has been a part of multiple successful mergers, acquisitions, and divestitures capturing committed business value and delivering seamless operations. He has a track record of transforming IT teams and technologies to meet changing business climates. He began his career in 1987 at the Cincinnati Gas & Electric Co. as an application developer.
Frank is a native of Northern Kentucky with a Bachelor of Science degree in mathematics from Northern Kentucky University and an MBA from the University of Notre Dame.
General Counsel
Jacob Pollack is General Counsel for Deriva Energy, where he is responsible for the company’s legal functions, including compliance, tax policy and land use. He has over two decades of experience serving as counsel to developers, owners and operators of U.S. renewable and fossil power generation. Prior to joining Deriva, Jacob was general counsel for Brookfield Renewable’s U.S. business, which he joined in 2018, and from 2006 to 2018 he held multiple in-house legal positions at Cogentrix Energy, ultimately serving as Senior Vice President, General Counsel and Secretary for the Charlotte, N.C.-based generation asset developer, owner and operator, which was a wholly owned subsidiary of Goldman Sachs until its acquisition by The Carlyle Group in 2012. Prior to Cogentrix, Jacob was an associate attorney in the corporate law department of Stroock & Stroock & Lavan LLP, working within the firm’s power-focused energy practice group.
He holds a Bachelor of Science in Engineering degree in Civil Engineering and Operations Research from Princeton University, as well as a JD from Columbia Law School.