Cubico Sustainable Investments (“Cubico”), one of the world’s leading privately-owned renewable energy companies, has appointed Jens-Peter Saul as Chief Executive Officer on a permanent basis following his tenure as Interim CEO.

Jens-Peter assumed the role of Interim CEO on 1 April 2026, having previously served as a Non-Executive Director on Cubico’s Board for seven years. Before joining Cubico as Interim CEO, he spent almost 14 years as Group CEO of Ramboll, the global engineering, architecture and consultancy company, leading the business through a period of significant international growth and transformation. Earlier in his career, he served as CEO of Siemens Wind Power.

Over the past three months, Cubico has secured projects under Mexico’s Mixed Investment Scheme, completed major construction milestones in Colombia, progressed its Italian development portfolio and advanced construction and commissioning activities at its flagship Wambo Wind Farm in Australia. The company has also continued to operate its global portfolio safely and effectively while shaping its next phase of growth and long-term strategy.

Jens-Peter Saul, Chief Executive Officer commented:

“The past three months have reinforced my belief in the strength of Cubico’s business, the quality of our projects and, above all, the talent and commitment of our people. Despite a period of transition, teams across the company have continued to deliver important milestones and maintain strong momentum across our markets.

As we look ahead, we have a significant opportunity to build on those foundations. I am excited to continue working with our teams, shareholders, partners and communities as we shape the next chapter of Cubico’s growth and continue delivering the renewable energy infrastructure needed to support the global energy transition.”

Cubico currently operates 3.6 GW of renewable energy capacity across nine countries, with approximately 500 MW under construction and a development pipeline exceeding 8 GW across solar, wind and battery storage technologies.

About Cubico Sustainable Investments

Cubico Sustainable Investments is one of the world’s leading privately-owned renewable energy companies. The company develops, builds, owns and operates renewable energy assets across multiple markets globally, supporting the transition to a cleaner and more sustainable energy system. Cubico is jointly owned by the Public Sector Pension Investment Board and Ontario Teachers’ Pension Plan.