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Arun Banskota

President & Chief Executive Officer

Arun leads BluEarth as President & CEO and brings more than 30 years of executive leadership experience across renewable energy, power infrastructure, and large-scale energy operations in North America and globally, including growing infrastructure businesses and establishing strong operational excellence cultures.

Previously, as the President & CEO of Algonquin Power, he led a publicly listed company that owned and operated over 2,000 MW of renewable generation capacity, and provided electricity, water, and natural gas to over 3 million customers in North America. Prior to Algonquin, Arun held senior leadership roles at Amazon’s AWS, where he had overall responsibility to plan, engineer, develop, and construct all datacenter capacity globally. Arun has led three start-ups, two of them as the CEO, from concept through commercialization in utility-scale solar, electric vehicle infrastructure, and carbon capture. Arun has held senior executive positions at NRG Energy and El Paso Corporation. He has served on the boards of public companies (Algonquin, Atlantica Sustainable Infrastructure, East Asia Power), industry associations, and numerous joint venture companies.

Arun has an MBA from the University of Chicago and a MA from the University of Denver. He is recognized for his ability to scale renewable energy platforms, lead complex organizations, and deliver long-term, sustainable value.

Rick Brouwer

Independent Director, Chairman of the Board

Rick was previously the President & CEO of Iracore, joining the organization in 2011. Iracore is a leading designer, producer and applicator of elastomeric coatings to pipelines, fittings and other equipment used in demanding industrial applications. Rick was also previously with ATCO Group, a Calgary-based company with over 9,000 employees and $14 billion in assets spanning the utility, midstream and logistics industries. His roles included President of ATCO Power from 2006 to 2010, President of ATCO Pipelines from 2004 to 2006, and President of ATCO Midstream from 2000 to 2004. Rick holds a Bachelor of Science degree in Mechanical Engineering from the University of Alberta, and has attended the Richard Ivey School of Business (Marketing Management).

Grant Arnold

INDEPENDENT DIRECTOR

Grant is BluEarth’s former President & CEO, a role he held from 2015 to 2025. He joined BluEarth in 2011 as Vice President, Business Development and subsequently was promoted to the role of Chief Operating Officer. Prior to joining BluEarth, Grant held several leadership roles in the renewable energy and natural gas sector. He holds a Bachelor of Science in Civil Engineering and a Master of Engineering degree from the University of Alberta. He also has a Master of Business Administration from the University of Calgary. Grant is a member of the Association of Professional Engineers and Geoscientists of Alberta.

Vincent Liu

Managing Director, CVC DIF

Vincent Liu joined CVC DIF in 2016 and was appointed to partner on the 1st of October 2022. Based in Toronto, Vincent co-heads CVC DIF’s North American activities and is one of CVC DIF’s sector specialists in renewable energy, energy transition, and digital infrastructure.

Prior to joining CVC DIF, Vincent worked with the North American infrastructure group at Macquarie Capital, the advisory and principal investment division of Macquarie Group, and the infrastructure investment banking group at BMO Capital Markets where he was primarily responsible for advising North American and international public and private sector clients in M&A and financing mandates.

Vincent holds a Bachelor of Applied Sciences degree in Electrical Engineering from the University of Waterloo, and a Master of Business Administration from the MIT Sloan School of Management. Vincent served in the Canadian Navy.

Angela Roshier

Partner, CVC DIF

Angela joined CVC DIF in 2010 and oversees the value creation of all investments. Previously she was a member of 3i Plc and Actis’s Infrastructure teams, she offers more than 28 years’ experience in the field. Angela has contributed to the origination and asset management of a wide variety of infrastructure assets in the PPP, water, renewable energy and transport sectors in both Europe and emerging markets. Angela holds an MBA from London Business School and an MA from the University of Cambridge.

Daniel Fetter

Partner, CVC DIF

Daniel Fetter is Partner, Deputy Head of Value Creation at CVC DIF North America. Daniel started his career at the Boston Consulting Group where he focused on the telecom sector and then joined the Telus Corp. to support the C-suite in priority P&L improvement initiatives. After completing his MBA at INSEAD in 2005, he joined CPP Investment’s new Infrastructure PE team where he became a Managing Director and led transactions, held Board roles and developed new strategies in various geographies including North America, Europe, Latam, Australia and Asia. After 10 years on the Infra side, he built and led CPP Investment’s direct growth equity program with global investment strategies focused on transportation, climate, retail, health care and enterprise software.

Poulad Roustaeian

Director, CVC DIF

Poulad is a Director based in CVC DIF’s Toronto office, overseeing investments in CVC DIF’s North American portfolio. Poulad has 10 years of experience in infrastructure and renewables investing in Canada and the United States. Prior to joining CVC DIF, Poulad held roles at Desjardins Capital Markets and Canada Life’s Private Debt group. Poulad holds a Master of Business Administration from the University of Toronto’s Rotman School of Management, a Bachelor of Mathematics from the University of Waterloo, and is a CFA® charterholder.

Randall Hoyle

Independent Director

Randy is a seasoned executive and industry leader with nearly 30 years of experience driving value creation and innovation across independent power, real estate, and oil and gas industries. Over the past 15 years, he led growth initiatives at four privately held operating platforms focused on renewable energy, storage, and decarbonization—setting strategy, building high-performance teams, and instilling a results-driven execution culture.

He has spearheaded the development/acquisition of $10 billion in solar, energy storage, wind, and natural gas power projects currently in operation across the U.S. Most recently, as Chief Carbon Solutions Officer at Aera Energy, he led decarbonization and carbon capture initiatives, monetizing a strategic real estate portfolio, and advised on conventional generation asset optimization. Previously, as Chief Development Officer at Terra-Gen, LLC, he executed the first gigawatt-scale renewable energy projects in the U.S. His earlier leadership roles included Managing Director at Edison Mission Energy and various development and financial analysis positions at NextEra Energy Resources (FPL Energy).

Randy holds an MBA from the University of Miami (FL) and a BBA in Finance from Iowa State University.