Domenic Capomolla has been appointed CEO of Pacific Hydro, after a brief three-month period as Interim CEO.
“Domenic is an outstanding appointment, bringing a wealth of experience from both a commercial and retail background”, said Mr Shou Rufeng, Chair of Pacific Hydro’s Board.
“This appointment marks an exciting new chapter for Pacific Hydro, and the Board is looking forward to seeing the continued growth of the business under Domenic’s leadership”, he concluded.
Prior to holding this position, Mr Capomolla was CEO of Tango Energy, Pacific Hydro’s retail arm, and has also been CEO of Simply Energy, Executive Director at Alinta Energy, and founder of Sumo Energy. Since joining Tango Energy in 2018, Mr Capomolla oversaw a large increase in customer numbers and a significant expansion in geographic markets and customer offerings.
Commenting on his appointment, Mr Capomolla said he was excited to be taking on the permanent role.
“Pacific Hydro is in a truly unique position in the Australian energy market, bringing together the best of the energy retail world with a 100% renewable portfolio of world-class generation assets”, he said.
“With Australia’s 2050 net zero target looming large, this is an incredibly exciting time to be part of our country’s renewable energy story, and Pacific Hydro’s 30 year history has established a strong position in the industry,” he continued.
“We’ve got a fantastic team in place, and a strategy for growth that we’re already well on the way to delivering.”
“Having worked in the energy business for over 20 years, I’m confident that Pacific Hydro, through our development pipeline, generation portfolio and range of customer offerings, will play a key role in leading Australia’s transition to a clean energy future”, Mr Capomolla concluded.
Mr Capomolla was appointed Interim CEO of Pacific Hydro in late December 2021 after the departure of former CEO, Rachel Watson.
About Pacific Hydro
Founded in Australia in 1992, Pacific Hydro was one of the pioneers of renewable energy development in Australia. With an installed capacity of over 660MW, Pacific Hydro operates a high-quality, diversified portfolio of wind, solar and hydro renewable assets across Australia, and has a significant pipeline of firm capacity and renewable projects, with more than 1.2GW under development.
With a strong reputation for engaging and collaborating with the communities where it operates, Pacific Hydro has a track record of delivering lasting, sustainable benefits. Its benefit-sharing activities have delivered over $4.9 million to more than 1,000 local community projects and organisations across Victoria, New South Wales, South Australia and Queensland.
Collectively, Pacific Hydro’s portfolio of operating assets currently abates over 1.6 million tonnes of greenhouse gas pollution every year.
Pacific Hydro’s retail arm, Tango Energy, is one of Australia’s fastest-growing retailers, with over 150,000 customers across Victoria, NSW, South Australia and Queensland.