Alex Hernandez was appointed President of Talen and member of the Company’s Board of Directors in August 2019. Mr. Hernandez has concurrently served as Chief Financial Officer since the Company’s acquisition and take-private transaction in December 2016.
In his capacity as President, Mr. Hernandez oversees the Company’s commercial operations, strategy, capital allocation and organic growth initiatives centered on ESG, renewables and digital infrastructure assets. Mr. Hernandez also provides oversight of the Company’s corporate development, financial planning, trading, risk management, and balance sheet activities.
Prior to joining Talen, Mr. Hernandez served as Chief Financial Officer of TerraForm Power, Inc. (NASDAQ: TERP, ~$10 billion EV), a contracted renewable power infrastructure company. He was instrumental in the Company’s formation, IPO and in driving its growth and ultimate sale to Brookfield (NYSE: BEP). TerraForm generated total shareholder returns of over 340% in its initial 2017 sale to Brookfield and over 890% by the time of its 2020 merger with BEP.
Before creating TerraForm, Mr. Hernandez was a Managing Director in the Investment Banking Division of Goldman Sachs, joining the firm in 2005. During his time at Goldman Sachs, Mr. Hernandez provided strategic and capital markets advice to management teams and boards of directors. He was actively involved in building, growing, and selling several power, technology and infrastructure platforms including Horizon Wind, First Solar, Enviva, and Talen, among others.
Mr. Hernandez serves as an Advisory Board member of BlueVoyant, an enterprise cybersecurity technology company backed by the Pritzker Organization. He also serves as a Roundtable member of the James A. Baker, III Institute for Public Policy at Rice University, Houston.
Mr. Hernandez received a B.A. in Economics from Rice University (cum laude), B.S.C. London School of Economics (general course), and an MBA from Columbia University, New York.