Paul Hanrahan has served as chief executive officer of Globeleq Advisors Limited, a leading independent power producer operating and developing power projects in Africa, since 2017. He will step down as CEO at the end of 2019 and take a Board position as the non-executive director. Previously, Mr. Hanrahan served as the chief executive officer of American Capital Energy & Infrastructure Management, LLC, (ACEI) an investment company formed to raise, invest and manage funds in the energy and infrastructure industries. Mr. Hanrahan left ACEI when it was acquired by Ares Capital Corporation of American Capital, Ltd., a sponsor investor in ACEI.
Mr. Hanrahan served as president and chief executive officer of The AES Corporation, one of the world’s leading independent power producers, from 2002 to 2011. He was executive vice president and chief operating officer of The AES Corporation and president and chief executive officer of AES China Generating Co., Ltd., from 1993 to 2002. Mr. Hanrahan served as a director of The AES Corporation from 2002 to 2011. He previously served on the boards of other major publicly listed utilities in Brazil, Chile and Venezuela.
In 2009 Mr. Hanrahan was appointed by the White House to serve on the U.S.-India CEO Forum. He is a director of AquaVenture Holdings Limited, a global provider of water services and BMR Energy, LLC, a developer and owner of renewable energy businesses in Latin America and the Caribbean. He served as a director of Arch Coal, Inc., a global coal producer and marketer, as a director of Azura Power Holdings, Ltd, an electric power generation company in Nigeria and GreatPoint Energy, Inc., a producer of clean, low-cost natural gas from coal, petroleum coke and biomass.
Mr. Hanrahan holds a Master of Business Administration degree from Harvard Business School and a Bachelor of Science degree in mechanical engineering from the U.S. Naval Academy.