Welcome to Deriva Energy

We are an established leader in clean energy, with 5,900 megawatts of operating and under construction wind, utility scale solar and storage assets across the U.S. Formerly known as Duke Energy Renewables, Deriva is a portfolio company of Brookfield, one of the world's largest owners and operators of renewable power and climate transition assets. Deriva is headquartered in Charlotte, North Carolina.
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Milestones in our History

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2007
Acquisition of Catamount Energy and Tiera Energy
2008
Duke Energy Renewables formed. First projects placed in service.
2010
Reached 1 GW*
2015
JV with Sumitomo
2016
Reached 3 GW*
2019
JV with John Hancock
2021
Reached 5 GW*
2023
Acquired by Brookfield
2023
Rebranded as Deriva Energy

*owned or operated

Mission

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Deriva is a financially independent, top U.S. renewables company
with a passionate, engaged, and empowered workforce sharing in
the company’s success through purposeful work.

Deriva has contracted for 2,500 MW of incremental projects,
achieved a 15% ROI on operating assets, and is generating $100+
million in surplus cash from operations per year.

Deriva is the innovative energy provider of choice for customers,
communities, and employees.

Core Values

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Courage

Take ownership & challenge the status quo.

Entrepreneurship

Seek to understand and embrace risk; where there is risk there is opportunity.

Integrity

Be honest and trustworthy - do the right thing.

Safety

Accountable for personal and environmental safety at the individual, team, and enterprise levels.

Leadership

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John Clapp
Chief Executive Officer
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John Clapp
CEO
Tivnan
Paul Tivnan
Chief Financial Officer
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Diana Scholtes

Chief Commercial Officer

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Russell Young

Chief Operations Officer 

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Jacob Pollack
General Counsel
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Brandon Curry

Vice President People, Property, and Performance

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Frank Cook
Vice President Information Technology
Gizelle Wray
Gizelle Wray
Vice President External Affairs, Regulatory Strategy, and Communications
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Graham Furlong

Vice President Development 

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Matthew Johnson
Vice President Technical Services & Construction
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John Clapp
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