Syrcuit Energy names two to board

GREELEY — Syrcuit Energy Solutions Inc., a Greeley-based renewable-energy company, has named two new members to its board of directors.

Glen Davis and Erik R. Olbeter joined the board in November, bringing more than 50 years of energy experience and strategic partnerships to guide Syrcuit’s growing portfolio of renewable-energy projects, the company said in a press release.

Davis served as CEO and director of Sunfolding Inc., a supplier of solar trackers, and previously served as president and CEO of Broomfield-based Renewable Energy Systems Americas, where he was responsible for leading commercial activities, including corporate strategy, technical and financial analysis, mergers and acquisitions, transactions, transmission, and new business. 

Olbeter was most recently co-founder and CFO for Innovas, a private company that assists the U.S. government in the targeting, analysis and acquisition of technology solutions, primarily focused on security and defense. 

“We are extremely excited to have Glen and Erik joining the Syrcuit Board,” Craig Rasmuson, Syrcuit CEO and founder, said in a prepared statement. “These seasoned energy executives bring tremendous insight, experience and passion to complement our existing board members. The company is entering a growth phase and the new Directors’ guidance will help Syrcuit to navigate this next chapter.”

Syrcuit is closing its second round of private placements, having raised $6 million in a private placement in 2022. The company specializes in solar, wind and battery-storage projects for utilities and direct sale opportunities.

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