Wave Energy Innovator Eco Wave Power Welcomes Hilary E. Ackermann to Advisory Board

Wave energy developer Eco Wave Power has appointed Vistra Energy board member Hilary E. Ackermann to its advisory board.

Bringing a wealth of experience in risk management, corporate governance, and clean energy transitions, Ackermann, a former Chief Risk Officer at Goldman Sachs Bank USA, currently chairs Vistra’s Sustainability and Risk Committee. Her past board roles include positions at Dynegy, Credit Suisse Holdings (U.S.), and Apollo Investment Corporation.

“We are thrilled to welcome Hilary Ackermann to the Advisory Board,” said Inna Braverman, CEO of Eco Wave Power.

“Her deep understanding of energy markets, sustainability governance, and risk management aligns perfectly with our vision for the future of wave energy. As Eco Wave Power continues to scale its innovative technology and integrate into the global renewable energy landscape, her influence will help drive our efforts toward long-term sustainability and impact.”

Ackermann expressed her excitement about joining Eco Wave Power at a crucial moment in the renewable energy industry’s evolution.

“As global energy markets increasingly shift toward sustainable solutions, wave energy represents a key opportunity for reliable and scalable clean power. I look forward to contributing to Eco Wave Power’s mission and helping to drive innovation in ocean energy,” Ackermann added.

Eco Wave Power recently presented its 2024 financial results, showcasing cost reductions, revenue growth, and a stronger financial position.

In February, the company commenced infrastructure upgrades at its 1 MW wave energy project in Porto, Portugal. By August 2024, Eco Wave Power successfully launched its first MW-scale wave energy project in Porto, Portugal.