Scout Appoints Kevin Olson as Chief Financial Officer
BOULDER, CO (April 8, 2025) - Scout Clean Energy, a leading renewable energy developer-owner-operator, today announced the appointment of Kevin Olson as Chief Financial Officer, promoting Olson from his previous role as Senior Vice President of Project Finance. Going forward, Olson will oversee all project finance, capital markets, and corporate finance functions for Scout while filling a key role in the executive leadership team as the company continues to execute on its 19 GW project pipeline.
“I’m proud to have Kevin join the C-Suite and further build on his many years of company leadership at Scout,” said Michael Rucker, Founder and Chief Executive Officer at Scout. “Kevin has been an integral part of our success for a large majority of Scout’s existence, and we’re excited for him to take an even more impactful role in our future.”
Olson joined Scout more than eight years ago as one of its earliest members, leading project finance and capital markets efforts over a period that has seen the company grow from a $6 million start-up into fully integrated IPP with a $2 billion balance sheet and 1.6 gigawatts of projects in operation and under construction. During his tenure, Olson has raised over $4.5 billion of capital across M&A, corporate, project level debt, and tax equity, and played an integral part in managing the company sale to Brookfield in 2022. Prior to Scout, Olson held finance-related roles at renewable energy developers juwi Wind North America and SunShare.
“I am honored to join the Scout executive team,” said Olson. “It has been a privilege to be a part of all that Scout has accomplished in its short history and I look forward to building on that success in the business’s next phase of growth and maturation.”
Scout is a portfolio company managed by Brookfield Asset Management, a global leader of renewable power and decarbonization solutions.
About Scout Clean Energy
Scout Clean Energy is a leading renewable energy developer-owner-operator headquartered in Boulder, Colorado responsible for the development of approximately 1,600 MW of operating and under construction renewable energy assets in the US, 1,000 MW of which the company owns and operates. Led by renewable energy veterans, Scout is currently developing a pipeline of approximately 19,000 MW of wind, solar and storage projects across 25 states, including more than 2,200 MW of advanced-stage projects. Scout is a portfolio company managed by Brookfield Asset Management, which acquired Scout in 2022. For more information, please visit www.scoutcleanenergy.com
About Brookfield
Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) is a leading global alternative asset manager, headquartered in New York, with over $1 trillion of assets under management across renewable power and transition, infrastructure, private equity, real estate, and credit. Brookfield invests client capital for the long-term with a focus on real assets and essential service businesses that form the backbone of the global economy. Brookfield offers a range of alternative investment products to investors around the world — including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors.
Our operating capacity totals over 46,000 megawatts and our development pipeline stands at approximately 200,000 megawatts. Our portfolio of sustainable solutions assets includes our investments in Westinghouse (a leading global nuclear services business) and a utility and independent power producer with operations in the Caribbean and Latin America, as well as both operating assets and a development pipeline of carbon capture and storage capacity, agricultural renewable natural gas and materials recycling.
