esVolta Hires Marci J. Palmstrom as Head of Asset Management

Palmstrom will support maximizing the value of BESS facilities for a wide set of stakeholders

NEWPORT BEACH, Calif., June 25, 2025 /PRNewswire/ -- esVolta, LP ("esVolta") today announced the hiring of Marci J. Palmstrom as Vice President of Asset Management. Palmstrom will lead operations and asset management for esVolta's nearly 1.4 GWh fleet of front-of-meter, utility-scale battery energy storage systems (BESS) across the United States.

Responsible for overseeing and directing all aspects of asset management, Palmstrom will develop and execute strategies that maximize asset performance, reliability, safety, and financial returns while ensuring compliance with all regulatory requirements. In her leadership role, she will focus on fostering a positive culture and driving growth and development in pursuit of esVolta's vision of pioneering the grid of the future through innovative, reliable energy storage solutions.

"It's a pleasure to welcome Marci to lead our Asset Management team, especially now, at a time when the safe and reliable operation of BESS has never been more important. Her comprehensive experience across all aspects of asset management will be instrumental in safeguarding our assets, delivering value through on-budget performance to stakeholders, and driving progress toward our strategic goals," said Randolph Mann, CEO, esVolta.

With over 25 years of experience in the energy and utility sector, Palmstrom contributes deep expertise in wholesale operations, contract management, and energy efficiency. Prior to joining esVolta, she was an executive at Southern California Edison working in operations to maximize revenue on both the market and customer side.

Palmstrom holds a degree in Business and Communications from California State University, Fullerton, and a Master of Public Administration from California State University, Northridge.

About esVolta

Founded in 2017, esVolta, LP is a top developer, owner, and operator of utility-scale energy storage projects across the US. The company's portfolio of operational plus in-construction projects totals about 1.4 GWhs of storage capacity, and the firm is developing a large pipeline of future storage projects. esVolta is a portfolio company of Generate Capital, PBC, a leading sustainable infrastructure company driving the infrastructure transition. Additional information about esVolta is available at www.esvolta.com.

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SOURCE esVolta