Exus Renewables North America Welcomes Jay Leitstein as New CFO to Drive Growth
On April 30, 2025, Exus Renewables North America, a key player in the utility-scale renewable energy sector, announced the appointment of Jay D. Leitstein as its new Chief Financial Officer (CFO). With more than 20 years of experience in financial leadership within the energy industry, Leitstein is expected to play a pivotal role in advancing Exus's mission of expanding its renewable energy operations across North America. His previous position was as Interim Chief Accounting Officer at enCore Energy Corp., where he was responsible for managing various accounting processes and enhancing financial systems. Before joining enCore Energy, he served as CFO at TexGen Power, LLC, overseeing financial operations for a broad portfolio of power plants, which ultimately maximized returns for shareholders.
Jim Spencer, President and CEO of Exus Renewables North America, affirmed Leitstein's importance to the team, stating, "Jay's extensive background in energy finance and his proven track record of implementing robust financial frameworks make him the ideal addition to our leadership team." His wealth of knowledge will be crucial as Exus seeks to solidify its position as a leading entity in renewable energy by building, owning, and managing assets across the continent.
In his new capacity, Leitstein will supervise all financial operations, including strategic planning, reporting, and capital structuring. This hiring comes at a time when Exus is actively expanding its portfolio of renewable energy projects, responding to the evolving U.S. renewable energy market. "I am thrilled to join Exus Renewables North America during this exciting period of growth," Leitstein commented. He expressed eagerness to contribute to the company's success and assist in promoting America's clean energy future.
Leitstein's appointment is part of a broader strategy by Exus to enhance its leadership team. Recently, several other executives have been brought on board, including Brian Johnston as Vice President of Engineering, Procurement & Construction; Jay Liu as Vice President of Transmission; and Brian Reindl, who is now the Vice President of Development – West. The consolidated leadership is poised to drive Exus's ambitions in the renewable sector.
Leitstein holds a Bachelor of Science in Accounting from Kean University and is a Certified Public Accountant in New Jersey. These credentials complement his extensive experience and align him perfectly with Exus's commitment to advancing renewable energy development, thereby contributing to national decarbonization goals.
Exus Renewables North America operates out of multiple offices, including Pittsburgh, New York, and Albuquerque, with a dedicated team of over 80 employees focused on sustainable growth within the U.S. renewable energy space. By enhancing its leadership and fostering new projects, Exus aims to accelerate its contributions to the clean energy landscape while fostering economic growth across the nation. In conclusion, the appointment of Jay D. Leitstein as CFO underscores Exus's intent to strengthen its operational capabilities and navigate the complex challenges of the renewable energy ecosystem with expertise and assurance.