• Leadership transition in Yinson Renewables
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After over four decades of professional contribution, David Brunt has decided to retire and step down from his role as Yinson Renewables Chief Executive Officer to focus on his interests outside of the working environment. While stepping away from the day-to-day running of the organisation, David will remain connected to Yinson Renewables in a strategic capacity as a member of the Yinson Renewables Advisory Board, continuing to lend his insight and experience. Yinson’s management fully supports his decision and thanks him for his unwavering dedication and leadership.

In tandem, we are excited to announce that Vegard Urnes, currently Yinson Renewables’ Chief Financial Officer, will succeed David as CEO. Vegard brings deep financial knowledge, strategic insight and industry experience, and has built strong relationships across the team, making him well-suited to lead Yinson Renewables into its next phase of growth.

This change of CEO will take effect on 1st January 2026 to facilitate a smooth leadership transition.

The team is strong and capable and is a great foundation for building further growth. Our strategy remains unchanged: we will continue to grow our operating asset portfolio through M&A and greenfield development. The Group is well-capitalized and ready to support Yinson Renewables’ growth journey.

Yinson Renewables was founded in October 2019 when David joined as CEO. He has been instrumental in shaping Yinson Renewables’ journey, quickly establishing a strong portfolio and pipeline, and bringing in an amazing team. Under his leadership, Yinson Renewables has firmly established itself as a serious player in the renewable energy space, and Yinson Group’s second engine of growth. We are deeply grateful for the vision, energy, and commitment he has brought to the organisation. His legacy will continue to inspire us as we move forward.

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Press Release

After over four decades of professional contribution, David Brunt has decided to retire and step down from his role as Yinson Renewables Chief Executive Officer to focus on his interests outside of the working environment. While stepping away from the day-to-day running of the organisation, David will remain connected to Yinson Renewables in a strategic capacity as a member of the Yinson Renewables Advisory Board, continuing to lend his insight and experience. Yinson’s management fully supports his decision and thanks him for his unwavering dedication and leadership.

In tandem, we are excited to announce that Vegard Urnes, currently Yinson Renewables’ Chief Financial Officer, will succeed David as CEO. Vegard brings deep financial knowledge, strategic insight and industry experience, and has built strong relationships across the team, making him well-suited to lead Yinson Renewables into its next phase of growth.

This change of CEO will take effect on 1st January 2026 to facilitate a smooth leadership transition.

The team is strong and capable and is a great foundation for building further growth. Our strategy remains unchanged: we will continue to grow our operating asset portfolio through M&A and greenfield development. The Group is well-capitalized and ready to support Yinson Renewables’ growth journey.

Yinson Renewables was founded in October 2019 when David joined as CEO. He has been instrumental in shaping Yinson Renewables’ journey, quickly establishing a strong portfolio and pipeline, and bringing in an amazing team. Under his leadership, Yinson Renewables has firmly established itself as a serious player in the renewable energy space, and Yinson Group’s second engine of growth. We are deeply grateful for the vision, energy, and commitment he has brought to the organisation. His legacy will continue to inspire us as we move forward.