Shangari to Drive Global Expansion and Energy Transition Initiatives
SAN JUAN CAPISTRANO, Calif.–(BUSINESS WIRE)–Pacifico Energy (Pacifico) today announced the appointment of Dhiraj Shangari as Chief Financial Officer, Head of Capital Markets & Investments. This move strengthens the company’s leadership team as it continues to expand its global power portfolio and advance large-scale energy transition initiatives.
Dhiraj joins Pacifico from Northland Power, where he served as Director of Development Finance and helped deliver multi-billion-dollar, award-winning transactions across offshore wind, battery storage, onshore renewables, and conventional generation. With 15 years of international experience in renewable energy finance, he brings deep expertise in capital markets, M&A, and structured financing to lead Pacifico’s next phase of growth.
“What drew me to Pacifico was their forward momentum and clarity of purpose,” said Dhiraj Shangari, now Chief Financial Officer, Pacifico Energy. “This is a team that isn’t just investing in projects; they’re changing the way the world generates energy. Pacifico is uniquely positioned in the United States and Asia-Pacific to provide scalable firm power solutions.”
In his new role, Dhiraj will oversee the company’s finance functions, investment activities, and lead efforts to fund its growing pipeline of global projects. He will play an instrumental role in establishing strategic partnerships and optimizing the capital structure to support Pacifico’s ambitious growth goals in the renewable power and AI-infrastructure energy sectors.
“Dhiraj has executed multi-billion-dollar financings in offshore wind, storage, and thermal across multiple regions,” said Nate Franklin, CEO of Pacifico Energy. “He knows how to align lenders, export credit agencies, and equity partners to get projects to close. With Dhiraj leading capital markets and investments, we plan to finance our private-grid and AI-infrastructure energy projects with greater certainty and capital efficiency here in the U.S., while advancing our other international opportunities, such as onshore renewables and offshore wind in Korea and Vietnam.”
About Pacifico Energy
Pacifico Energy (Pacifico) is a forward-looking American energy infrastructure firm that delivers customized energy solutions to companies and communities. Founded in 2012, Pacifico has developed, owned, and operated more than 1,750 MW of utility-scale, distributed, and prime generation power projects. Headquartered in San Juan Capistrano, California, with offices in Japan, South Korea, and Vietnam, Pacifico is advancing its 10 GW development pipeline. In the U.S., Pacifico is developing 8,000 MW of behind-the-meter projects supporting AI-Infrastructure or datacenter needs, in addition to an existing C&I portfolio. In the Asia-Pacific region, Pacifico is progressing with renewable power and battery energy projects. (www.pacificoenergy.com)
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