Industry Veteran Chris Baker to Head Fleet
Electrification-as-a-Service Business
Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and
low-emission school buses, and Generate Capital, a leading
sustainable investment and operating company, have appointed
industry veteran Chris Baker to General Manager of their 50/50
joint venture, Clean Bus Solutions LLC. Blue Bird and Generate
Capital established the fleet electrification-as-a-service business
to meet the increasing demand for electric school buses and further
accelerate the adoption of clean student transportation in North
America.
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Blue Bird and Generate Capital have
appointed industry veteran Chris Baker to General Manager of their
50/50 joint venture, Clean Bus Solutions LLC. (Photo: Business
Wire)
Baker will lead Clean Bus Solutions and drive its dynamic
business growth. The clean energy industry veteran brings more than
two decades of general management, sales, and consulting experience
to the organization. Most recently, Baker served as president of
Enel Group’s U.S. charging business. Before then, he held senior
sales roles at Stem, a leader in AI-driven clean energy solutions
and services, and at Bloom Energy, a low carbon energy
provider.
Baker holds bachelor degrees in Economics and Biology from the
University of California at San Diego and a master's degree in
Business Administration from Columbia University.
“We are pleased to welcome Chris Baker to lead Clean Bus
Solutions,” said Britton Smith, president of Blue Bird Corporation
and chairman of Clean Bus Solutions LLC. “Chris brings a wealth of
knowledge and expertise to our fleet electrification-as-a-service
joint venture. He is driven and passionate about the
electrification of student transportation. Blue Bird customers in
North America are poised to benefit greatly from his leadership to
avoid the significant upfront costs and complexity of electrifying
their school bus fleets.”
“Chris’s dedication to the infrastructure transition and
extensive experience with fleet electrification will help
communities clean the air their children breathe and deliver
savings to school districts,” said Scott Jacobs, CEO and Co-Founder
of Generate Capital. “We look forward to working with Chris to
offer affordable and comprehensive fleet-as-a service solutions and
accelerate the electrification of school buses across the United
States.”
“I am delighted to join forces with two of the leaders in clean
transportation,” added Chris Baker. “School bus electrification is
one of the greatest economic and environmental opportunities for
school districts and Clean Bus Solutions de-risks the transition
process by offering best-in-class buses and smart charging
solutions at no upfront cost.”
The joint venture’s fleet electrification-as-a-service offering
will make it simpler for school districts to decarbonize their bus
fleets by offering electric school buses and associated charging
infrastructure at an affordable monthly fee. This turnkey
electrification solution will include Blue Bird’s best-selling and
widest range of electric school buses in the industry, financing of
both electric vehicles and charging infrastructure, project
planning and management as well as fleet and charging
optimization.
About Blue Bird Corporation
Blue Bird (NASDAQ: BLBD) is recognized as a technology leader
and innovator of school buses since its founding in 1927. Our
dedicated team members design, engineer and manufacture school
buses with a singular focus on safety, reliability, and durability.
School buses carry the most precious cargo in the world – 25
million children twice a day – making them the most trusted mode of
student transportation. The company is the proven leader in low-
and zero-emission school buses with more than 20,000 propane,
natural gas, and electric powered buses in operation today. Blue
Bird is transforming the student transportation industry through
cleaner energy solutions. For more information on Blue Bird's
complete product and service portfolio, visit
www.blue-bird.com.
About Generate Capital
Generate Capital is a leading sustainable investment and
operating platform driving the infrastructure transition. Generate
aims to provide the capital and help that developers, businesses,
cities and communities need to accelerate cost savings, resilience
and decarbonization. Since 2014, Generate has invested in and
operated sustainable assets across six sectors: power, mobility,
waste, green digital, water and agriculture, and industrial
decarbonization. With more than $10 billion raised since inception,
50+ technology and development partnerships and more than 2,000
assets globally, Generate’s one-stop-shop offers proof, not
promises that sustainability pays. For more information, please
visit www.generatecapital.com.
Forward Looking Statements
This press release includes forward-looking statements within
the meaning of the “safe harbor” provisions of the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements relate to expectations for future financial performance,
business strategies or expectations for our business and the joint
venture described in this press release. Specifically,
forward-looking statements include statements in this press release
regarding earnings growth and Blue Bird’s future positioning and
may include other statements preceded by, followed by or that
include the words “estimate,” “plan,” “project,” “forecast,”
“intend,” “expect,” “anticipate,” “believe,” “seek,” “target” or
similar expressions.
These forward-looking statements are based on information
available as of the date of this press release, and current
expectations, forecasts and assumptions, and involve a number of
judgments, risks and uncertainties. Accordingly, forward-looking
statements should not be relied upon as representing our views as
of any subsequent date, and we do not undertake any obligation to
update forward-looking statements to reflect events or
circumstances after the date they were made, whether as a result of
new information, future events or otherwise, except as may be
required under applicable securities laws. The factors described
above, as well as risk factors described in reports filed with the
SEC by us (available at www.sec.gov), could cause our actual
results to differ materially from estimates or expectations
reflected in such forward-looking statements.
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Blue Bird Investor Contact Mark Benfield Investor
Relations M: +1.478.822.2315 Mark.Benfield@blue-bird.com
Blue Bird Media Contact Julianne Barclay TSN
Communications M: +1.267.934.5340 E:
julianne@tsncommunications.com
Generate Capital Media Contact Elise Benoit Marketing and
Communications Generate Capital M: +1.415.299.7045 E:
press@generatecapital.com
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