In the News

January 14, 2019
Sweetwater CFO Keith Wilson Becomes Ubiquitous Energy CEO

Sweetwater Energy Executive Vice President and Chief Financial Officer, Keith Wilson, has joined Ubiquitous Energy in Redwood City, Calif., as that company’s Chief Executive Officer. Wilson has left the management team at Sweetwater, but will remain on its Board of Directors.

Wilson joined Sweetwater in 2012 with the aim of securing funding for developing the company’s pretreatment technology and demonstrating it at a commercial scale. At the end of 2018, Sweetwater accomplished just that – $11.7 million in committed funding from our European partners, and construction of a full-size Sunburst pretreatment system underway in Estonia, with help from a €21 million European Union grant.

Wilson also served as Managing Partner and CEO of Cranberry Capital, which was an early investor in Ubiquitous. Located in Silicon Valley, Ubiquitous is developing the world’s first truly transparent solar technology. The company’s industry-leading performance combination of energy conversion and visible transparency will enable products such as energy efficient windows that generate electricity from the sun without aesthetic impact.

“As excited as I am to head up Ubiquitous, leaving Sweetwater is bittersweet,” says Wilson. “I’ve been with the company almost from the beginning as we’ve developed the technology into something truly groundbreaking. I’ll be watching with great excitement as the new project in Estonia takes shape and begins to show the world how amazing that pretreatment technology really is.”

“We’ll miss Keith’s daily involvement with our management team, but are excited that he will always be available as an advisor to the company,” says Arunas Chesonis, Chairman and CEO of Sweetwater Energy.

Sweetwater Energy uses a unique technology for producing low-cost nanofibrillated cellulose, microcrystalline cellulose, sugars, and clean lignin from non-food plant materials to help meet the modern world's increasing bioenergy and biochemical demands.

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