about enwave
Management team
Dennis Fotinos – President & Chief Executive Officer
Dennis Fotinos began his career at Enwave in 1998 as Chairman of the Board when the company operated as the non-profit cooperative known as the Toronto District Heating Corporation. In that capacity, he initiated and executed the two-year corporate re-organization effort that gave rise to the private, for-profit company that Enwave is today.
In 2000, Mr. Fotinos joined the management team as Executive Vice President, Business Development. In that role, he re-branded the company as Enwave and developed the sales and marketing strategy that brought the company’s capabilities to market. In March 2001, he was appointed President and Chief Executive Officer with responsibility for the strategic direction and daily oversight of the company’s business including sales, business development and major construction projects.
As CEO, Mr. Fotinos’ organizational skills and entrepreneurial drive have turned-around the fortunes of the company. By implementing a new rate structure, signing long-term customer contracts, establishing a new gas buying strategy and aggressively marketing the company, he changed the way business had been done. Under his leadership, the company has enjoyed a period of sustained profitability and strong customer and employee satisfaction. His drive to develop the world-renowned Deep Lake Water Cooling project and his strong support of the arts, education and various social causes, have established Enwave as a leading corporate citizen and a market leader in the green energy and sustainability sector.
Mr. Fotinos has an MBA from the Kellogg School of Management and Schulich School of Business and Bachelors Degree in International Relations from the University of Toronto. He served as an elected member of regional and local governments in the City of Toronto from 1991 to 1999.
Dennis Fotinos is an active member in the Toronto community and has committed his time and energy over the years to a number of professional and charitable organizations. He recently completed a seven-year term on the Board of Directors of the International District Energy Association, culminating in his appointment as Chairman during the organization’s centennial year in 2009-10. He currently serves on the Board of Directors of Harbourfront.
Krishnan Iyer – CFO & EVP, Company Operations
Krishnan Iyer began his career at Enwave 1998 as Controller. After participating in the company’s corporate reorganization in 1999, he assumed progressively senior responsibilities becoming CFO in 2003 and culminating in his current, expanded role of CFO and EVP Company Operations in April 2009. As CFO, he continues to be responsible for Enwave’s financial and administrative affairs. This includes raising capital for new business initiatives, working with the President to price heating and cooling services, procuring fuel and leading a small team of professionals in financial reporting and information systems. In his capacity as EVP Company Operations, he is now also responsible for coordinating the efforts and day-to-day operations of all company functions.
Mr. Iyer has played an important role in the company’s success. He was instrumental in securing financing for the company’s signature Deep Lake Water Cooling project, executing on the company's new gas-purchasing and product-pricing strategy in 2003 and most recently initiating a financial reorganization to maximize shareholder value.
Mr. Iyer has extensive experience in treasury, controllership, and managerial accounting with various multinational corporations spanning 25 years in Asia, Africa, Middle East and Canada. His career includes senior positions in sectors ranging from manufacturing and distribution to retail and energy.
Mr. Iyer holds a Master of Commerce, a CPA designation from Illinois State University and a CGA designation.
He is an active member of the Finance Executives International, the Toronto Board of Trade, and the International District Energy Association.
Graham Harding – VP, Operations & Energy Services
Graham Harding joined Enwave in 1997. In 2003, his title of Vice President, Operations was expanded to include Energy Services as Enwave implemented its new customer focused business strategy. He is responsible for achieving cost-effective reliability and service excellence at Enwave's steam and chilled water plants and customer locations.
Under Mr. Harding's supervision, the operations division earned international recognition for excellence in the operation of energy conversion facilities, steam and chilled water production, distribution and control. As part of his expanded responsibilities, Mr. Harding has used his experience and knowledge of system operations to guide a team of dedicated professionals who work with customers to optimize their respective building operations.
Mr. Harding and his team continue to work on improving efficiencies. He was also involved in commissioning the Simcoe Street Cooling Plant to accommodate Enwave's revolutionary new Deep Lake Water Cooling system.
Graham Harding is a Professional Engineer with a master's degree in applied science. He sits on the City of Toronto's Emergency Planning Committee and is a member of BOMA and IPPSO.
Robert Furlan – VP, Energy Supply Services
As Vice President Energy Supply Services, Mr. Furlan is responsible for the overall efficiency of the district energy system and services provided, ensuring that everything we provide remains aligned with our customers' current and future needs.
Mr. Furlan enjoyed 15 years of senior operations experience in the manufacturing, health care and commercial property sectors. Prior to joining Enwave, he was the National Director, Green Services & Initiatives at Cadillac Fairview where he was instrumental in the connection of the Toronto Dominion Centre (TD Centre) to Enwave's Deep Lake Water Cooling System. Previously, in his earlier role as Director of Operations, he also led the largest commercial Energy retrofit in Canada at the TD Centre.
Mr. Furlan holds a Bachelor of Science Degree in Mechanical Engineering and is a member of the Professional Engineers of Ontario (PEO) and BOMA.
Alex Sotirov – VP, Engineering
Alex Sotirov has been VP of Engineering since April 2009. He originally joined Enwave in 1998 as Project Manager following one year of service with the Petro-Canada, Lake Ontario Refinery (Colt Engineering). His previous experience also includes Polysar Rubber (Bayer AG Company), Atomic Energy of Canada Limited, Public Works and Government Services Canada and Ontario Hydro Nuclear Operations, Western Division.
At Enwave, Mr. Sotirov was involved as a Project Manager in the design, construction and commissioning of the Simcoe Street Cooling Plant to accommodate Enwave's Deep Lake Water Cooling system during four stages of construction from 1998 to 2007. In addition, he led the installation and commissioning of 2 steam generators, providing a total of 11 MW of power.
He has provided technical and energy services to assist Enwave customers in optimizing the use of energy in their facilities during installation and commissioning of Enwave's cooling and
Mr. Sotirov has a Bachelor of Science (Mechanical Engineering) from the University of Waterloo.
