Auriga Partnership

We are a global advisory firm specialising in executive search and board appointments. We have offices in London and Shanghai, as well as research support across the world.

Fund manager hires banker for U.S. renewables push

September 19, 2017jodixonNews0

Copenhagen Infrastructure Partners has hired William Demas, SVP at Macquarie Capital in New York, to lead a push into the U.S. renewable energy sector.

Demas, who is currently on gardening leave, is expected to join CIP in December.

The fund manager is expected to allocate some 30-40% of its latest fund, Copenhagen Infrastructure III, to the U.S. renewables sector.

CIP recently reached a third close of the new fund with €1.9 billion ($2.2 billion) of commitments.

Unlike many other infrastructure investors, CIP is able to invest in early-stage projects and take development risk.

CIP also recently partnered with Avangrid Renewables on the Vineyard Wind offshore wind development project off the Massachusetts coast.

Antin senior hiring from Morgan Stanley

July 29, 2017jodixonNews0

Fund manager Antin Infrastructure Partners has hired Kevin Genieser, head of EMEA & utilities investment banking at Morgan Stanley who resigned from Morgan Stanley  earlier this month.

The appointment comes as Antin looks to deploy capital from its recently raised third fund. In December, Antin, which claims to be Europe’s largest independent infrastructure investment firm, closed fund raising for its third fund with €3.6 billion of commitments.

Antin is a London and Paris-based investment firm headed by Alain Rauscher, formerly head of oil, gas and mining at BNP Paribas; and Mark Crosbie, formerly head of M&A at Centrica. Since 2007, Antin and its co-investors have deployed over €3.1 billion of equity in 15 transactions across two funds. Its current investments include the 100 MW Andersol I & II solar thermal plants in Spain and the CATS natural gas pipeline network in the U.K. North Sea.

Genieser joined Morgan Stanley in New York in 1996. He relocated from New York to London in 2013, when he was appointed head of EMEA utilities.

Recently, he advised National Grid on a sale of a 61% stake in its £13.8 billion U.K. gas distribution to a consortium led by Macquarie Infrastructure and Real Assets. Last year, he also advised EQT Partners on a sale of its German waste-to-energy business to Beijing Enterprises for €1.44 billion.

Prior to moving to London, Genieser was head of Morgan Stanley’s renewable energy banking business in New York. In that role, he advised Hudson Clean Energy Partners on the sale of Recurrent Energy to Sharp Corp.; the sale of SunEdison; and the sale of PPM Energy/ScottishPower to Iberdrola.

RES exec jumps to Cubico

April 12, 2017jodixonNews0

Steve Packwood, commercial director at Renewable Energy Systems, has joined Cubico Sustainable Investments.

He joined the global renewable energy and water investment company in London last week as head of Northern Europe.

Packwood replaces Oliver Alexander, who recently relocated from London to Stamford, Conn., to head up Cubico’s U.S. business.

Cubico Sustainable Investments, which is jointly owned by Canada’s PSP Investments and Ontario Teachers’ Pension Plan, has some 2 GW of generation in the U.K., Ireland, Italy, Spain, Portugal, Brazil, Mexico, and Uruguay.

Packwood spent more than a decade at RES, working on renewable energy asset origination, M&A, and project financing.

He was promoted to head of its Western European M&A and asset financing business in 2014.

SunPower exec jumps to Recurrent Energy

April 12, 2017jodixonNews0
Recurrent Energy has hired Ty Daul, SVP responsible for the utility-scale solar business in the Americas at SunPower in Richmond, Calif.

Daul, who also sat on the board of SunPower’s yieldco affiliate 8point3 Energy Partners, joined Recurrent this week as VP, Americas

Prior to joining SunPower in 2015, Daul was CEO for North America for Element Power, a renewable energy portfolio company of Hudson Clean Energy Partners.

Earlier in his career, Daul held business development roles at PPM Energy/Iberdrola Renewables.

Partners Group hires Asset Management Lead

March 20, 2017jodixonNews0

Partners Group has hired Simon Merriweather, the former head of generation at Centrica – he is set to join the alternative money manager in Zug, Switzerland later this month as a SVP in its global infrastructure investment business, overseeing global asset management activities.

Merriweather spent five years at Centrica in Windsor, England, initially leading the development of its renewable energy business before being appointed managing director of all its power generation activities, including its fleet of seven gas-fired power stations, five on- and offshore-wind farms and its 20% stake in EDF’s existing nuclear operations.

He left the parent of British Gas last summer. Prior to joining Centrica in 2011, Merriweather was chief executive of Advanced Plasma Power, a waste-to-energy company. Previously, he spent seven years at EDF Energy, the U.K. arm of Electricite de France, where he managed a 4 GW coal generation portfolio and a 800 MW CCGT plant.