London, March 2010
1 March 2010: Foresight Group (“Foresight”), a
leading alternative asset manager, has bolstered its Solar Team with the
appointment of Federico Giannandrea as Investment Director.
Federico joins Foresight from Absolute Energy
Capital LLP (‘Absolute Energy Capital’), where he was Chief Operations Officer
and Head of Legal. Absolute Energy Capital is a spin-off of the Renewable
Energy Team from Deutsche Bank. After taking responsibility for starting up the
business, Federico assumed the role of COO, where he controlled the budget and
the compliance function. In his capacity as Head of Legal, he was involved in
the development of the renewable energy pipeline, as well as the negotiations
of the strategic partnerships and in the construction of an 8MW solar plant in
the South of Italy.
Prior to working at Absolute Energy Capital,
Federico was Vice President at Deutsche Bank AG in the London Renewable Energy
Team. In this role he developed the Italian solar and wind portfolio, where he
played an active role in the development and financing process of the
acquisition of a range of solar and wind projects throughout Italy. In his role
at Foresight, Federico will be responsible for originating, structuring and
executing solar PV transactions.
Jamie Richards, CEO of Foresight Solar commented:
Federico joins us at a time when the size of
projects we are executing has increased significantly and so his expertise will
help us optimise the execution of these transactions. His legal background adds
a new dimension to the team and we are very pleased to have him on board,”
Pietro Zerauschek, Technical Director of Foresight
Solar and Head of the Rome Office added:
”“Federico’s extensive experience of the Italian
solar sector will complement the existing expertise within our team. His
knowledge of regional compliance issues, as well as his relationships with
banks, construction contractors and developers will play an important role in
our ongoing solar activities, both in Italy and elsewhere in Southern Europe.”
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