Low Carbon bolsters team to accelerate deployment of renewable energy at scale

In its 10th anniversary, Low Carbon hires industry experts to drive increased impact in what is a crucial year for climate change with COP26 taking place later this year

Low Carbon has announced the appointment of several new industry experts to accelerate the growth of renewable energy generation in the UK and Europe. With a track record which includes more than 1GW of renewable energy capacity developed and operating and a pipeline of more than 4GW in development, Low Carbon now counts industry experts from Macquarie’s Green Investment Group, Centrica, Vattenfall, Swiss Life Asset Managers, Shell and PwC as part of the team.

The new hires have extensive experience in renewable energy. Their role will be to help scale renewable energy investment across the full lifecycle – from concept to development, construction and operations.

Matt Dimond joins Low Carbon from Swiss Life Asset Managers where he was head of international business development, leading the expansion of the group’s international institutional investor relationships. Prior to that, Matt was a key member of the team at InfraRed Capital Partners which designed, launched and expanded Europe’s leading listed renewable energy fund, TRIG. His earlier career, split between Europe and Asia, included investment banking roles with UBS Warburg and Macquarie Capital as well as regional M&A responsibilities at GE.

Paul McAdam joins from Macquarie’s Green Investment Group (GIG) in London where he was responsible for the origination, structuring and execution of renewable energy investments in EMEA. Paul brings more than 15 years of renewable energy experience across the full project lifecycle and technology spectrum and has a track record of developing, acquiring and financing wind energy projects with a total capacity of more than 3.5GW across the UK and Europe, enabling over £7.2 billion of investment.

Clare MacGregor joins from Vattenfall, a Swedish multinational power company. She has worked in Renewable Energy for 15 years, focussing on the commercial and financial side. Clare has a strong technical financial modelling background, and has worked in different companies from Financial Modelling Consultancy, to Developers to Private Equity. Within the renewables space, Clare also has experience of Regulatory Affairs, PPAs, and Project Management.

Soren Petersen joins from Centrica. Soren entered the energy sector in 2009 where he joined NEAS Energy in Denmark as Head of Markets. In 2011 he took responsibility for International expansion before moving to London in 2013 to set up NEAS Energy Ltd (as managing director) where he successfully built an extensive renewable PPA portfolio of more than 1GW. When the company was purchased by Centrica in 2016, he took a role leading UK origination and later a role in European origination. Before moving into Energy Soren worked within the Financial Sector as head of trading across a number of international locations for Danske Bank.

Grace Purvis was previously at PwC, where she spent more than five years working in the Energy & Infrastructure transaction services team. She advised on a variety of deals across the sector, including AMP and Infracapital’s divestment of Adven Oy and KKR’s acquisition of Viridor.

Hilary Struthers has spent the last 20 years with Shell and joins Low Carbon as non-executive director NED with a focus on ESG. Her career to date has included a variety of commercial roles across energy trading, business strategy, supply chain management and capital projects. Most recently, Hilary headed up the Sustainability function for the Global Commercial division, and was a member of the Energy Transition Taskforce, developing board-level energy transition strategy.

Roy Bedlow Chief Executive at Low Carbon commented on the team expansion saying:

“We are delighted to have such a capable and experienced team on board with an unparalleled understanding of the clean energy landscape.”

“With the mix of talent, Low Carbon’s expertise in the renewables space, and our knowledge and understanding of the energy market, we are well placed to develop and operate renewable energy at scale.”

“At its core, Low Carbon is committed to tackling climate change, and we believe our team will help us to meet our broader goal of providing all the energy we need through renewable sources.”