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Various Countries Procurement News Notice - 56769


Procurement News Notice

PNN 56769
Work Detail Nexif Ratch Energy Investments Pte. Ltd. (Nexif Ratch Energy), a prominent owner/operator and developer of clean-energy power projects in the Asia Pacific region, is delighted to announce the appointment of Cyril Dissescou as its Chief Executive Officer. Cyril assumes the role from Matthew Bartley, who served as interim CEO during Nexif Ratch Energy’s inaugural year. Matthew will continue as a board member and contribute to the company’s execution committees. Headquartered in Singapore, Nexif Ratch Energy is a joint venture between Nexif Energy (Singapore) and Ratch Group (Thailand), holding ownership stakes of 51% and 49%, respectively. The company specializes in owning and operating a diverse portfolio of hydro, solar, wind, and battery storage energy assets. The current portfolio boasts a combined capacity of approximately 4.0 GW, spanning operations, construction, and development in key Asia-Pacific markets such as Vietnam, the Philippines, Australia, and Thailand. Mr. Surender Singh, Chairman of Nexif Ratch Energy, expressed satisfaction with Cyril’s appointment, highlighting his distinguished career in investment banking, particularly leading BNP Paribas’ Energy Transition advisory team in the Asia Pacific. Singh thanked Matt for his leadership during Nexif Ratch Energy’s foundational year. Nexif Ratch Energy anticipates accelerated development and growth under Cyril’s leadership as CEO, with the board and shareholders providing strategic direction and support for key initiatives. Before joining Nexif Ratch Energy, Cyril served as a Managing Director with BNP Paribas, a major European bank with a robust presence in the Asia Pacific region. In his role within the Low Carbon Transition Group (LCTG), Cyril played a crucial part in originating and executing strategic M&A and capital raising transactions in renewables, energy infrastructure, and transition metals sectors across Asia Pacific. With over 20 years of experience as an investment banker, including 15 years based in Singapore, Cyril Dissescou brings extensive expertise in the energy and natural resources sectors. He has advised international and local energy companies, infrastructure and private equity funds, Asian state-owned enterprises, utilities, and local conglomerates on numerous strategic transactions. Cyril holds a Master’s Degree in Engineering from Ecole Polytechnique (France) and a Master’s Degree in Economy and Finance from Ecole de Ponts ParisTech (France).
Country Various Countries , Southern Asia
Industry Energy & Power
Entry Date 11 Jan 2024
Source https://solarquarter.com/2024/01/11/cyril-dissescou-named-chief-executive-officer-of-nexif-ratch-energy/

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