Foresight Group, an alternative asset manager and private equity house has appointed Dan Wells as director, US solar. Based initially in the UK with the specialist infrastructure team, Wells will lead the development of Foresight’s solar business in the US, building on Foresight’s 100MW operating solar portfolio in Europe.
Foresight Group (“Foresight”), a leading alternative asset manager and private equity house, has appointed Dan Wells as Director, US Solar. Based initially in the UK with the specialist Infrastructure team, Dan will be leading the development of Foresight’s solar business in the US, building on Foresight’s 100MW operating solar portfolio in Europe.
Dan joins Foresight with 12 years’ experience in finance and investment, specialising in sustainability and clean energy infrastructure. Prior to Foresight Dan was based in Singapore, running the global corporate finance team at Sindicatum Sustainable Resources, where he helped raise and invest USD 300 million in clean energy over the course of five years. Dan is a chartered accountant, and prior to Sindicatum, he spent seven years at E&Y, advising businesses and government agencies on a range of environmental finance and green issues.
Jamie Richards, Head of Infrastructure at Foresight commented: “We’re very pleased that Dan’s joined us to continue the development of our solar investment activity in the US. His experience in the clean energy sector particularly with US institutions adds significant strength to the existing resource we have dedicated to the US solar market.”
Dan Wells added: “I am delighted to be joining Foresight given its strength in the environmental and solar infrastructure space. We are currently evaluating opportunities for an initial EUR 100 million investment into US solar projects and further opportunities together with tax equity investors in the rapidly growing US solar market.”
For further information, please contact:
Ben Thompson: [email protected] 01732 471855
Notes to editors:
About Foresight Group LLP
Foresight is an independent specialist infrastructure, environmental and private equity investor, which focuses primarily on investments in unquoted UK and European companies or projects and offers investors exclusive access to attractive income and growth opportunities.
Foresight has in excess of USD 1 billion assets under management across a number of funds, including Limited Partnerships, Enterprise Investment Schemes (EIS) and Venture Capital Trusts (VCTs).