Malaysia-based clean energy firm Solarvest HoldingsBerhad has on Wednesday announced the appointment of Daniel Ruppert as its Chief Investment Officer, effective July 1, 2024.

Solarvest said in a statement that this appointment reaffirms the group’s dedication to advancing its investment roadmap in the clean energy sector, both geographically and vertically.

As part of its five-year plan, Solarvest aims to achieve 1 gigawatt (GW) of clean energy assets through greenfield and brownfield investments across Southeast Asia.

This strategic appointment is expected to accelerate the Group’s overseas business expansion, further strengthen Solarvest’s position as a leading clean energy player, and drive innovation in sustainable solutions.

“In early 2022, we’ve introduced a five-year strategic roadmap with an overarching goal to spark exponential growth in the renewable energy industry through engineering, procurement, construction, and commissioning (EPCC), asset ownership, and the development of clean energy ecosystem,

“To accelerate this mission, we are delighted to welcome Ruppert as our new Chief Investment Officer,” said Davis Chong Chun Shiong, Executive Director and Group Chief Executive Officer of Solarvest.

According to him, Ruppert will play a major role in accelerating Solarvest’s mission to lead the clean energy transition regionally and to deliver sustainable growth across various verticals.

“With his deep knowledge and active involvement in the sustainable energy industry, he is a valuable addition to our team, poised to lead our investment initiatives,” he added.

According to the statement, Ruppert brings over 15 years of experience in investment banking and business management, with a notable track record in the technology, media, and
telecommunications (TMT) and energy sectors.

His expertise will be instrumental in driving Solarvest’s investment strategies and accelerating its growth trajectory.

“We are in a very exciting period where the energy transition propels fundamental progress in Southeast Asia…” said Ruppert.

According to him, the firm is intending to diversify beyond its current solar pipeline of 6.1 global-warming potential (GWp) with various clean energy infrastructure investments.

“For our investment strategy, we will be welcoming institutional and impact investors to join our expansion journey and participate in the financial returns,

“We will also pursue co-investment alliances, mergers and acquisitions, and joint ventures,” he said.

With the group’s proven track record in solar, he noted Solarvest is ready to evolve into a broader energy infrastructure player in ASEAN.

It is noted that as Chief Investment Officer, Ruppert’s role includes clean energy asset acquisitions, portfolio management, risk management, and strategic capital allocation.

He is currently looking for immediate investment opportunities for various clean energy technologies across the ASEAN region.

This encompasses solar, wind, hydropower, biogas/biomass, energy storage, energy efficiency and EV ecosystem.

Listed on the main market of Bursa Malaysia, Solarvest is a clean energy expert with a multi-national presence across Asia-Pacific in seven countries.

The Malaysia-founded company started as a one-stop solar photovoltaic system solution provider for residential, commercial and industrial, and utility-scale solar farms.

Today, the firm has accumulated renewable energy portfolio of over 1,200 megawatt (MW) (on-going and completed).

The company is currently venturing into other clean energy solutions including, among others, hydrogen, battery storage, data center, energy efficiency, low-carbon mobility, and renewable energy certificates.

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