2015 Top 100 Power People 1 TOP 100 POWER PEOPLE 2015 The movers and shakers in wind LordFeaturing Irvine anLaidlaw exclusive talks interview exclusively with to ALord Word Irvine© AAbout Word AboutLaidlaw Wind,Wind 2015 2015 Top 100 Power People Contents 2 CONTENTS Editorial: Introducing the Top 100 Power People 3 Compiling the Top 100: Advisory panel and ranking process 4 Exclusive: A Word About Wind meets Lord Laidlaw 7 Top 100 breakdown: Statistics on this year’s table 13 Profles: Numbers 100 to 26 14 Profles: Numbers 25 to 6 24 Top fve profles: The most infuential people in global wind 26 Top 100 list: The full Top 100 Power People for 2015 28 Next year: Key dates for your diary in 2016 31 Networking at A Word About Wind annual conference in 2015 © A Word About Wind, 2015 2015 Top 100 Power People Editorial 3 EDITORIAL re institutional lenders more vital to growing their operations in emerging wind Awind than developers? markets in Asia, Africa and South America. That international focus has remained this Do private equity frms make a larger year, but we have seen other changes. contribution than big turbine makers? One big trend we have seen this year is And are senior advisers more infuential the number of private equity players in the than those inventing groundbreaking tech? table. There are 12 people from private equity frms in this year’s Top 100, including by Richard Heap, These are three tough questions, and the nine who have not featured before. editor at A Word About Wind truthful answer is that it is very diffcult to compare the different contributions made The wide range of investments made by these hugely diverse types of businesses. by their companies shows us that the And yet, it is precisely that challenge that opportunities in the sector have never has made compiling this fourth-annual Top been more varied. There is something for 100 Power People so fascinating. everyone, whether it is investing in the “Te investment secondary market in Germany or in an opportunities in For those of you who have not seen the emerging market like Chile or Kenya. this sector have Top 100 before, here is the quick rundown. Back in 2012, A Word About Wind took However, the larger number of investors never been more on the challenge of identifying and assess- featured means we have had to cut else- varied. Tere is ing the key people working in wind. We where, and there has been less room this something for wanted to give a comprehensive view on year for those on the technical side of the the power-brokers who do the deals that industry, including lawyers. These groups everyone.” shape this market. It was a huge success are still highly infuential, but not as high- and we followed it up every year since. profle in leading on the all-important deals. Our focus is largely the same as in that frst We have also been able to go into more list. We look at the most infuential fgures depth this year than ever before about the working in the private sector — develop- different types of companies represented ers, investors and manufacturers — rather on the Top 100, and you can fnd more than the public sector, and there is a simple statistics about this on page 13. reason for this. We are more interested in A Word About Wind those doing the deals. And there is the small matter of our ex- www.awordaboutwind.com clusive interview with British tycoon Lord [email protected] Of course, it is true to say that politicians, Irvine Laidlaw (page 7), who made a big T: +44 (0)20 7193 6013 civil servants and industry bodies exert impact in European offshore this year by +1 (917) 310 3307 huge infuence over the industry. We have reaching the €1.9bn fnancial close on Veja been reminded in the last year just how Mate. This has enabled us to evolve the Top 2nd Floor, much damage politicians can do in markets 100 format with more vital business insight. 167-169 Great Portland Street, around the world, from Australia to the London, W1W 5PF UK, with the rules they create. However, As always, we trust you will enjoy our clear we are most interested in those in business and objective assessment of this exciting Editor: Richard Heap who help wind thrive regardless of which market and the people working within Designer: Lee Washington politicians are in charge. it; and would like to thank our fantastic Sales & Membership: advisory panel for their insight. Joe Gulliver And, thankfully, the Top 100 does not stand Publisher: Adam Barber still. In 2014, for example, the table had All the best for the next 12 months! a more global favour than ever before, Cover image: Emily Scaife which refected the increasing weight that companies big and small were giving to © A Word About Wind, 2015 2015 Top 100 Power People Compiling The Top 100 4 THE EXPERTS To help select the Top 100, each year we bring together a senior advisory panel to provide an outside perspective Fintan Whelan Laurence Mulliez Per Hornung Pedersen Independent Investor Non-Executive Director, Senior Adviser UK Green Investment Bank Renewables Funds Fintan has been active in the sustainability Laurence is an experienced CEO with Per spent 20 years in various manage- business since 2000, when he joined Irish over 20 years’ commercial expertise rial positions at companies in a range of energy frm Airtricity. He spent eight in a range of industries and frms, from sectors before joining the wind industry years as corporate fnance manager and multinationals to start-ups. in 2000, as CFO in NEG Micon/Vestas. raised more than €1bn of project and He moved to Indian turbine manufacturer corporate debt to fund the company’s rapid She started her career at Banque Suzlon in 2004, where he was responsible development and build programme using National de Paris as a fnancial analyst, for international operations. innovative fnancing structures. before spending seven years at US oil company Amoco; and then held a number He then took over at REpower (now In 2008, he co-founded Mainstream of senior roles at BP in the ten years to Senvion) in 2007 and, in his role as CEO, Renewable Power and worked as 2009, including as head of strategy and doubled turnover to €1.3bn. Per left corporate fnance director. Key successes chief of staff in the frm’s renewables arm. REpower in 2011 and, since then, has included working directly with Japan’s In 2010, she joined UK renewables frm been active in a number of supervisory Marubeni Corporation, which led them Eoxis and spent four years as its CEO. boards as well as acting as industry adviser to make an equity commitment of €100m to a number of private equity funds and for 25% of Mainstream in 2013. He left Laurence is now chairman at French other companies. the company last year. renewables developer Voltalia, which is backed by Platina Partners; and is Per is senior adviser to MCF Corporate Fintan now works with early- and growth- a non-executive director at the UK Finance in Hamburg; senior advisor to stage renewables frms on business model Green Investment Bank, which was Atrium Partners in Copenhagen; senior development and execution plans lead- formed by the UK government to invest advisor to Apricum CleanTechAdvisory ing to raising capital. These frms cover £3.8bn in renewable energy projects. in Berlin; independent director at Suzlon a range of activities, including wind and Energy; and last month he joined the solar in the US, Europe, the Middle East She is also a non-executive director at supervisory board of German developer and Africa; solar-assisted energy effciency stainless steel company Aperam. PNE Wind. for HVAC/refrigeration and storage; and energy management software. © A Word About Wind, 2015 2015 Top 100 Power People Compiling The Top 100 5 RANKING PROCESS To make the rankings in the Top 100 as credible as possible, and to reduce the level of editorial subjectivity in the table, we went through the following process: 1 January: Started accepting industry nominations. 1 June: Started promotion to attract wide range of nominations. 31 August: Closed to nominations. Started work on longlist. 7 September: Started research on those in last year’s Top 100. 21 September: Sent longlist to judging panel for initial feedback. 14 October: Sent fnal shortlist to panel for views on rankings. 19 October: Made fnal cuts and started ranking. The positions and views in this report are those of our editorial staff, and not necessarily those of the judging panel. Our decisions are fnal. 30 October: Finalised rankings and put report into production. 10 November: Top 100 published. We have made every effort to be comprehensive, and to ensure that profles are accurate and up-to-date at the time of publication. However, if there are important factual inaccuracies that you feel need correction, please get in touch with Richard at [email protected] Te team behind A Word About Wind Adam Barber Managing Director, Tamarindo Group Adam is managing director of the Tamarindo Group, a director of Tamarindo Communications and publisher of A Word About Wind. For the past 13 years he has worked throughout the fnancial services and energy investment space, enabling individuals and companies to build and protect their business and brands. An expert in clean energy corporate communications strategy, Adam has worked in the City across a range of specialisms, including reputation management, PR and stakeholder engagement.