Renewable energy (RE) player Nexif Ratch Energy Investments Pte Ltd (Nexif Ratch) announced the appointment of Cyril Dissescou as its chief executive officer.
In a statement today (Jan 11), the leading owner, operator and developer of clean-energy power projects in the Asia Pacific region said Cyril takes over from Matthew Bartley who stepped in as interim CEO to establish Nexif Ratch Energy during its first year.
“Bartley will continue to be a member of the company’s board and its execution committees,” the company said.
Nexif Ratch Energy chairman Surender Singh expressed his pleasure to welcome Dissescou as the new CEO.
“With his distinguished career in investment banking leading BNP Paribas’ energy transition advisory team in Asia Pacific, he brings great expertise to the firm as we continue on to our next phase of development.
“I thank Matt (Bartley) for leading Nexif Ratch Energy in its formative year and helping set it up on a firm footing,” he said.
Before joining Nexif Ratch Energy, the company said Dissescou served as a leading European bank BNP Paribas managing director.
“In his role within the BNP Paribas’ Low Carbon Transition Group (LCTG), he played a key role in originating and executing strategic merger & acquisition (M&A) and capital raising transactions in the renewables, energy infrastructure, and transition metals sectors across Asia Pacific.
“Besides that, Dissescou brings a wealth of expertise in the energy and natural resources sectors, with over 20 years of experience as an investment banker, including 15 years based in Singapore.
“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,” it said.
The company added Dissescou 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).
“We look forward to accelerated development and growth under his leadership as its CEO. The board and shareholders will provide strategic directions and support for key initiatives,” it said.
Headquartered in Singapore, Nexif Ratch Energy is a joint venture between Nexif Energy (Singapore) and Ratch Group (Thailand), with ownership stakes of 51% and 49%, respectively.
The company specializes in the ownership and operation of a portfolio of hydro, solar, wind, and battery storage energy assets.
Currently, its portfolio has a combined capacity of 4GW in operation, construction, and development across key markets in the Asia-Pacific region, including Vietnam, the Philippines, Australia, and Thailand.