Trafigura & IFM’s RE Joint Venture Appoints New CEO

Trafigura and IFM Investors have picked Jasandra Nyker (in the picture) to lead their renewable energy joint venture Nala Renewables that was set up with a initial mandate to develop 2 GW capacity globally. (Photo Credit: Nala Renewables)
Trafigura and IFM Investors have picked Jasandra Nyker (in the picture) to lead their renewable energy joint venture Nala Renewables that was set up with a initial mandate to develop 2 GW capacity globally. (Photo Credit: Nala Renewables)
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  • Jasandra Nyker has been announced as the new CEO of Switzerland headquartered Nala Renewables
  • She has over 20 years of experience in the global renewables and clean energy industry
  • Before joining Nala Renewables, Nyker worked with Denham Capital Management and BioTherm Energy

Geneva, Switzerland based renewable energy company Nala Renewables has got a new leader as the company's Chief Executive Officer (CEO) in the form of Jasandra Nyker who brings to the table more than 20 years of experience in renewable energy and clean energy industry. She has assumed her new position from April 1, 2021.

Nyker was previously based out of London where she was the managing director of Denham Capital Management and responsible for investing in and overseeing renewable energy projects in Latin America, South East Asia and Africa. Before that, she worked as the CEO of Africa based independent power producer (IPP) BioTherm Energy with a focus on the development of solar and wind assets. BioTherm Energy was acquired by emerging markets investment fund Actis.

A joint venture between Spanish oil and commodity trading firm Trafigura and Australian institutional fund manager IFM Investors, Nala Renewables was launched in September 2020 to develop a renewable energy portfolio of 2 GW under construction, operational or in late stage development solar, onshore wind and power storage projects globally by 2025.

Recently, the company along with Buckeye Partners announced their decision to jointly acquire majority ownership of Swift Current Energy in the US that touts 1.1 GW of commercially online capacity and has more than 6 GW of solar, wind and energy storage projects (see North America PV Snippets: Clearway, Wells, Morgan, Swift).

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