Renewables financial advice consultancy Augusta and Co has appointed a new managing director.
In the role Romane Guitard will be responsible for expanding Augusta’s advisory and deal making capability in the French market.
According to Augusta Guitard will also reinforce the group’s debt advisory offering across Europe, further consolidating the company’s “unique holistic approach to mergers and acquisitions advisory in renewables”.
Augusta has been investing in its ability to source power purchase agreements across Europe and to bring together “competitive” debt packages.
The company said it has the capacity to “concomitantly source and optimise equity, debt and offtake”, a key advantage in “maximising” transaction value.
Previously Guitard worked Societe Generale and subsequently at Rio Tinto, where she developed “deep experience” in advising boards and management teams on their capital structure, debt financing strategies and merchant risk management.
Guitard said: “With subsidies fading away, investors in the renewables sector are being pushed to enter into corporate PPAs or find ways to take on more price risk.
“These are matters that have been dealt with in the commodities space for decades. I am excited to work with Augusta to support investors and lenders to adjust to this new environment and use the lessons learnt in commodities to help shape the future of the renewables industry.”
Augusta partner James Knight added, “We are very pleased to have Romane on board. Her senior market-specific expertise and deep financing knowledge will further our ability to deliver market leading advice to our clients, cement our commitment to the French market and help deliver renewable energy projects in this new post-subsidy market environment.”