Gresham House has hired Lefteris Strakosias as investment director within its new energy team.
Reporting to Ben Guest, managing director and head of new energy, Strakosias (pictured) will be responsible for sourcing and executing energy storage investment opportunities, particularly for Gresham House Energy Storage Fund (GRID).
Strakosias brings more than 15 years’ experience in infrastructure and renewable energy investments, having held principal investment and advisory roles with Maple Power, National Pension Service, Macquarie Group and Société Générale.
His renewable energy specialism ranges across sectors including solar energy, onshore and offshore wind, anaerobic digestion and hydroelectric power.
GRID aims to achieve operational capacity of 1GW in 2023, representing an increase of 80% since the end of 2022.
Gresham House also recently received commitments of £140m from UK Infrastructure Bank and Centrica for its newly launched Gresham House Secure Income Renewable Energy & Storage LP (SIRES), which will focus on developing projects which collocate solar powered generation and battery energy storage facilities.
Strakosias said: “In recent years, Gresham House’s New Energy team has established itself as a leader in deploying and managing energy storage assets, which have a vital role to play as the transition to net zero unfolds.
“There are many compelling opportunities for Gresham House to grow its capacity and capabilities in this asset class. I am excited to be working with such a talented team to source and execute these exciting investment opportunities for institutional, wholesale and retail investors.”