Ivor Catto is stepping down as group chief executive from RES, after five years at the independent renewable energy company.
Catto (pictured) will be succeeded by Eduardo Medina, who will officially take up his new executive position at RES from 1 November, following a handover in October.
Under Catto’s leadership RES has more than doubled the global portfolio of renewable projects that it has developed and/or constructed, to 22GW.
The number of operational projects that RES now supports through its asset management and operations and maintenance (O&M) services stands at over 7.5GW.
Medina joins RES from his previous role as president of Vestas in North America.
He has previously held executive and senior positions at SunPower, Acciona Energia, GE and Gamesa.
Catto said: “Whilst I am sad to be leaving RES and its incredibly talented and passionate team of people, it feels the right time for me personally to hand over the baton.
“Eduardo brings with him a huge breadth of renewable industry experience, which will benefit RES as it continues to grow in its strong multi-national market positions.”
RES chair Gavin McAlpine said: “Ivor’s contribution to RES has been exceptional.
“We would like to thank him for his huge contribution, not just for leading RES and achieving significant results for the company, but his contribution to the growth of the renewables sector.
“I would like to personally wish him all the best as he steps away from executive roles and welcome Eduardo to the team.”
Medina said he aims to build on Catto’s growth of the global business, with a particular focus on forging ahead with RES’ development activities and expanding its international support services offering.
“There is a clear opportunity to consolidate our position as a leading asset manager and O&M provider, plus, capitalise on the significant market opportunities in our business geographies.
“RES has such a unique culture, heritage and people, I am very much looking forward to taking up the position,” Medina said.
Medina will join RES’ board alongside existing members, including Marco Perona, who leads RES’ support services business and Rachel Ruffle, who leads development and construction in EMEA.