Rabobank announced key new hires on its renewable energy team to help fuel the bank’s broader growth and sustainability strategy in North America.
Building on its 20-year track record in renewable energy, primarily focused on project finance, Rabobank is expanding the team to include new senior bankers and its first RaboResearch analysts dedicated to the energy transition movement. These recent personnel moves are part of a larger effort to expand the number of energy transition specialists across all of the bank’s business lines. With 30 professionals now focused on the energy transition, Rabobank has one of the largest clean energy financing teams in North America.
“We are creating a center of excellence exclusively focused on financing the energy transition,” said Rabobank’s Greg Hutton, head of project finance and energy transition strategy in North America. “Accelerating the shift toward cleaner energy sources around the world is a critical component of our growth strategy.”
Funding the development, construction and ownership of renewable energy assets has baked sustainability into our business and set the stage for the next phase of Rabobank’s growth strategy—banking the entire renewable energy value chain.
“Armed with a deeper lineup of experienced bankers and analysts dedicated to clean energy, as well as robust efforts to expand our client base and offer a wider range of products, we look to become one of the most dominant players in the energy transition field in the next five years,” Hutton said.
Among the new banking hires, Joshua Dale, managing director and head of energy transition coverage for North America, is a 20-year veteran in financial services with 14 years of experience in project finance. Jon Castaldo, managing director, energy transition coverage for North America, has more than 20 years of experience across corporate finance, structured credit, real assets, project finance and tax equity. These long-tenured bankers are focused on providing financing options and developing new products for companies in the renewable energy value chain, existing Rabobank clients and the broader sustainability sector.
In research, Nina Fahy, executive director and senior energy transition analyst for RaboResearch, brings 15 years of experience leading research and analytics teams focused on energy markets in North America. Amit Mathrani, energy transition specialist for RaboResearch, has eight years of experience in management consulting for large utility companies, where he created roadmaps for an affordable clean energy transition. Together, they will provide timely, cutting-edge research on the energy transition and share their deep sector knowledge with our clients. That includes assessing the impact of public policy and technology on the speed and scope of the transition.