Thompson takes over from Founder Heavey, Tullow Oil
. Thompson (57) brings extensive experience to Tullow having served for 12 years as CEO of Drax Group plc, the international power and energy trading company, until the end of 2017. Before joining Drax, Thompson managed InterGen’s European power business, was head of project finance at PowerGen and worked at CDC Capital Partners, the private sector arm of the British Government’s aid programme. Thompson has extensive emerging markets experience including a period working in the Commercial and Industrial division of the Bank of Botswana. Thompson
Redfern Joins RCG
and maintenance. Prior to joining RCG, he was Head of Operated Joint Ventures at Centrica, a top 30 FTSE 100 UK utility and was part of the team that developed, constructed and operated many of the UK’s offshore wind farms. Redfern led on the technical aspects of some of the first project finance deals in the UK offshore wind sector. He was Project Director and Board Director on several developments, in construction and operating assets in partnership with other leading offshore wind players (DONG, EIG and Siemens Project Ventures) and was the chairman of a large UK offshore wind Joint
Ince Law Alliance Bolsters Singapore Team
in Ince Law Alliance’s corporate practice. Over the past two years, the team has advised on the Singapore law aspects of a number of high profile transactions. This includes advising the lenders on the BW Pavilion LNG financing, which was recognised as Marine Money Deal of the Year (Project Finance East), and advising Oro Negro as issuer of the largest high yield bond (US$725million) ever issued in the Norwegian market, recognized by Marine Money Offshore as the Norwegian Bond Deal of the Year Award.
Fitch Ratings Appoints Head of EMEA Infrastructure Group
Fitch Ratings today announced the appointment of Ian Dixon as Managing Director and Analytical Head of the EMEA Infrastructure & Project Finance Group. Dixon will join Fitch Ratings on February 10, based in London. In this role, Dixon will oversee ratings coverage of the energy, transportation, social infrastructure and whole business securitization sectors. He will report to Olivier Delfour, Global Head of Fitch's Infrastructure & Project Finance Group. The Infrastructure & Project Finance Group is responsible for providing credit ratings and research for debt
Pearson Signs on with RCG
and financial services firms and other corporations on matters relating to wind, marine and solar energy. With more than 16 years’ experience in renewable energy development, financing and construction both in the U.K. and overseas, Pearson brings technical understanding and commercial project finance experience to the team. Pearson was most recently a member of the executive management team at Atlantis Resources, and Chief Executive Officer of MeyGen Limited—the project company developing the World’s largest Tidal Energy Array, the up to 400MW Inner Sound project. The project
NewLead Takes Delivery of Eco-Type Handysize Vessel
. The company financed the Newlead Albion through a combination of cash and external financing. Specifically, in March 2014, NewLead paid a deposit of $1.85 million in cash, and the remaining balance was paid through the combination of cash and 75% financing in a transaction arranged by Pareto Project Finance AS and supported by strong institutional investors. Mr. Michael Zolotas, Chairman and Chief Executive Officer of NewLead, stated, "We are pleased to announce the delivery of the Newlead Albion, the first vessel to be added to our fleet after our successful restructuring. To receive delivery
