Investment manager Downing has appointed renewable energy expert Gareth Miller to chair its Energy Market Risk Committee (EMRC) as it continues to expand in the sector.
Downing’s EMRC sets the framework for how it manages power price and volume risk across the six energy markets it is active in and also provides guidelines for the management of foreign exchange risk positions.
Gareth Miller brings extensive experience and expertise in the energy markets from a 20-plus year career, most recently as CEO at market leading energy consultancy Cornwall Insight. Prior to Cornwall Insight he was an energy policy maker in central Government during a period of major market reform, and also ran a highly successful renewable energy project finance team at Barclays.
Tom Williams, Partner and Head of Energy and Infrastructure at Downing said: “Gareth’s background at Cornwall Insight and in energy policy makes him the ideal candidate to chair the EMRC at an important time in Downing’s continued expansion in the sector.
Gareth Miller added: ”Downing has a strong track record in renewable energy as an active investor across the sector and I look forward to supporting its continued growth.”
Downing has more than 60 professionals dedicated to renewable energy and infrastructure and a proven track record in renewables. Since 2010, Downing has made over 190 investments in the core renewables space.