February 26 (Renewables Now) - Singapore-based Equis Energy on Monday announced the appointment of Nitin Apte as chief executive.
Equis describes itself as the largest renewable energy independent power producer (IPP) in Asia-Pacific with over 11 GW of assets in operation, construction and development. It was recently acquired by investors led by Global Infrastructure Partners (GIP) in a USD-5-billion (EUR 4.1bn) deal.
Apte previously was president and chief executive of specialty materials company Materia. Before that, he worked at Saudi Arabia's SABIC (TADAWUL:2010) and General Electric (NYSE:GE).
"With over 25 years of multinational management and operations experience, Nitin is the right person to lead Equis Energy into the next phase of its growth, and we expect that under his direction the Equis Energy success story will continue," said Equis' board chairman Raj Rao.
(USD 1 = EUR 0.810)