Kuala Lumpur, 10 July 2024 – Regional clean energy expert, Solarvest Holdings Berhad (“Solarvest” or the “Group”) has today announced the appointment of Mr. Daniel Ruppert as its Chief Investment Officer, effective 01 July 2024.
This appointment reaffirms the Group’s dedication to advancing its investment roadmap in the clean energy sector, both geographically and vertically. As part of its five-year plan, Solarvest aims to achieve 1GW of clean energy assets through greenfield and brownfield investments across Southeast Asia. This strategic appointment is expected to accelerate the Group’s overseas business expansion, further strengthen Solarvest’s position as a leading clean energy player, and drive innovation in sustainable solutions.
Executive Director and Group Chief Executive Officer of Solarvest, Mr. Davis Chong Chun Shiong (张俊雄) said, “In early 2022, we’ve introduced a 5-year strategic roadmap with an overarching goal to spark exponential growth in the renewable energy industry through EPCC, asset ownership, and the development of clean energy ecosystem. To accelerate this mission, we are delighted to welcome Mr. Daniel Ruppert as our new Chief Investment Officer. Daniel will play a major role in accelerating Solarvest’s mission to lead the clean energy transition regionally and to deliver sustainable growth across various verticals. With his deep knowledge and active involvement in the sustainable energy industry, he is a valuable addition to our team, poised to lead our investment initiatives.”
Mr. Ruppert brings over 15 years of experience in investment banking and business management, with a notable track record in the Technology, Media, and Telecommunications (“TMT”) and energy sectors. His expertise will be instrumental in driving Solarvest’s investment strategies and accelerating its growth trajectory.
Newly appointed Chief Investment Officer, Mr. Daniel Ruppert said, “We are in a very exciting period where the Energy Transition propels fundamental progress in Southeast Asia. I am honoured to be a part of Solarvest, playing a role in driving this change. We are intending to diversify beyond our current solar pipeline of 6.1 GWp with various clean energy infrastructure investments. For our investment strategy, we will be welcoming institutional and impact investors to join our expansion journey and participate in the financial returns. We will also pursue co-investment alliances, mergers and acquisitions, and joint ventures. With the Group’s proven track record in solar, Solarvest is ready to evolve into a broader energy infrastructure player in ASEAN.”
As Chief Investment Officer, Mr. Daniel Ruppert’s role includes clean energy asset acquisitions, portfolio management, risk management, and strategic capital allocation. He is currently looking for immediate investment opportunities for various clean energy technologies across the ASEAN region. This encompasses solar, wind, hydropower, biogas/biomass, energy storage, energy efficiency and EV ecosystem.