Modern Energy Management (MEM), a specialist in delivering project lifecycle certainty to renewable energy developers, financiers and investors, has appointed Kyle Katoski as head of project origination for South-East Asia.With extensive experience across Asia, Katoski (pictured) will lead business development from the firm’s Singapore headquarters.
The appointment comes as MEM prepares for growth in 2017. In particular, the firm will be looking to Pakistan, Vietnam and Myanmar as three of its key markets in the coming year, while continuing to build on its project development heritage in Thailand. Pakistan is set to more than triple the number of operational wind farms in the country by 2018, while Vietnam aims to generate 10 per cent of its total power capacity from renewable sources by 2030.
Working in these markets to turn around projects and bring them to an investment grade standard, Katoski will play a key role in supporting project investors to select developments that significantly enhance their internal rate of return.
“Kyle’s wealth of experience in the region will be invaluable to MEM’s work in the emerging markets,” says Aaron Daniels, managing director at MEM. “As the opportunities for developing renewables in these markets proliferate, MEM continues to invest in our project team in order to keep pace with demand.
“For the past five years Kyle has been developing business and working directly with clients in many of our primary markets, and he’ll be a valuable asset to help us further our own growth, and to promote growth of renewables across South-East Asia.”
Prior to joining MEM, Katoski served as the ASEAN Head and in-house counsel at 5 Capitals, an environment and management consultancy, based in Dubai.
At 5 Capitals, Katoski led the company’s regional growth strategy to build partnerships with stakeholders by helping them to overcome structural challenges to sustainable growth in the country, most notably by mitigating E&S risks and liabilities for project development.
Katoski says: “MEM offers a unique proposition to clean energy development in regional emerging markets. The team’s understanding of financial project risk means it’s in an excellent strategic position to work with investors and to deliver returns that most wouldn’t think are possible in these countries. I look forward to working with MEM’s growing team on new projects in the region.”
About Modern Energy Management
Modern Energy Management (MEM) delivers project lifecycle certainty to renewable energy financiers, developers, operators and investors working in rapidly expanding emerging markets.
The firm’s team of project managers, consultants and engineers enable financiers and investors to successfully develop, construct and deliver complex, profitable projects in remote, rapidly expanding international markets.
MEM established its corporate offices in Thailand in 2013, and has since registered in Singapore to accommodate its growing international project pipeline. MEM is currently managing wind, solar and a number of other renewable energy initiatives in the developing markets of South East and Central Asia, Latin America and Africa.