13 November 2013
Terra Firma appoints Ingmar Wilhelm as Financial Managing Director
Terra Firma is pleased to announce the appointment of Ingmar Wilhelm as Financial Managing Director. Ingmar will join Terra Firma’s dedicated renewable energy investment team at the beginning of January.
This announcement follows the appointment of Stefan Thiele as Operational Managing Director earlier this year, and further builds on the team’s industry-leading expertise and track record.
Over the past decade, Terra Firma’s renewable energy infrastructure team has led the growth of the asset class and completed 18 transactions with an aggregate enterprise value of nearly $3.2 billion (€2.5 billion). In doing so, it has built three utility-scale businesses that, at the end of 2012, had an aggregate installed capacity of 1.4 GW.
Ingmar joins Terra Firma from Enel Green Power, where he was Executive Vice President, Head of Business Development. He was directly responsible for a worldwide project pipeline of c. 30GW and a global team of 180 people, heading a key function which supported the company’s current business plan providing for c. €6 billion capex. Ingmar arrived at the Enel Group in 2003, where he was responsible for the origination and trading of power in Europe. From 2006 onwards, he managed the company’s growth strategy and client base on the free market for power and gas supply in Italy. Prior to his time at Enel, Ingmar worked with two large utilities based in Germany and in France.
Commenting on the appointment, Guy Hands, Chairman and Chief Investment Officer of Terra Firma, said:
“We are delighted to welcome Ingmar to our leading renewable energy investment team. His appointment further strengthens Terra Firma’s capabilities in renewable energy infrastructure, which cannot be matched by any other firm. Ingmar will provide senior support to the team, who will benefit enormously from his management expertise and substantial sector experience.”
Damian Darragh, Financial Managing Director at Terra Firma, said:
“I am delighted that Ingmar is joining Terra Firma to work alongside me and the rest of the team. We have long had a great respect for Ingmar’s commercial acumen and achievements in the sector and it is a significant compliment to Terra Firma’s renewable energy franchise that we are able to bring his talent into our organisation.”
Ingmar Wilhelm, said:
“I am thrilled to be joining the extraordinary team and growing renewable energy business at Terra Firma. The firm is a global leader in renewable energy investment and I look forward to propelling Terra Firma towards even greater success and building a unique franchise in our industry.”