Solarvest Holdings Berhad, a Malaysian clean energy investment holding company, has named Daniel Ruppert as its new Chief Investment Officer, effective July 1, 2024. Ruppert's appointment comes as part of Solarvest's ambitious five-year plan to achieve 1 gigawatt (GW) of clean energy assets through investments across Southeast Asia.
According to Solarvest, Ruppert's extensive experience in investment banking and business management, spanning over 15 years with a focus on technology, media, telecommunications, and energy sectors, positions him well to drive the company's investment strategies and growth initiatives.
“We introduced a strategic roadmap in early 2022 aimed at catalyzing exponential growth in renewable energy,” stated Davis Chong Chun Shiong, Solarvest's Executive Director and Group Chief Executive. “Daniel Ruppert's appointment underscores our commitment to accelerating our leadership in the regional clean energy transition and fostering sustainable growth.”
Ruppert expressed enthusiasm about his new role, emphasizing Solarvest's readiness to expand beyond its current 6.1 gigawatt peak (GWp) solar pipeline into various clean energy infrastructure investments across ASEAN. He highlighted opportunities in solar, wind, hydropower, biogas/biomass, energy storage, energy efficiency, and electric vehicle ecosystems.
“We are at a pivotal moment in Southeast Asia's Energy Transition,” Ruppert commented. “I am privileged to contribute to Solarvest's journey as we diversify and scale our clean energy portfolio. We invite institutional and impact investors to join us in realizing financial returns and advancing sustainable energy solutions.”
Solarvest plans to pursue co-investment alliances, mergers and acquisitions, and joint ventures to bolster its expansion strategy in ASEAN, leveraging its established track record in solar energy to evolve into a comprehensive energy infrastructure player.
