Solarvest appoints Daniel Ruppert as chief investment officer to drive investment strategies 

  • Appointment reaffirms Solarvest’s commitment to its clean energy investment roadmap
  • Has 15+ years in investment banking and business management across multiple industries

Executive director and group CEO of Solarvest, Davis Chong (left) & Daniel Ruppert, chief investment officer, Solarvest

Regional clean energy expert Solarvest Holdings Berhad announced the appointment of  Daniel Ruppert as its chief investment officer, effective 1 July 2024.

In a statement, the company said this appointment reaffirms its commitment 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 CEO of Solarvest, Davis Chong Chun Shiong, said, “In early 2022, we introduced a five-year strategic roadmap with an overarching goal to spark exponential growth in the renewable energy industry through EPCC, asset ownership, and the development of a clean energy ecosystem. To accelerate this mission, we are delighted to welcome Daniel Ruppert. He 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, Ruppert is a valuable addition to our team, poised to lead our investment initiatives.”

Ruppert brings over 15 years of experience in investment banking and business management, with a notable track record in the Technology, Media, Telecommunications, and energy sectors. His expertise will be instrumental in driving Solarvest’s investment strategies and accelerating its growth trajectory.

“We are in a very exciting period where the energy transition propels fundamental progress in Southeast Asia and  am honoured to be a part of Solarvest, playing a role in driving this change. We  intend 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,” Ruppert said. 

He added that Solarvest 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,” he said.

Ruppert’s new 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 the EV ecosystem.

 

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