DC Advisory hires senior port and renewables execs

27 November 2018 - 12:00 am UTC

DC Advisory has recruited its first renewables and port specialists, as the infrastructure M&A and debt advisory firm becomes a truly full-service offering, Inframation has learnt.
 

The London-based firm, a subsidiary of Japanese investment bank Daiwa Securities Group, has hired renewables specialist Philippe Sciorella from Greentech Capital Advisors, the US and Zurich-based sustainable energy advisor, as an associate director.
 
It has also recruited renewables expert Nipun Narang as an associate from London-based clean energy fund manager Sustainable Development Capital LLP.
 
DC Advisory, which now has 31 staff led by former Macquarie Capital senior executive Sergio Ronga, to date has advised on adjacent sectors such as biomass, energy from waste and smart meters. These recent hires will allow DC to make further inroads into the broader renewables sector.
 
Sciorella spent three years at Greentech specialising in M&A and strategic advisory mandates in the renewables and energy efficiency sectors. His clients included Paris-headquartered solar power firm Solairedirect and German energy supply business LichtBlick. 
 
Last year, Sciorella advised German investment group Kalorimeta on its takeover of HG Capital’s sub-metering business Qundis.
 
DC Advisory, which has completed over 40 transactions worth some GBP 9.6bn since its launch in 2012, has also recruited port specialist Theo Patramanis from EY, also as an associate director. He worked at EY as a senior manager focused on transport and logistics M&A, particularly in the port sector.
 
His arrival takes place amidst burgeoning M&A activity in the port sector. Arcus last month sold its stake in Forth Ports, while Macquarie is currently selling its stake in DCT Gdansk. DC Advisory is believed to be acting for a potential bidder on Euroports, the dry bulk port business being sold by Brookfield, Arcus and Antin.
 
In 2016, Patramanis advised DP World on its successful bid for a 25-year concession to operate a multi-purpose terminal in Limassol, and also Maersk’s sale of its UK container and logistics business, Pentalver, to US rail and intermodal group Genesee & Wyoming. He started his career as a project finance and M&A advisor at UniCredit, where he advised on Limak’s acquisition of Iskenderun Port.
 
DC Advisory in recent weeks has also hired EY infrastructure corporate finance expert Kim Rose as an associate.

 

Read more