LONDON - Greencoat UK Wind PLC, the renewable infrastructure fund invested in UK wind farms, has announced the appointment of Taraneh Azad as a Non-Executive Director. The company confirmed that Azad, who brings 25 years of experience in finance and energy, will officially join the board on February 1, 2025.
Azad's career includes high-level roles at prominent financial institutions such as Goldman Sachs and Morgan Stanley (NYSE:MS), as well as energy-sector experience with Hartree Partners and TXU Europe. Currently, she holds the position of Partner and Chief Investment Officer at Systemiq, where she focuses on sustainability and advising on energy transition in Europe and the Middle East.
Lucinda Riches, Chairman of Greencoat UK Wind, expressed confidence in the new appointment, stating, "Her deep experience in global energy markets and strategic insight into sustainability and energy transition complement the skillset of our current Board."
The company has not indicated that any additional disclosures are necessary under UK Listing Rules in relation to Azad's appointment. This move is part of the company's ongoing strategy to strengthen its board by incorporating expertise that aligns with the evolving energy market and the company's focus on sustainability.
The information regarding this appointment is based on a press release statement provided by RNS, the news service of the London Stock Exchange (LON:LSEG). Greencoat UK Wind PLC is a leading investment company specializing in wind power, aiming to provide shareholders with a sustainable dividend that increases in line with RPI inflation while preserving the capital value of its investment portfolio.
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