Downing has appointed Magnus Hopstadius as portfolio director within its infrastructure asset management team.
Hopstadius has been recruited to enhance the long-term performance of Downing’s renewable energy assets.
This includes maximising returns, ensuring proper health and safety procedures are in place, capital expenditure investments, and running optimisation projects.
Hopstadius joins from independent renewable energy company RES, where he has worked for 14 years predominantly in Sweden and Norway.
His work there involved wind farms and grid companies, but also solar and storage projects, as well as operations and maintenance services.
Before RES, Hopstadius worked as a project engineer for the construction of a new ‘waste-to-energy’ power plant, including district heating, which consisted of steam generators for electricity production.
He has also worked as an energy consultant helping customers lower their energy usage.
Hopstadius, portfolio director at Downing, said: “I’m excited that the portfolio consists of multiple technologies and a broad range of disciplines.
“The asset management team sits as an integrated function within the overall Downing investment strategy and I’m looking forward to adding my expertise to ensure investors achieve maximum return for their renewable energy investments.”
Danielle Strothers, head of asset management at Downing, added: “Magnus’s expertise will allow us to continue to develop our levels of service to our investors.
“Optimising our assets to their full potential is what makes us stand out as an investment manager, and Magnus’s expertise will significantly contribute towards that.”
