Berlin, June 19, 2018 – Apricum, a transaction advisory and strategy consulting firm specialized in renewable energy and cleantech, announces the appointment of Duncan Ritchie as partner. He will lead Apricum’s project advisory practice and expand its scope to address new industry sectors and geographies.
With extensive investment banking and financial expertise and experience in Asia and Oceania, Mr. Ritchie will spearhead Apricum’s planned strategic expansion of its activities in project advisory, the water, waste management and built environment sectors, and the geographies of Southeast Asia, Australia-Oceania, sub-Saharan Africa and MENA.
“We are entering a new era of renewable energy, with projects no longer relying on government subsidies but being able to compete with conventional power directly. However, these project situations are much more complex than before and require sophisticated advisory solutions. With Duncan’s appointment, we see significant opportunities for Apricum to address the emerging needs of our clients in the financial, commercial and technical structuring of renewable-energy transactions,” said Nikolai Dobrott, Apricum’s founder and managing partner. “Furthermore, we will be able to offer our detailed technical and commercial understanding of cleantech across more sectors and new geographic markets. We are very excited to have someone of Duncan’s caliber joining our team and look forward to working with him.”
“Apricum has an excellent reputation and impressive track record in the cleantech and renewable space. This singular focus on addressing climate change through sustainable energy and resource solutions is strongly aligned with my values. I’m really looking forward to leading Apricum’s project advisory practice and further developing its expert advisory services for clients around the world,” said Duncan Ritchie.
Mr. Ritchie joins existing Apricum partners Nikolai Dobrott, Florian Haacke, Dr. Moritz Borgmann and Florian Mayr.
Mr. Ritchie has over 25 years’ experience in investment banking, finance and project development in the energy and infrastructure sectors. During his career Mr. Ritchie has advised private clients, funds, governments and multilateral and bilateral development agencies on infrastructure development strategies, procurement and risk management, including under Public-Private Partnership investment models.
About Duncan Ritchie
Before joining Apricum, Duncan Ritchie was head of power & renewables within the Asian Investment Banking Division at Bank of Tokyo-Mitsubishi UFJ Ltd (BTMU). Prior to that, he was the CEO of Aequero, a boutique advisory firm. He has also held senior project, structured finance and advisory roles with ANZ Investment Bank and Société Générale. Duncan holds a bachelor of commerce degree from the University of Western Australia. He is a fellow of the Institute of Managers and Leaders (Australia | New Zealand) and a graduate and member of the Australian Institute of Company Directors.
Apricum – The Cleantech Advisory is a transaction advisory and strategy consulting firm specialized in the cleantech and renewable energy space. Apricum’s team combines decades of experience in industry, corporate finance and project finance, with an in-depth understanding of renewable-energy market dynamics. Apricum has an extensive global network among equity and debt investors, providing expertise and support to close the most favorable transactions. Apricum is headquartered in Berlin with representative offices in the UK, Turkey, Saudi Arabia, the United Arab Emirates, India, China, South Korea, Japan, Indonesia, the Philippines, Thailand, USA, Mexico, Brazil and Argentina.
Cate Holtz, manager marketing and communications
Telephone + 49 30 30 877 6236
Apricum – The Cleantech Advisory
Spittelmarkt 12, 10117 Berlin, Germany