Climate Changed

Investec Hires Banker to Oversee Americas Clean-Tech Deals

Solar panels stand on the roof of a new IKEA store in Miami, Florida, U.S., on Tuesday, May 20, 2014. IKEA US is currently the second largest private commercial user and owner of solar panels and is in the midst of investing $150 million in Photovoltaic systems, according to the company web site.
Photographer: Christina Mendenhall/Bloomberg

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By Brian Eckhouse

December 18, 2017 at 7:07 PM UTC

This article is for subscribers only.

Investec Plc, the South African bank that’s carved out a leading role financing U.S. rooftop solar, hired a former Varagon Capital Partners banker to oversee Americas clean-tech deals, according to people familiar with the matter.

Ren Plastina, a former partner at Varagon Capital Partners, began at Investec Monday and reports to Ralph Cho and Michael Pantelogianis, co-heads of power & infrastructure in the Americas, according to the people, who asked not to be identified because they’re not authorized to discuss the hire publicly. Plastina’s LinkedIn page already shows him working at Investec, in New York. A spokesman for Investec didn’t immediately return an email seeking comment Monday.