Impax Asset Management  announced last week three hires in its Private Equity Infrastructure team. Impax is one of the longest established private equity infrastructure fund managers in the large and rapidly growing renewable energy sector.

Within private equity infrastructure, the firm manages two funds that follow an industrially focused, value-add "buy, build and sell" strategy, investing in renewable power generation and related assets. Its latest fund, a €330 million investment fund that achieved final close in 2011, is now close to 75% invested.

Peter Rossbach, Managing Director of the Private Equity Infrastructure team commented:

"We are delighted to announce these appointments which bring a broad range of analytic experience and expert support to strengthen the team. In particular, we are strengthening our asset management capabilities and adding to our project assessment and transaction skills."

Babaola Omiyale - Investment Manager

Babaola joins from the Energy and Power team at Rothschild's investment banking team where he worked on a number of renewable energy and infrastructure transactions since joining the firm in 2011. Babaola has a BSc in Economics from the University of Warwick and an MSc in Banking and International Finance from Cass Business School.

Lewis Haffey - Investment Analyst

Lewis joined Impax from Clean World Capital, a renewable energy investment advisory boutique based in London, where he worked primarily on wind energy transactions in Finland and Sweden, and bioenergy mandates in the UK and northern Europe. Lewis started his career as an equity derivatives trader at Liquid Capital Markets. He has a BSc in Economics from University College, London and an MSc in Metals and Energy Finance from Imperial College London.

Aaron Donoghue - Engineering and Project Operations Consultant

Aaron has extensive experience of development, construction, operations and asset management of wind and solar projects in the EU, Australia and New Zealand. He has worked for industry leaders including RES and Vestas and was Vice-President Technical at Rengen Energy. He holds a degree in Agricultural Engineering from Massey University in New Zealand.