Jasandra Nyker appointed as Chief Executive Officer for Nala Renewables

Jasandra Nyker has been appointed as Chief Executive Officer (CEO) for Nala Renewables, a renewable energy company focused on investments in solar, onshore wind and power storage projects globally.

Assuming her position from 1 April 2021, Jasandra brings over 20 years’ experience in renewable and clean energy, both from a development and an investment and acquisition perspective.

Before joining Nala Renewables, Jasandra was Managing Director at Denham Capital Management in London, where she was involved in investing in and overseeing renewable power projects in Latin America, South East Asia and Africa. Prior to this, she spent eight years as CEO of BioTherm Energy, an African Independent Power Producer, which she built into a leading pan-African investment platform focused on the development of wind and solar assets. Under her leadership, BioTherm Energy grew rapidly and became a leader in the market, building a number of the first wind and solar energy projects in South Africa. In 2019, BioTherm Energy was acquired by Actis, a leading global emerging markets investment fund.

Established in September 2020, Nala Renewables has a short-term target to build a portfolio of renewable energy projects with a cumulative capacity of over two gigawatts. The portfolio will comprise of projects in construction, in late stage development or in operation.

ENDS


For further information, please contact:
Nala Renewables Press Office: +41 (0) 22 592 4528 or media@nalarenewables.com

Notes to editors

About Nala Renewables
Nala Renewables was formed in 2020 by Trafigura, one of the world’s leading independent commodity trading companies and global investment management firm IFM Investors, with the intention to invest in solar, onshore wind and power storage projects globally. Over the next five years, Nala Renewables aims to build a portfolio with total generation capacity of two gigawatts from renewable sources. This will avoid up to two million tCO2e in greenhouse gas emissions when compared with fossil fuel-based energy sources for electricity.

For more information, please visit: www.nalarenewables.com

About IFM Investors
IFM Investors is a global investment management firm with USD108 billion in funds under management on behalf of 470 institutional investors, across four asset classes: infrastructure, private equity, debt and listed equities. IFM’s global infrastructure team comprises more than 100 investment professionals located in North America, Europe, Asia and Australia who have extensive transactional, portfolio management, financial and operational expertise. IFM manages over USD44 billion in infrastructure equity globally and the firm is one of the largest infrastructure managers in the world.

For more information, please visit: www.ifminvestors.com

About Trafigura
Founded in 1993, Trafigura is one of the largest physical commodities trading groups in the world. Trafigura sources, stores, transports and delivers a range of raw materials (including oil and refined products and metals and minerals) to clients around the world and has recently established a power and renewables trading division.
The trading business is supported by industrial and financial assets, including a majority ownership of global zinc and lead producer Nyrstar which has mining, smelting and other operations located in Europe, Americas and Australia; a significant shareholding in global oil products storage and distribution company Puma Energy; global terminals, warehousing and logistics operator Impala Terminals; Trafigura's Mining Group; and Galena Asset Management. With circa 850 shareholders, Trafigura is owned by its employees. Over 8,500 employees work in 48 countries around the world. Trafigura has achieved substantial growth over recent years, growing revenue from USD12 billion in 2003 to USD147 billion in 2020. The Group has been connecting its customers to the global economy for more than two decades, growing prosperity by advancing trade.

For more information, please visit: www.trafigura.com