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Lisarb Energy appoints finance duo to accelerate growth plans

London, UK, and Rio de Janeiro, Brazil 14 October 2020 – Lisarb Energy, one of Brazil’s fastest growing solar developers, has appointed two new finance directors. Ricardo Moreira Gonçalves will look after Lisarb’s financial interests in Brazil, while Sue Taylor-Jago will operate from the firm’s UK offices in London and Devon.

Ricardo has held senior accounting and tax appointments in the environmental and energy sectors, most recently at multinational Électricité de France (renewable energy). Ricardo has a deep understanding of the tax system in Brazil and experience of raising debt finance in the Brazilian markets; skills that will facilitate Lisarb’s growth strategy across the country. He holds an MBA in international accounting from the Universidade Candido Mendes.

Sue has over thirty years’ experience managing company finances across a range of sectors in the UK. Most recently she worked as a member of the senior leadership group for a multimillion-pound turnover food services business where she managed a team responsible for all aspects of the company’s finances.

“We’re delighted to welcome Sue and Ricardo to the Lisarb team,” said Jamie MacDonald-Murray, chairman, Lisarb Energy. “The success of our business depends on growing our strong financial position and these appointments will ensure we achieve that aim.”

The burgeoning market for solar energy in Brazil is driven by the need to replace ageing hydropower infrastructure and rising corporate demand for access to stable power prices through PPAs. Lisarb Energy’s partnerships with some of the world’s biggest green financiers and institutions in London enable it to satisfy growing demand from off-takers by moving quickly from project identification to construction.

 

Lisarb Energy is one of Brazil’s fastest growing solar developers. In eighteen months, the company has expanded its portfolio by 50x – from 50MW to 3GW.

Lisarb Energy develops high-quality, high-yielding solar parks in Brazil using green energy finance raised in London. As well as financing solar park projects, the company acquires sites, constructs and operates them, ensuring a complete end-to-end solution. Lisarb balances profit with purpose and reinvests 1% of its profits into environmental and social projects that benefit the local communities nearest its solar schemes.

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