Macquarie Capital has hired Simon Wilde, an RBS investment banker who has advised on large-scale electricity acquisitions in Europe, to head the firm’s European Power and Utilities investment banking team.
At RBS, Wilde served as co-head of Energy & Resources for Europe, the Middle East and Africa. Wilde advised on deals including Iberdrola’s £11 billion acquisition of Scottish Power in 2007; the €1.1 billion acquisition of E.ON’s German electricity grid by Dutch state-owned operator TenneT; and GDF Suez’s sale of its stake in Belgian gas operator Fluxys, according to a statement.
Wilde also advised Hong Kong-based Cheung Kong Infrastructure on its £5.8 billion bid to acquire the UK electricity distribution networks of French utility EDF. Macquarie was among the rival bidders for EDF’s networks, but Cheung Kong ultimately submitted the winning bid.
Wilde will join Macquarie on 16 May. He will report to Daniel Wong, head of the 60-person European Infrastructure and Utilities team at Macquarie.
Graeme Conway, head of Macquarie Capital Advisers in Europe, said in a statement that Wilde’s hire is a “testament to the progress we’re making in building our European advisory business”.
The firm's other recent investment banking hires have included Michael Tarrant, who left Rothschild to head up Macquarie's European industrials group, as well as Marc Middleton and Rainer Langel who joined the group as vice chairman and head of Germany, respectively.
Middleton joined from UK state agency Shareholder Executive while Langel joined Macquarie from investment bank Lazard.