SUSI Partners, the Swiss investment firm, has added two senior staff as it looks to bolster its renewables and energy storage teams.
The company has appointed Francisco Feito to head its renewable energy investment unit. Feito was previously a senior investment professional in BlackRock’s energy and infrastructure team, a position he had held since 2011. He is also a former associate banker at the European Bank for Reconstruction and Development.
Feito will be tasked with the continued deployment of SUSI’s second renewable energy fund, which reached a €380 million close in October last year. The vehicle has invested approximately €140 million so far.
SUSI has also hired Gustavo Coito as a senior vice-president in its energy storage division. Coito has previously worked at Actis and Goldman Sachs; SUSI said he was involved in deals in the energy and infrastructure sectors totalling over €10 billion.
The firm, which continues to fundraise for its energy storage vehicle, told Infrastructure Investor last year it was expecting a first close in Q1 2017. The fund has a target of €250 million. It made its first investments in October by backing two Canadian projects totalling 12MW.