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RCG appoints David Banks to expand onshore wind transaction advisory services

Glasgow, Scotland – The Renewables Consulting Group (RCG), a sector specialist advisory firm, has announced the appointment of David Banks to boost the firm’s technical due diligence and lender’s technical advisory services offerings for onshore wind.

As the global development of onshore wind farms continues, so too has the demand for technical due diligence and lender’s technical advisory services. In response, the appointment of Banks brings a wealth of experience for the benefit of our clients.

RCG’s independent technical advisors identify risk in projects through market-leading due diligence, to help clients make sound investment decisions. This applies to for both onshore and offshore wind assignments, with no geographical restriction.

With a deep background in onshore technical due diligence, Banks has taken leadership roles in more than 40 international assignments, including vendor, acquisition and pre-financial close projects for both single site and large complex portfolios.

Before RCG, Banks oversaw the day-to-day management and delivery of several land-based construction monitoring projects. These assignments afforded Banks a specialist’s knowledge in wind farm operation, technology and construction.

Commenting on the appointment, Andrew Cole, RCG’s Managing Director – Europe, Middle East & Africa said:

“We are delighted that David has joined our team. From carrying out turbine inspections and attending sites during construction, David is keenly aware of the wide-ranging issues which arise during all stages of a project. His vast technical advisory experience with developers, sponsors, and lenders on the development, construction and operation of onshore wind farms will serve our clients well.” – Andrew Cole, Managing Director.

The Glasgow office is leading the acceleration of the firm’s due diligence platform and technical services in order to realise its overall goal of providing a top-tier market intelligence, management consulting, and technical advisory service to the renewable sector and delivering long-term value for clients.

Glasgow, Scotland – The Renewables Consulting Group (RCG), a sector specialist advisory firm, today announced the appointment of Chris Houston to the company’s growing Glasgow office. Houston is a wind farm development and due diligence specialist.

Earlier this year, Crown Estate Scotland launched ScotWind Leasing, a programme to help support the first offshore wind leasing round in Scottish waters in a decade. RCG has expanded its team in response. Houston brings more than a decade of experience in the renewables sector and provides clients with complex technical due diligence to support wind farm developments, with a focus on acquisition and bank finance transactions. His experience in the full development, construction and operational phases of renewable energy projects, specifically in offshore wind, will be invaluable for clients in the ScotWind process.

Commenting on the news, Andrew Cole, Managing Director, EMEA said:

“We are delighted that Chris has joined our growing team. He has considerable development experience and has also led and supported on multiple complex technical due diligence assignments, ranging from many offshore wind mandates to the acquisition due diligence for onshore wind farm portfolios. His appointment reinforces our commitment to both players in Scotland’s market and global assignments” – Andrew Cole, Managing Director, EMEA.

Chris Houston added:

“It is an exciting time to be joining the respected team at RCG. I am looking forward to helping grow the firm’s development and due diligence services. We are exceptionally well-placed to assist existing and new clients with a blend of market-leading expertise and practical support.” – Chris Houston, Glasgow.