EISER Infrastructure Partners, an independent global infrastructure asset manager, has opened an office in Johannesburg, headed by Richard Onyango.
The new office will be used to support EISER’s role as an investment advisor for Green Africa Power (GAP), which is an initiative of the Private Infrastructure Development Group Trust (PIDG) to offer mezzanine finance and contingent lines of credit to privately-owned renewable power generation projects in the most under-developed countries in Africa.
Onyango’s new role is to lead EISER’s team in the region and will work closely with the London office to originate and execute renewable energy transactions that will help deliver on GAP’s mission. With more than 14 years of experience in finance, he has in-depth experience in banking and project finance and a strong understanding of the African renewables sector.
He joins EISER from Standard Bank, where he helped establish an East African-based infrastructure finance team dedicated to transactions in the region and developed a pipeline of renewable energy projects. Prior to that, Onyango worked in investment banking in the UK and New York and at Globeleq, where he was responsible for developing African power projects.
Vivian Nicoli, partner at EISER, says: “We are passionate about our work with GAP to develop Africa’s economy through renewable energy projects and so we are excited to open our new office in South Africa and bring in someone of Richard’s calibre to lead the local team.
“Richard’s background in the African renewables sector and his international banking experience means he is ideally placed to work with the London-based team in meeting the goals of GAP and its donors.”
