Power Capital Partners (PCP) has hired Eyob Easwaran as managing director and director of asset management, responsible for leading construction oversight, asset and risk management activities.
Easwaran will serve on the PCP investment committee.
Easwaran has more than 20 years of experience in the power industry in various capacities including engineering, project financing, construction, and asset and risk management.
Most recently, Easwaran was lead asset manager for Conduit Capital Partners, a private equity firm that invested in power projects in Latin America and the Caribbean. He managed a portfolio of power projects with approximately 1,000 MW of aggregate installed capacity employing a range of generation technologies in nine countries.
The portfolio represented a total investment of approximately USD1.5 billion.
"We are very pleased that Eyob has joined the PCP team and are confident that his international power asset and risk management experience will enhance our ability to successfully execute the PCP investment strategy," says K Mitchell Posner, managing partner of PCP.