Private equity firm Actis has appointed Adrián Katzew as chief executive of its Mexican energy subsidiary, Zuma Energía.
Katzew has a long track record in developing renewable energy projects, having led construction and operation of wind energy projects of more than 900 MW in various countries, with $5 billion in funding requirements.As CEO of Zuma Energía, Katzew will initially focus on completing the construction of the 50 MW wind farm located in the state of Oaxaca, PE Ingenio, SAPI de CV.
Adrian worked during the 2010 - 2014 period at Vestas Mexico, where he led a team of 70 people. Previously, Adrian had executive positions at First Solar and Santander Renewables.
“Through Zuma Energía we will focus our efforts on developing projects with a high economic and social impact in the Mexican energy sector, which will enable us to establish ourselves as a highly competitive electricity generator.”
Michael Harrington, director of energy at Actis, said:
“We are delighted to have such a credible CEO leading Zuma Energia. Adrián brings solid financial experience and a socially responsible approach to Actis’s Mexican energy platform. We see the current environment in Mexico and the recent energy reform encouraging investment in and development of energy generation projects.”