Karèn Breytenbach has been appointed by Fieldstone as Senior Expert in Energy and PPP Systems.
The appointment is “a most important personnel addition”, the energy and infrastructure focused investment bank says in a statement “which places Fieldstone in a position to further support the energy and infrastructure aspirations of South Africa”.
“We have worked with Karèn on a number of projects over the last year and it is clear that our collaboration is now more important than ever, as South Africa needs to position itself to achieve a just energy transition while standing as an attractive destination for much needed foreign investment”, said Fieldstone CEO Jason Harlan. “The challenge is to move from singular, limited transactional thinking to formulate broader initiatives of scale – an ethos and focus that Karèn embodies.”
As head of South Africa’s influential Independent Power Producer (IPP) Office, at the Department of Energy, from 2011-2019, Breytenbach ran and shaped one of the world’s most successful renewable energy procurement programmes. As a result of the South African Renewable Energy Independent Power Producer Procurement Programme (REIPPPP), under Breytenbach’s watch, “South Africa has achieved more investment via Independent Power Producers (IPPs) in four years than in the rest of Sub-Saharan Africa over the past two decades”, according to a 2017 report by the Graduate School o Business at the University of Cape Town.
“Karèn has been involved in energy and private investment in public projects over the last quarter century”, the press release by Fieldstone adds.