Ilesh joined Baringa in 2010 and is currently Baringa’s global strategy and markets lead for the Energy & Resources industry. He has 25 years of UK and international experience advising utilities companies, regulators, governments, investors and lenders on strategy, regulatory, investment and commercial issues.
In an era when global energy markets are experiencing unprecedented change, new energy technologies are emerging which offer the opportunity for a low carbon future, combined with more distributed and decentralised energy systems. The business models of utilities and energy investors need to adapt to this energy transition. Ilesh works with our clients to evaluate alternative strategies for entering new markets, launching new products, investing in new technologies and adopting new business models. His work has been key in helping our clients develop, define and successfully implement these strategies through the energy transition and investments in low carbon projects and businesses.
Recently, he has led work on renewable energy projects, new energy technologies, distributed energy and interconnectors. He has advised on over twenty electricity and gas interconnector projects and over 50 GW of renewable energy, battery and electricity storage projects for renewables developers and power generators across the world. This has included work for renewable energy companies, energy infrastructure investors, power generators and traders, in both Europe and increasingly in other regions around the world, such as South East Asia, UAE, Australia, Africa and South America. He has also led Baringa’s work for large energy users, such as Tesco Plc and Transport for London, advising on renewable energy purchasing and sustainability strategies.
Ilesh has also been an advisor on the liberalisation and privatisation of power and gas markets, including market design and regulation, and has provided due diligence on power and gas asset transactions, and the delivery of energy trading and risk management solutions.
He lives in London with his wife Catriona and their two boys who keep them both fit. He particularly enjoys watching (no longer playing!) cricket and has an enviable collection of energy related art!
Baringa Partners to act as Strategic Energy Advisor to Transport for London (TfL)
Baringa Partners to act as Lender’s Market Advisor (LMA) on world’s largest offshore wind farm development
Baringa Partners supports Tesco to drive growth of unsubsidised renewables in the UK