Press Release 09.2024

JERA Nex appoints Chief Investment Officer Zlati Christov

JERA Nex appoints Chief Investment Officer Zlati Christov

LONDON, MONDAY 2 SEPTEMBER: JERA Nex, the renewable energy developer launched in April by JERA, announced this morning the appointment of Zlati Christov as its Chief Investment Officer.

Mr. Christov joins JERA Nex with more than 20 years’ experience in corporate finance, investment banking, M&A and private equity. Prior to joining JERA Nex, he was a managing director at Morgan Stanley where he had responsibility for renewable energy and energy transition investment banking client coverage in EMEA.

During his investment banking career, Mr. Christov has led strategic advisory, M&A and capital raises for many of the leading European and international utilities, renewable energy and clean technology companies, including advising JERA on the acquisition of Parkwind in 2023. Parkwind is now part of JERA Nex, responsible for offshore wind development across Europe.

Mr. Christov will report to CEO Nathalie Oosterlinck and sit on the company’s Leadership Team, with responsibility for developing the company’s CIO function and overseeing investment strategy and decision making.

Nathalie Oosterlinck, CEO of JERA Nex commented: “Zlati’s appointment is another important step towards JERA Nex’s ambitions to scale rapidly and deliver the energy transition. Since our launch in April, we have achieved several milestones including most recently the acquisition of two solar farms in the US from Lightsourcebp. Zlati joins us at the perfect time to continue this momentum and we look forward to his playing a key role in our growth.”

Zlati Christov, Chief Investment Officer of JERA Nex added: “I’m excited to join the JERA Nex team and be a part of delivering its vision to scaling renewables. Over my career, I’ve worked closely with business across the renewable energy sector including both JERA and Parkwind, and now look forward to a new chapter embedded in a team investing in, developing and operating pioneering renewables projects all over the world.”

About JERA Nex

JERA Nex is a company created by JERA to scale renewable energy for a sustainable future. JERA Nex combines the resilience of JERA, one of the world’s largest electricity producers, with the agility and focus of a dedicated renewables business that can act at the pace required to drive the global energy transition.

JERA Nex invests in, currently owns and operates a global portfolio of renewable energy assets, with a portfolio over 3.4GW that includes offshore wind, onshore wind and solar, as well as battery storage. This includes Parkwind, its wholly owned subsidiary. Headquartered in London, with a team of more than 300 renewable and energy industry experts, JERA Nex combines global experience with the local expertise and knowledge necessary to deliver successful projects.

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