Global developer RES hires ex-Vestas regional boss Medina as new chief executive

OEM's former Mediterranean and North America chief takes top job at UK-based group as current CEO Catto steps down

Eduardo Medina.
Eduardo Medina.Foto: Vestas

Global renewables developer RES has named former Vestas regional chief Eduardo Medina as its new group CEO.

Medina will take charge at UK-based RES on 1 November, replacing current chief executive Ivor Catto who is retiring after five years in the job, according to a statement from RES.

Medina left Vestas in the summer less than a year after being named president of Vestas North America by the wind OEM giant to replace long-serving previous incumbent Chris Brown.

Medina was previously head of Vestas Mediterranean and before that held senior roles for SunPower, Acciona, GE and Gamesa.

RES – which describes itself as the world’s largest independent renewable energy company – has developed or constructed 22GW globally, with 7.5GW under its wing via asset management and O&M.

Ivor Catto is stepping down at RES.Foto: RES

Medina said: “I aim to build on Ivor’s growth of the global business, with a particular focus on forging ahead with RES’ development activities and expanding our international Support Services offering as we support the growth strategies of our clients.

“There is a clear opportunity to consolidate our position as a leading asset manager and O&M provider, plus, capitalise on the significant market opportunities in our business geographies.”

Catto said: “It feels the right time for me personally to hand over the baton. Eduardo brings with him a huge breadth of renewable industry experience, which will benefit RES as it continues to grow in its strong multi-national market positions.”

As well as its core business of developing onshore renewables projects, RES took a step into the emerging floating sector with a deal earlier this year with Equinor and financial specialist Green Giraffe to explore the potential for floating wind off France.
In August RES agreed to sell its 5GW French onshore project pipeline to South Korea’s Hanwha.
Recharge reported earlier in September how RES this year agreed a $12m payout to the family of a wind farm worker buried alive in trench while working on a US project.
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Published 22 September 2021, 13:20Updated 22 September 2021, 13:23
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