Simon Ludlam
Chief Executive Officer at MaresConnect Interconnector- Claim this Profile
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English Native or bilingual proficiency
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French Native or bilingual proficiency
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Spanish Limited working proficiency
Topline Score
Bio
Credentials
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Chartered Accountant of England and Wales
ICAEW
Experience
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MaresConnect Interconnector
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Ireland
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Semiconductor Manufacturing
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1 - 100 Employee
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Chief Executive Officer
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Feb 2020 - Present
Etchea Energy is providing the new management team to develop MaresConnect interconnector. We cover all aspects of development including, project management, regulation, capital raising, engineering design, planning and permitting. Etchea Energy is providing the new management team to develop MaresConnect interconnector. We cover all aspects of development including, project management, regulation, capital raising, engineering design, planning and permitting.
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Managing Partner
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2016 - Present
Etchea Energy is a advisory firm providing focused financial advisory services to investors and operators in the energy sector. The firm focuses on identifying and structuring investment opportunities in the electricity transmission, power generation, environmental infrastructure midstream oil and gas, refining, and energy services sectors.We are currently providing the management team to the 750MW MaresConnect interconnector project between Ireland an Wales. We have recently advised Hudson Sustainable Investment and Partners Group on the development of the 500MW Greenlink power interconnector between Ireland and Wales. We fulfilled the role of Project Director. As part of our role we have guided Greenlink to a successful decision with the Irish regulator to be considered part of the Irish transmission system. We have successfully brought in new capital through Partners Group to complete development and into construction. www.greenlink.ieValue creation for our clients underpins the approach to our work and services
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Greenlink Interconnector Limited
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Ireland
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Renewable Energy Semiconductor Manufacturing
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1 - 100 Employee
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Project Director
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Jan 2017 - Dec 2019
The Project Director role encompassed:• Day to day management of the project including responsibility for budget and financing.• Setting and executing Greenlink’s development strategy including; regulation, financing, overall system design and procurement, environmental permitting and stakeholder interaction.• Securing investment funds to complete the development phase and position Greenlink for construction.Key wins:• Obtaining the EU's PCI status for Greenlink• Securing CEF grants to partially fund devex• Introduction and development of Cap & Floor regulation in Ireland • Submission of Greenlink's Final Project Assessment to Ofgem and the development of Cap & Floor regulation to accommodate project financing• Procurement and completion of subsea surveys across the Irish Sea• Securing and maintaing grid connection agreements in Ireland and Wales.• Implementation and execution of a three Lot (OJEU compliant) EPC procurement process to build Greenlink• Successful M&A process to introduce fresh capital to the project through an infrastructure fund.
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ElecLink
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United Kingdom
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Utilities
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1 - 100 Employee
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Executive Vice Chairman
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Mar 2013 - May 2016
Joined ElecLink in 2013 as Vice Chairman. Previously at STAR Capital Partners where I conceived the idea and subsequently developed the ElecLink 1000MW interconnector through the Channel TunnelOverall responsibility for project delivery and shareholder interface with executive roles for:• Regulation: delivery of the first merchant interconnector derogation in Europe. Securing status of Project of Common Interest. Maintaining senior relationships with CRE, Ofgem and the European Commission. • Grid Connections: first transmission connection agreement and first private HV transmission asset owner in France. First non-NGET interconnector connection agreement• Government contacts: securing political support from London and Paris. Relationships with Energy Ministers (Davey and Royale), DECC, DGEC, Treasury, Tresor and European Parliament• Financing and tax structuring: development of a major project financing and cross-border tax agreement Project valued at €150m in May 2016 creating an IRR of 114% (6x MOI) on STAR Capital's exitwww.eleclink.co.uk
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STAR Capital Partnership LLP
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United Kingdom
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Investment Management
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1 - 100 Employee
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Partner
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2007 - 2013
STAR Capital Partners: responsible for origination in France, Spain and Benelux for investment opportunities in healthcare, telecom, transportation, industrial processes with a pan-European responsibility for energy. • STAR Capital Partners is a private equity fund focusing on strategic assets and hybrid infrastructure with target returns in the high-teens. www.star-capital.com• Based in Paris / London• Origination through existing network of energy contacts, corporate relationships, investment banks, intermediaries and appointed fund advisors• Focus on non-competitive situations or where the fund is able to develop a specific advantage in a process
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Lehman Brothers
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Capital Markets
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700 & Above Employee
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Energy Group Investment Banking
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1993 - 2005
Head of Business Origination at Lehman Brothers’ European Energy Group. Head of Business Origination at Lehman Brothers’ European Energy Group.
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Education
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MINES ParisTech
Centre des Matériaux -
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University of Surrey
BSc. Materials Science and Engineering
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