Charlie Reid has been appointed as managing director of BlackRock Real Assets Asia Pacific renewable energy franchise.
Mr Reid is responsible for sourcing, executing and managing renewable infrastructure assets in the Asia Pacific.
Before this role, he was a portfolio manager for BlackRock Renewable Power’s investment team in London, where he set up BlackRock’s Renewable Income platform that manages over US$2.2 billion (AU$3.1 billion) of capital.
The Asia Pacific region is becoming an important region for renewables investment. According to Bloomberg New Energy Finance, over 70 per cent of all investment into new power generation in the Asia Pacific will flow into renewables by 2040.