International real estate advisor, Savills, has expanded its capabilities across its Energy, Infrastructure and Renewables team, which sits within its Savills Earth division, with new strategic hires. Nick Edgar and David Cunningham will focus on corporate finance, growth capital and project finance, and will provide strategic and financial advisory services to clients in the cleantech and renewables sector.
Nick and David will join Savills as co-heads of Savills Earth Capital Advisors and bring expertise in cleantech and renewables. The duo have over 20 years’ experience each in banking, equity capital markets, consultancy and buyside roles.
With expertise working in large professional practice, as well within an energy focussed finance boutique, Nick has worked buyside in both venture capital in the technology sector, and structured finance in the renewables industry. Working across the funding lifecycle, he has led on deals in growth equity in new technologies through to renewable infrastructure deals with entrepreneurial developers, private equity backed IPPs and working with large institutional investors.
David’s background includes time in the City of London as an Extel rated number one equity analyst in cleantech and renewables, as well as spending nine years advising on large infrastructure deals across wind, solar, battery storage, optimisation strategies, energy efficiency, biomass, biofuels, gridtech and the hydrogen supply chain. David’s techno-economic knowledge will be vital in delivering decarbonisation solutions across the built environment and demand vectors which are critical to meet net zero targets.
Richard Rees, Managing Director of Savills UK, comments: “Energy forms the cornerstone of any modern, developed economy, especially as we progress toward the UK’s 2030 zero carbon electricity target. Hiring Nick and David highlights the importance we place on the renewables and cleantech sectors, and they will work seamlessly with the Capital Advisors team within our existing Operational Capital Markets division, who provide real estate debt and equity solutions. This expansion enhances our energy service offering, enabling us to manage the entire lifecycle of energy projects from site identification and planning applications to funding, transaction advisory, and project delivery.”
Nick Edgar, says, “David and I are thrilled to be joining Savills. We look forward to helping the firm continue to deliver strategic advice to renewable energy developers through to cleantech and built environment sector clients at a time when businesses are seeking to decarbonise their portfolios. Our goal is to seamlessly integrate finance, renewable energy technology, and real estate expertise while leveraging Savills extensive cross sector network to accelerate the clean energy transition.”