UK-based Sustainable Development Capital LLP (SDCL) has created a renewable energy division led by Alejandro Ciruelos and Javier Jimenez, who have joined SDCL from Santander Corporate & Investment Banking.

The pair will focus on developing innovative financing and investment solutions for utility-scale power generation and renewable energy projects, developers and investors. Ciruelos is a managing director and heads the renewable energy and power practice of the firm. He has 15 years of experience in structuring, financing, investing and raising capital for power and infrastructure projects and corporations.

Jimenez has 14 years of experience in the infrastructure sector. He was previously a managing director at Santander, heading up renewable energy, senior origination and execution.

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