London, 22 June 2018
Macquarie Infrastructure and Real Assets (“MIRA”) today announced the appointment of Peter Durante as Managing Director to co-ordinate the ongoing application of new and emerging technologies across MIRA’s asset portfolio in Europe, the Middle East, and Africa (EMEA).
The newly created role will see Peter enhance and co-ordinate the work of MIRA’s asset management teams in identifying and applying technologies that may impact the operational and environmental performance of existing and future portfolio assets.
Joining MIRA’s team in London, Peter brings over 18 years of experience in the infrastructure, energy, and renewables sectors. He joins from Saudi Aramco where he was most recently Head of New and Emerging Technology and Market Intelligence for the Renewables division. There, Peter led an initiative to help support national renewables deployment for the Kingdom of Saudi Arabia, through enhanced research and development in commercial clean technology.
Peter started his career at Royal Dutch Shell plc (“Shell”) where he built broad experience in strategy consulting, procurement, risk and supply management, and commodities trading. This included the creation and integration of environmental products to Shell’s trading portfolio. After Shell, Peter served as a consultant to a range of industrial and financial clients, advising them on emissions trading policy, alternative retail models, renewables, and transport electrification.
“The intersection of technology and real assets has long been an exciting and critical area for the assets we actively manage on behalf of our investors” said Leigh Harrison, Head of MIRA EMEA, commenting on the announcement.
“We continue to explore how technology can be applied to enhance the performance of assets in our portfolio, and indeed consider the potential disruption of new technologies to our long-term investments. We are excited that Peter has joined the team given his impressive track record of innovation and the latest applied thinking to support our growth."