BlackRock appoints APAC MD for renewable energy franchise

BlackRock Real Assets has extended its renewable energy franchise, BlackRock Renewable Power, by appointing managing director, Charlie Reid, to lead its investment efforts in the Asia Pacific.

In this Sydney-based role, the firm said Reid will be responsible for "sourcing, executing and managing renewable infrastructure assets" in the region.

Reid previously spent seven years as a portfolio manager for BlackRock Renewable Power's investment team in London, where he established BlackRock's Renewable Income platform.

Commenting on his new role, Reid said: "Representing over half of the global renewable infrastructure opportunity, Asia Pacific is the next frontier in the green energy transition. I am excited to extend our world-class renewable energy platform to the region and to continue to provide sustainable, long-term value for our clients."

Dominik Rohe, BlackRock's head of Australasia, added: "Charlie's tremendous amount of expertise will strongly contribute to our capabilities in this space, as we build out and diversify BlackRock's business in the region."