Anesco hires Centrica’s power markets director and touts route to market

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New Anesco boss Mark Futyan has returned to his former employer for the company’s latest hire – with the firm now touting route to market services for renewable asset owners.

Alan Smallwood will leave his position as director of power markets at Centrica to become Anesco’s new optimisation director.

Smallwood is tasked with delivering best returns from Anesco’s own 100MW of assets, plus the gigawatt it manages for other firms. He will also help investors make informed decisions about what and where to invest next.

Anesco said building out route to market and optimisation capabilities will make it a “full service” provider.

Amid the ongoing lockdown, Smallwood admitted it was “a rather unusual time” to be starting a new job, but said he looks forward to meeting new colleagues and customers when restrictions ease.

“Anesco is a dynamic company that is well placed to support the UK’s drive for decarbonisation,” he stated. “If the country is to achieve net zero carbon emissions by 2050, then we’re going to need greater levels of renewable energy and solar and storage will play a big part in that. Supporting investors to achieve the optimal yield and returns from such assets will therefore be crucial, especially in a post-subsidy world.”

Anesco CEO Mark Futyan said Smallwood will be “an asset to the team”.

“His experience in navigating energy markets will be invaluable as we look to build on our strong track record and continue to drive the growth of renewables in the UK.”

Meanwhile, Mike Ryan, Anesco’s director of asset management, has left the firm for Habitat Energy, where he started this week as commercial director.

This article’s original headline, ‘New Anesco boss raids former employer Centrica for key hire’, has been amended at Anesco’s request. A company spokesperson said it implied new CEO Mark Futyan, formerly Centrica’s Distributed Power Systems director, had poached Alan Smallwood. However, they stated this was not the case and that doing so would breach contractual clauses. 

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