A highly experienced
management team

The members of our senior management team each have extensive experience in the infrastructure sector and a proven track record of successfully investing in international renewable energy businesses.

Our wider team is made up of skilled professionals with a unique combination of business development, operations, financial, commercial, legal and technical expertise.

Our team actively manages a large portfolio of projects

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David Swindin

Chief Executive Officer

David is Chief Executive Officer of Cubico and has ultimate responsibility for the execution of the company’s strategy and day-to-day management. Previously, he was responsible for managing Cubico’s business in the EMEA region and has been with Cubico since its formation in 2015.

With more than 30 years in infrastructure and structured finance across the globe, David brings a broad experience of the debt and equity markets to the company. The earlier part of his career was spent advising multinational corporations and governments in structuring complex financing transactions.

David Swindin

Chief Executive Officer

David is Chief Executive Officer of Cubico and has ultimate responsibility for the execution of the company’s strategy and day-to-day management. Previously, he was responsible for managing Cubico’s business in the EMEA region and has been with Cubico since its formation in 2015.

With more than 30 years in infrastructure and structured finance across the globe, David brings a broad experience of the debt and equity markets to the company. The earlier part of his career was spent advising multinational corporations and governments in structuring complex financing transactions.

Matt Donaldson

Chief Financial Officer

As Chief Financial Officer, Matt Donaldson has responsibility for Cubico’s finance, treasury, tax, investment oversight, insurance, internal control and global risk management functions.

Matt has over 15 years of international experience in the energy infrastructure and renewables sectors, during which time he has been part of several successful and diverse management teams and boards. His areas of expertise include financial accounting and analysis, business development, treasury, corporate financing and energy markets risk management.

Prior to joining Cubico, Matt held various senior positions within the ENGIE Group across Australia, France and the UK, including Chief of Staff to the ENGIE Group CFO and CFO for ENGIE’s Australian joint venture operations with Mitsui.

Matt holds a Bachelor of Commerce from the University of Melbourne and is a qualified Chartered Accountant.

Matt Donaldson

Chief Financial Officer

As Chief Financial Officer, Matt Donaldson has responsibility for Cubico’s finance, treasury, tax, investment oversight, insurance, internal control and global risk management functions.

Matt has over 15 years of international experience in the energy infrastructure and renewables sectors, during which time he has been part of several successful and diverse management teams and boards. His areas of expertise include financial accounting and analysis, business development, treasury, corporate financing and energy markets risk management.

Prior to joining Cubico, Matt held various senior positions within the ENGIE Group across Australia, France and the UK, including Chief of Staff to the ENGIE Group CFO and CFO for ENGIE’s Australian joint venture operations with Mitsui.

Matt holds a Bachelor of Commerce from the University of Melbourne and is a qualified Chartered Accountant.

Olga Garcia

General Counsel and Head of Corporate Affairs

Olga is General Counsel and Head of Corporate Affairs at Cubico, based in London. She is responsible for strategically guiding board governance and all legal and compliance activities, as well as overseeing the human resources and communications functions. She is also Group Company Secretary and Chair of the ESG Committee.

With more than 25 years of international experience in the financial and infrastructure sectors, Olga has advised on investments in diverse regions of the world (Europe, Latin America, the USA and Australia) and across various sectors and asset classes. She is an expert in corporate governance and managing legal risk in a global environment.

Previously, Olga was Head of Legal for Credit & Global Transactional banking at Santander, based both in London and Madrid. She had all legal aspects of acquisition, structured and project finance, asset and capital structuring as well as the global structured trade finance businesses in the Global Banking & Markets division under her supervision.

Olga holds an English law degree from the College of Law, an M.A. Spanish law degree from the UAM, Madrid, and a certificate in Sustainable Leadership from the Massachusetts Institute of Technology.

Olga Garcia

General Counsel and Head of Corporate Affairs

Olga is General Counsel and Head of Corporate Affairs at Cubico, based in London. She is responsible for strategically guiding board governance and all legal and compliance activities, as well as overseeing the human resources and communications functions. She is also Group Company Secretary and Chair of the ESG Committee.

With more than 25 years of international experience in the financial and infrastructure sectors, Olga has advised on investments in diverse regions of the world (Europe, Latin America, the USA and Australia) and across various sectors and asset classes. She is an expert in corporate governance and managing legal risk in a global environment.

Previously, Olga was Head of Legal for Credit & Global Transactional banking at Santander, based both in London and Madrid. She had all legal aspects of acquisition, structured and project finance, asset and capital structuring as well as the global structured trade finance businesses in the Global Banking & Markets division under her supervision.

Olga holds an English law degree from the College of Law, an M.A. Spanish law degree from the UAM, Madrid, and a certificate in Sustainable Leadership from the Massachusetts Institute of Technology.

Javier Areitio

Head of Origination and Development

Javier is Head of Origination and Development at Cubico, based in London. He is responsible for driving growth through both acquisitions and development activities globally. Javier has a 20-year track record managing the whole value chain of renewable energy assets including origination, acquisitions, development, financing, construction, operation and disposals.

Prior to joining Cubico, Javier held senior roles in Europe and Latin America at Actis, TerraForm Power and SunEdison.

Javier holds an MSc. in Management and Business Administration from ICADE in Madrid.

Javier Areitio

Head of Origination and Development

Javier is Head of Origination and Development at Cubico, based in London. He is responsible for driving growth through both acquisitions and development activities globally. Javier has a 20-year track record managing the whole value chain of renewable energy assets including origination, acquisitions, development, financing, construction, operation and disposals.

Prior to joining Cubico, Javier held senior roles in Europe and Latin America at Actis, TerraForm Power and SunEdison.

Javier holds an MSc. in Management and Business Administration from ICADE in Madrid.

Chris Ford

Chief Operating Officer

As Chief Operating Officer, Chris is responsible for leading construction and asset management activities, HSE, IT and supporting Cubico’s development activities.

Chris has more than 25 years of experience in the energy sector and has held numerous senior roles in his career working across both conventional and renewable power generation technologies. He has extensive experience in developing, financing, building and operating renewables projects, as well as a keen focus on delivering long-term sustainable projects and seeking innovative ways to maximise their value.

Chris most recently worked in the African energy sector where he helped establish and rapidly grow two successful private equity backed power businesses, Lekela and Globeleq. During this period, he had overall responsibility for approximately 2.3 GW of power plants on the continent, of which approximately 1.3 GW were renewable projects.

Prior to moving to work in the emerging markets, he oversaw a merchant IPP trading in the UK gas and power markets.

 

Chris Ford

Chief Operating Officer

As Chief Operating Officer, Chris is responsible for leading construction and asset management activities, HSE, IT and supporting Cubico’s development activities.

Chris has more than 25 years of experience in the energy sector and has held numerous senior roles in his career working across both conventional and renewable power generation technologies. He has extensive experience in developing, financing, building and operating renewables projects, as well as a keen focus on delivering long-term sustainable projects and seeking innovative ways to maximise their value.

Chris most recently worked in the African energy sector where he helped establish and rapidly grow two successful private equity backed power businesses, Lekela and Globeleq. During this period, he had overall responsibility for approximately 2.3 GW of power plants on the continent, of which approximately 1.3 GW were renewable projects.

Prior to moving to work in the emerging markets, he oversaw a merchant IPP trading in the UK gas and power markets.

 

David Smith

Country Head of Australia

David Smith is Country Head of Australia at Cubico, with responsibility for origination and execution of new investments and whole of life asset management.

David has had extensive experience in renewable energy, from development to construction, origination, execution and asset management. David was previously Head of Iberia at Cubico, leading the growth of the business from 2 water assets to a team of 15 asset management specialists managing 8 assets in wind, water, PV and concentrating solar thermal generation. Prior to moving to Cubico, David was Head of Santander’s Asset & Capital Structuring team in Australia, following broad M&A experience as a director in investment banking at ABN AMRO and at an independent power producer where he managed development and M&A.

David has a Bachelor of Engineering (Chemical) and an MBA from the Australian Graduate School of Management at UNSW.

David Smith

Country Head of Australia

David Smith is Country Head of Australia at Cubico, with responsibility for origination and execution of new investments and whole of life asset management.

David has had extensive experience in renewable energy, from development to construction, origination, execution and asset management. David was previously Head of Iberia at Cubico, leading the growth of the business from 2 water assets to a team of 15 asset management specialists managing 8 assets in wind, water, PV and concentrating solar thermal generation. Prior to moving to Cubico, David was Head of Santander’s Asset & Capital Structuring team in Australia, following broad M&A experience as a director in investment banking at ABN AMRO and at an independent power producer where he managed development and M&A.

David has a Bachelor of Engineering (Chemical) and an MBA from the Australian Graduate School of Management at UNSW.

José Canales

Country Head of Iberia

José has wide experience in management of renewable energy assets from origination and construction to operational management, across Europe, and America. Previously, José was head of Poland and Romania at EDP Renewables.

José holds a Law degree from the Universidad Complutense of Madrid and a Master in Finance and Renewable Energy from the Carlos III University in Madrid.

José Canales

Country Head of Iberia

José has wide experience in management of renewable energy assets from origination and construction to operational management, across Europe, and America. Previously, José was head of Poland and Romania at EDP Renewables.

José holds a Law degree from the Universidad Complutense of Madrid and a Master in Finance and Renewable Energy from the Carlos III University in Madrid.

Alessandro Asperti

Country Head of Italy and Greece

Alessandro Asperti is Country Head of Italy and Greece at Cubico, with responsibility for the origination, M&A structuring and execution of transactions in these countries.

Previously, Alessandro was Head of Santander’s Asset & Capital Structuring team in Italy and was responsible for the bank’s equity investments in energy and infrastructure. Prior to this, Alessandro worked as head of finance at Enfinity and had extensive experience in the project finance department of GE Capital and Intesa San Paolo with a focus on the energy sector.

He graduated from University Bocconi and holds a MA Degree in Institutions and Financial Markets Management.

Alessandro Asperti

Country Head of Italy and Greece

Alessandro Asperti is Country Head of Italy and Greece at Cubico, with responsibility for the origination, M&A structuring and execution of transactions in these countries.

Previously, Alessandro was Head of Santander’s Asset & Capital Structuring team in Italy and was responsible for the bank’s equity investments in energy and infrastructure. Prior to this, Alessandro worked as head of finance at Enfinity and had extensive experience in the project finance department of GE Capital and Intesa San Paolo with a focus on the energy sector.

He graduated from University Bocconi and holds a MA Degree in Institutions and Financial Markets Management.

Osvaldo Rance

Country Head of Mexico

Previously, Osvaldo was managing director of the Balam Fund I (funded by institutional investors including the IDB and the Japan Bank for International Cooperation), whose mandate is investing in renewable energy and energy efficiency exclusively in Mexico. Prior to that, Osvaldo was Head of Santander’s Asset & Capital Structuring team in Mexico, deploying equity in investments in renewable energy in excess of US$ 250 million.

Osvaldo holds a BS in Electrical and Electronic Engineering from the Universidad Nacional Autonoma de México (UNAM), and an MBA from New York University’s (NYU) Leonard Stern School of Business.

Osvaldo Rance

Country Head of Mexico

Previously, Osvaldo was managing director of the Balam Fund I (funded by institutional investors including the IDB and the Japan Bank for International Cooperation), whose mandate is investing in renewable energy and energy efficiency exclusively in Mexico. Prior to that, Osvaldo was Head of Santander’s Asset & Capital Structuring team in Mexico, deploying equity in investments in renewable energy in excess of US$ 250 million.

Osvaldo holds a BS in Electrical and Electronic Engineering from the Universidad Nacional Autonoma de México (UNAM), and an MBA from New York University’s (NYU) Leonard Stern School of Business.

James Pinney

Country Head of Northern Europe

James became Country Head of Northern Europe after more than 6 years at Cubico, most recently as Head of Investment Oversight where he worked closely with all regional teams, the Executive Committee and the company’s shareholders on the evaluation, approval and execution of transactions. This encompassed deals across 15 countries in a variety of technologies including solar, wind, CSP and transmission.

Prior to joining Cubico, James worked in EY’s Energy Corporate Finance team, focused on buy and sell-side renewable energy M&A.

James graduated from Bristol University and is a CFA charterholder.

James Pinney

Country Head of Northern Europe

James became Country Head of Northern Europe after more than 6 years at Cubico, most recently as Head of Investment Oversight where he worked closely with all regional teams, the Executive Committee and the company’s shareholders on the evaluation, approval and execution of transactions. This encompassed deals across 15 countries in a variety of technologies including solar, wind, CSP and transmission.

Prior to joining Cubico, James worked in EY’s Energy Corporate Finance team, focused on buy and sell-side renewable energy M&A.

James graduated from Bristol University and is a CFA charterholder.

Stacey Kusters

Country Head of United States

Stacey Kusters is Country Head of United States at Cubico, leading investments in new transactions, as well as supervising all aspects relating to the operations and asset management of the business.

Previously, Stacey was Senior Vice President at Berkshire Hathaway Energy Investment and was responsible for underwriting and executing close to $4 billion (USD) in tax equity transactions. Prior to this, Stacey held several senior management positions within the Berkshire Hathaway Energy companies responsible for the acquisitions of wind and solar assets, and structuring and pricing complex transactions across the United States.

She graduated from Simon Fraser University and holds an Executive Management degree from University of British Columbia.

Stacey Kusters

Country Head of United States

Stacey Kusters is Country Head of United States at Cubico, leading investments in new transactions, as well as supervising all aspects relating to the operations and asset management of the business.

Previously, Stacey was Senior Vice President at Berkshire Hathaway Energy Investment and was responsible for underwriting and executing close to $4 billion (USD) in tax equity transactions. Prior to this, Stacey held several senior management positions within the Berkshire Hathaway Energy companies responsible for the acquisitions of wind and solar assets, and structuring and pricing complex transactions across the United States.

She graduated from Simon Fraser University and holds an Executive Management degree from University of British Columbia.