Denmark

Denmark

Hannibal joins Copenhagen Infrastructure Partners

DENMARK: Former Siemens Gamesa Renewable Energy (SGRE) offshore wind CEO Michael Hannibal has joined investment firm Copenhagen Infrastructure Partners (CIP) as partner.

Micheal Hannibal left Siemens Gamesa 'by his own volition'
Micheal Hannibal left Siemens Gamesa 'by his own volition'

Hannibal will take a lead role on the company’s investment activities within the offshore wind sector, CIP managing partner Jakob Baruel Poulsen said.

His departure from SGRE was announced last week as part of a raft of changes in the group’s management with former Senvion chief executive, Andreas Nauen, named as Hannibal's replacement. 

Hannibal joined Siemens in 2004, and since 2011 led the German manufacturer’s offshore unit, prior to this year’s merger with Gamesa. Before that he led Siemens’ offshore division in Europe, the Middle East and Africa, and was head of offshore sales between 2004 and 2008.

SGRE last week said Hannibal had decided to leave the company "by his own volition". He will now join CIP on 21 December.

CIP managing partner Jakob Baruel Poulsen said: "Michael is one of the pioneers and leading figures within offshore wind and spearheaded Siemens’ and Siemens Gamesa’s development into the globally leading offshore wind turbine supplier and service provider.

"He brings deep market knowledge, a large industrial network, and proven global leadership skills and track record to CIP.

"In this capacity Michael will take a lead role on the investments in CIP’s offshore wind farms in operations, construction, and development across three continents."

During his tenure at Siemens, the manufacturer became a market leader in the offshore wind sector.

"The offshore wind industry is now expanding from a primarily north-western European business to a truly global business, and I am excited about the opportunity to be part of this journey together with the CIP team," Hannibal said.

"I bring my hands-on offshore wind experience, gained by positioning Siemens Gamesa as the global leader in offshore wind," he added.

CIP has invested in the 402MW operational Veja Mate project off the coast of Germany, and the 588MW Beatrice project being built in Scotland, as well offshore sites in the US, Canada and Taiwan.

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