Paul Maguire, Partner, QIC InfrastructureIndustry leader Paul Maguire has taken up a senior position within QIC Infrastructure’s specialist energy and utilities practice which manages more than A$12 billion in energy and utility assets across Australasia and the US on behalf of institutional investors.
Paul brings deep industry, management and leadership experience. He will join the experienced team and play an important role in driving value across the existing portfolio of investments and the origination of new investment opportunities.
Paul joins the team as a Partner. He was previously CEO of Lumea, a transmission services business owned by Transgrid, and prior to this was CEO of Engie APAC which operates in the fields of electricity generation and distribution, natural gas and renewable energy.
QIC’s Head of Infrastructure, Ross Israel said he was delighted to welcome Paul to the team.
“The energy and utilities sectors are undergoing a transformational change propelled by the global effort to reduce carbon emissions and increase asset resiliency,” Mr Israel said.
“Institutional investors are primed to invest into energy transition opportunities, but appreciate specialist know-how and active management play a central role in achieving appropriate risk-adjusted returns.
“Paul’s acumen complements our existing and well-established team of specialists who manage a platform of 10 energy and utilities assets globally, via a team of 25 investment specialists and 25 non-executive directors and advisers.
Last year QIC acquired Bluecurrent, an Australasian smart metering business, adding to its portfolio that also incorporates Tilt Renewables, Pacific Energy and Lochard Energy in Australia and Generate, Renewa and CenTrio in the US.
With a proven 17-year track record, QIC Infrastructure now actively manages a global portfolio of A$33 billion with 22 direct investments across 5 OECD countries. The global team comprises 84 dedicated investment professionals and 63 non-executive directors and advisors across five offices.
