Former Q-Cells VP joins merchant bank to head Solar Energy practice

• 
  ThomasLloyd Group PLC strengthens its Merchant Banking business by appointing Matthias Altieri as Managing Director, Head of Solar Energy.

A former vice president at Q-Cells, Matthias Altieri has joined UK-based merchant bank, ThomasLloyd Group to run its solar energy funding operations as managing director. The appointment was made at the beginning of December, 2011. In his new capacity, Mr Altieri will be responsible for sourcing new business both in the provision of technology and in the sourcing of new development opportunities.

"Matthias can draw on a large and valuable international network in politics and economy,” commented T.U. Michael Sieg, chairman and CEO at ThomasLloyd Group. “He is an active member of several professional associations like the German Solar Industry Association, as well as being a board member of the Italian equivalent, Assosolare and the European umbrella association EPIA."

Altieri worked at Q-Cells for over the past five years. In that time he was jointly responsible for the expansion of the company's solar business in Europe, North and Latin America as well as Asia. Part of his function was to launch new photovoltaic technologies such as thin-film modules (CIS, CIGS, CdTe).

In his role as vice president of origination, he expanded Q-Cells' system business. This included the evaluation, set-up, management and sale, amounting to a scale of more than 350MW on three continents. He also managed more than 70 project companies and was the CEO of Q-Cells Italia.

ThomasLloyd Group was responsible for the financial close of the 70MW solar installation in Sault Ste. Marie which is one of the biggest ground mounting systems in North America.