Categories: Press Releases Date: Sep 8, 2014 Title: Jonathan Walters, former Director at the World Bank, joins Nur Energie’s Advisory Board
Jonathan’s extensive experience in advising and financing large scale renewable initiatives in the MENA region (see Jonathan’s full bio below) will provide Nur Energie with the additional knowledge required to assist in all its developments, specifically in Tunisia, Greece, and Morocco.
The Nur Energie advisory board is a role whose members are experts in finance and energy providing advice and input to the senior management team. Members of the advisory board are consulted on major decisions, including strategy, new projects and new investors.
Kevin Sara, CEO of Nur Energie, said “We are delighted that Jonathan has agreed to join the advisory board. His wealth of experience and knowledge of the region and industry, as a result of advising some of the biggest CSP programmes in the world throughout his 26 years at the World Bank, will be a unique source of information and advice for the company. We specifically look forward to having him provide valuable input on TuNur, our large scale solar export project from Tunisia to Europe, given the significant involvement of multi-lateral financing institutions and pan Governmental participation, and Jonathan’s knowledge and relationships in European governments ”.
Jonathan Walters’s biography
Jonathan Walters spent the last 9 years in the Middle East and North Africa Region of the World Bank, first as Energy Manager and then as Director of Regional Programs and Partnerships. He has had a particular focus on the renewable energy programmes being established in the MENA region, such as the MASEN programme in Morocco, advising these Governments on commercial, regulatory and economic issues related to the successful implementation of large scale renewables in the region, and on the potential opening of European markets to those renewables. Jonathan joined the World Bank in 1988, and initially worked on macroeconomic reform in West and Central Africa. He then joined the Europe and Central Asia Region just after the break-up of the Soviet Union, where he focused on energy sector reform and Caspian oil and gas development. In 2001, he joined BP in London and worked on relationships with national oil companies, local economic impact, and on the design of the Extractive Industries Transparency Initiative. Mr. Walters returned to the World Bank in 2003, and led a major study ("Connecting East Asia") on sustainable infrastructure service provision in East Asia and the Pacific, in collaboration with the Asian Development Bank and the Japanese International Cooperation Agency. Prior to joining the World Bank, he was Economic Advisor to the Government of Swaziland on investment climate and trade policy. He has an M.A. in Politics, Philosophy and Economics from the University of Oxford, and an M.Sc.in Economics from the University of London. Jonathan has now joined Castalia, the infrastructure economics consultancy, as Senior Advisor, along with other advisory assignments.
About Nur Energie
Nur Energie is an independent solar power plant developer focused on significant climate change mitigation by opening new energy corridors. Nur is developing utility scale concentrated solar power (“CSP”) and photovoltaic (“PV”) projects in Southern Europe and North Africa that are capable of producing low carbon, base load power at competitive prices, all whilst generating significant socio economic benefits within the regions it develops in. Nur currently has over 2,200MW of under development in Greece, Morocco, Tunisia and France.