Equis Energy has named Nitin Apte as its new CEO, a month after the Asian IPP was bought by Global Infrastructure Partners (GIP) in the world’s biggest renewable energy deal to date.

Apte takes charge of Equis and its 11GW-plus portfolio after moving from the top job in speciality materials group Materia. While CEO there he positioned Materia “for rapid growth through new strategic partnerships and expansion of the company's manufacturing footprint”, said a statement from Equis.