The two will look to develop wind, solar and small-hydro projects in “selected countries”.

Jenner CEO Calvet, who led Spanish wind OEM Gamesa for two and a half years until November 2012, said Denham “not only brings capital to our efforts but also provides a deep global industry network and a wealth of knowledge in the power sector”.

Jenner, a Madrid-based developer and independent power producer (IPP), also counts other former executives from Gamesa and other “leading entities” in renewable energy among its team.

London-based