Macquarie Infrastructure and Real Assets (MIRA) has appointed Peter Durante as managing director to coordinate the ongoing application of new and emerging technologies across MIRA’s asset portfolio in Europe, the Middle East and Africa.
The newly created role will see Durante enhance and coordinate the work of MIRA’s asset management teams in identifying and applying technologies that may impact the operational and environmental performance of existing and future portfolio assets.
Joining MIRA’s team in London, Durante brings more than 18 years of experience in the infrastructure, energy and renewables sectors. He joins from Saudi Aramco where he was most recently head of New and Emerging Technology and Market Intelligence for the Renewables division. There, Durante led an initiative to help support national renewables deployment for Saudi Arabia, through enhanced research and development in commercial clean technology.
Durante started his career at Royal Dutch Shell, where he built broad experience in strategy consulting, procurement, risk and supply management, and commodities trading. This included the creation and integration of environmental products to Shell’s trading portfolio. After Shell, Durante served as a consultant to a range of industrial and financial clients, advising them on emissions trading policy, alternative retail models, renewables, and transport electrification.
“The intersection of technology and real assets has long been an exciting and critical area for the assets we actively manage on behalf of our investors,” says Leigh Harrison, head of MIRA EMEA, commenting on the announcement. “We continue to look beyond convention in the way that technology can be applied to enhance the performance of assets in our portfolio, and indeed consider the potential disruption of new technologies to our long-term investments. We are excited that Peter has joined the team, given his impressive track record of innovation and the latest applied thinking to support our growth.”
