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IBNE announces leadership changes with Matt Appleton as CEO & William Andrews as CSO
Infra Balance New Energy (IBNE) is pleased to announce the appointment of Matt Appleton as Chief Executive Officer (CEO), effective immediately. This decision marks a pivotal moment in IBNE’s growth journey, bringing an enhanced focus on strategic partnerships and long-term expansion within the renewable energy sector.
Since joining IBNE in September 2023 as Group Chief Financial Officer (CFO), Matt has demonstrated significant leadership and expertise. With over 20 years of experience in the European private equity industry, Matt was previously a Partner at DH Private Equity Partners (formerly Doughty Hanson), where he managed high-profile investments across industries in both the UK and Europe, including roles with the Moeller Group, Zobele, and TMF Group. A Chartered Accountant (ACA) qualified in 2000 with PricewaterhouseCoopers, Matt’s experience spans both London and Frankfurt, reinforcing his strong financial and operational expertise. Before IBNE, he served as Group CFO at a global regulatory services provider headquartered in Switzerland, guiding them through complex financial landscapes.
William Andrews, who founded IBNE in 2021 and has served as its CEO since inception, will transition to the role of Chief Strategy Officer (CSO). William’s experience in managing diverse teams in capital-intensive industries is extensive, with over 23 years leading large-scale projects within the UK energy sector. His background includes founding and leading an engineering, procurement, and construction (EPC) company that delivered renewable heating, wind, and solar projects nationwide. In his new role as CSO, William will oversee strategic partnerships and project development, driving forward IBNE’s mission to create sustainable energy solutions for the future.
This leadership transition aligns with IBNE’s ambition to become a leading innovator in renewable energy storage and strategic energy infrastructure, with Matt Appleton and William Andrews steering the company’s growth in their respective roles.
Notes to Editors
About Infra Balance New Energy
IBNE is a commercially responsible energy company that is capitalising on exponential growth in supporting the transition to net zero, enabling renewable deployment. We are at the forefront of this transition with our flexible generation potential and are currently developing more than 500MW of assets with another 1.5GW under appraisal.
To become and remain the premium provider of flexible and dynamic power solutions we have formed several non-exclusive strategic relationships with leading providers of the industry’s ecosystem, including Electricity North-West Construction and Maintenance (ENWCML), Fluence, Statkraft, and continue working similarly with others.