Pacific Green Technologies Inc. is pleased to announce the appointment of Iain Lees as Chief Operating Officer effective immediately.
Iain has vast experience in assisting high growth companies achieve their potential. He will be joining PGT from HannawayCA Corporate Finance Limited (HCACF), part of the HannawayCA professional services group. Iain is Managing Director of HCACF; its Chairman is John Hannaway, former President of the Institute of Chartered Accountants Ireland. As Managing Director of HCACF, Iain has been responsible for operations, regulation and risk management, as well as selling, staffing and delivering projects.
Before joining HCACF, Iain was a Director in the Corporate Finance department of PwC for 15 years. He advised on a range of M&A, infrastructure and financing projects and specialised particularly on energy projects, including the financing of Simple Power (wind turbines) and DFD Solar (solar farm), the acquisitions of Viridian/NIE (conventional and renewable generation and supply), Phoenix gas (transmission and supply) and iPower (standby power via diesel generators). Iain also advised on the sales of WarmFill and HEAT (both energy efficiency businesses).
Before joining PwC, Iain was Finance Director of AiM-listed technology company bizzbuild, where he was responsible for financial reporting, audit, treasury, M&A and financial strategy; latterly, bizzbuild’s main subsidiary reported to Iain and he also developed a key role in investor relations. Iain joined bizzbuild just prior to its float.
Prior to bizzbuild, Iain worked in the Corporate Finance team at BT (telecoms & IT), and went on to head the team. At BT, Iain led BT’s acquisitions (aggregate value >$5bn) and investments as part of its geographic and product diversifications. He was asked to join the Joint Venture Boards of BT Ocean (Ireland) and Airtel (Spain), to look after BT’s interest in these early stage/growth companies.
Iain joined BT from Deloitte, where he had been for 10 years. Initially, he trained in the Audit department, moving to Deloitte’s new Corporate Finance team, once he qualified as a Chartered Accountant. Iain is a Fellow of the Chartered Institute for Securities and Investment, and graduated in Economics at the University of Bristol.
Iain is 54 years old and is married with two children, who are studying at university. He is a supporter of the Scotland national teams in Rugby and Football.
Pacific Green CEO Neil Carmichael commented,
“We are proud to welcome a senior executive of Iain’s calibre to the Pacific Green management team. Iain has deep expertise leading key aspects of a variety of organizations including extensive work with energy projects. The Board is confident Iain will play a key role in achieving our growth goals in 2019 and beyond.”