Netherlands-based cooperative bank Rabobank today announced today the launch of a new North American renewable energy team, including the appointments of new senior bankers and energy transition-dedicated analysts.

Rabobank said that the new team, which now includes 30 professionals focused on the energy transition, will help fuel its broader growth and sustainability strategy in North America.

Greg Hutton, Head of Project Finance and Energy Transition Strategy in North America at Rabobank, said:

“We are creating a center of excellence exclusively focused on financing the energy transition. Accelerating the shift toward cleaner energy sources around the world is a critical component of our growth strategy.”

The new appointments include Joshua Dale as Managing Director and Head of Energy Transition Coverage for North America, and Jon Castaldo as Managing Director, Energy Transition Coverage for North America.

Dale’s appointment marks a return to Rabobank, after serving as Managing Director, Renewables for Project Finance & Infrastructure for CIBC Capital Markets. Prior to joining CIBC, he worked in leadership roles in renewable energy project finance for Rabobank.

Castaldo joined Rabobank in 2019 from structured finance-focused consultancy firm Broad Bridge Capital, and has more than 20 years of experience across corporate finance, structured credit, real assets, project finance and tax equity.

Rabobank said that Dale and Castaldo will be focused on providing financing options and developing new products for companies in the renewable energy value chain, existing Rabobank clients and the broader sustainability sector.

Additionally, Rabobank announced the appointment of its first RaboResearch analysts dedicated to the energy transition movement, including Nina Fahy as Executive Director and Senior Energy Transition Analyst, and Amit Mathrani as Energy Transition Specialist.

David Bassett, Head of Rabobank Wholesale Banking North America, said:

“We specialize in financing critical economic, environmental and societal transitions—from food to energy—that will help create a more sustainable future. And, in North America, our strategy is clear: To grow the companies that feed and power the world.”