Our Team is based in the region, with international and local experience from developing, financing, building and operating renewable projects, to design, manufacturing and maintenance of wind turbines.
Olivier is the CEO and co-founder of The Blue Circle. Prior to establishing The Blue Circle, he was the President of Nature Energies Photovoltaique between 2009 and 2011, which built a rooftop solar portfolio of 20MWp. Before that he founded Societe Francaise d’Eoliennes (SFE), the number one French wind IPP, in 2001. Here he held the position of CEO and Chairman until the time of exit in 2007 to the Italian utility company, Sorgenia Group. By this time the company had 125MW of wind projects and 20MW of hydro projects in operation and a total development pipeline of 1,000MW of wind projects in continental France and overseas territories.
Olivier holds a Master in Law from Université Panthéon-Assas (Paris II) and an MBA in Finance from Université Paris-Dauphine.
Jeff is the CFO and co-founder of The Blue Circle. Prior to establishing The Blue Circle, he was the founder of GreenAsia Capital Advisors, a boutique Investment Advisory firm focussing on renewable energy and environmental sectors in Southeast Asia, with a focus on Thailand, Cambodia and Vietnam. He was also Manager at KPMG Infrastructure Advisory team in China, where he advised infrastructure funds and corporates on their project finance transactions, including a total of more than 500MW of wind projects in China, Thailand and the USA.
Jeff holds a degree from Bordeaux Business School (France) and a Master in Finance and Accounting Management (DECF).
Prior to his position at The Blue Circle, Gilles was Senior Wind Engineer for Windlab from 2008 to 2012 and also managed the technical support team for Windlab project developments in Australia, South Africa and North America. As part of his position, he was responsible for wind data analysis, turbine layout and energy yield calculations as well as in charge of relationship with partners and suppliers.
Before his experience at Windlab, he was Export Sales Manager for Siemens A&D (MD) managing the African sales department and Project Manager for GDF-Mexico.
Eric is the Chief Construction Officer of The Blue Circle. He brings more than 20 years’ design and project management experience across Africa, the Middle-East and Asia as project director and owner's representative. Prior to joining TBC, he developped and achieved a wide range of large building and infrastructure projects, such as hospitals, universities, airports, museums or industrial plants with multi-cultural teams.
He was previously the Area Director of Asia for Egis Group. Eric is strongly experienced in energy production and distribution as he was Director for design and works supervision in Engie Group.
Eric hold an Engineering diploma from the Ecole Superieure d'Electricité (SUPELEC) and an executive MBA from the Ecole Supérieure de Commerce de Paris (ESCP)
Andrew has 25 years of asset management and investment banking experience in the Asian region, and has specialised in renewable energy investments for the last eight years. Today he is the Founder and Managing Partner of Armstrong Asset Management and also the co-Chair of the Climate Markets Investment Association (“CMIA”) Asia chapter, a trade association acting as a conduit between the public and private sectors to promote greater investment in climate change mitigation solutions.
He was formerly the CEO of Low Carbon Investors Ltd, a dedicated global clean-energy fund management group with over USD 300 million under management. Prior to joining Low Carbon Investors, he was responsible for fund management at Devonshire Capital, a firm he co-founded in Asia in 1995.
Andrew holds an MBA in Finance from the University of Leicester, UK.
Philippe was the Chief Executive Officer of ING Group Retail and Private Banking for Asia until 2009 and has been board member and Chairman of the Executive Committee of the TMB Bank since 2008. Having subsequently worked for JP Morgan Securities as Managing Director in Tokyo, London and Hong Kong, and for the Bruxelles Lambert Bank in Brussels, Philippe joined the ING Group in 2000 and served as Chief Executive Officer of ING Baring in London before heading the ING Private Banking Unit in Amsterdam and ING Retail and Private Banking Asia in Singapore from July 2005 to November 2009. He is also a member of the Board of different asset managers based in Singapore in addition to his position at the TMB Bank in Bangkok.
Philippe has a Master of Business Administration from Columbia University and an Engineering degree from Ecole Nationale de l’Aéronautique et de l’Espace in Toulouse.
Buranawong has over 28 years of experience in the energy sector, having served in various management roles for ExxonMobil Corporation. He joined Esso (Thailand) Public Company Limited in 1985 to become Finance Manager in 1989. In 1995, he led a project team to transform Esso (Thailand) PLC to become a public company listed on the Bangkok Stock Exchange. After serving in the USA and Singapore for the ExxonMobil Group, Buranawong returned to Thailand in 2002 to become Esso (Thailand) PLC Controller. He retired in 2013 after holding a management position in ExxonMobil Global Services Company in Houston and being Director of ExxonMobil Limited.
Buranawong graduated from Chulalongkorn University and holds a Doctorate in Industrial Engineering from Texas A&M University.
Varabott has more than 20 years work experience in the banking & finance industry across Europe and AsiaPacific, with an extensive international exposure to large scale Investment Management, Hedge Funds, Private Equity, Bancassurance and Corporate Advisory missions.
Before joining the Association of Banks in Cambodia, as IBF General Manager, he worked in major European financial institutions such as Credit Suisse, Aberdeen Asset Management, AXA and Messieurs Hottinguer & Cie Banquiers. He holds an MBA from the University of Chicago Booth School of Business and is a certified EFFAS Financial Analyst.
Armstrong Asset Management is an independent asset manager, based in Singapore, focused on the clean energy sector in Southeast Asia’s emerging markets. Armstrong invests in the development, construction and operation of utility-scale infrastructure projects and currently has an interest in 26 operating projects across Thailand, Philippines and Vietnam. Managed by a multidisciplinary team of investment professionals, all of whom possess deep sector knowledge and a collective 80 years of Southeast Asia operating experience, Armstrong Asset Management integrates strict environmental, social and governance compliance into its investment process to deliver tangible benefits and reduce risks for all of its stakeholders.
EREN RE is a 100% subsidiary of EREN, founded in 2012 by Pâris Mouratoglou and David Corchia, who both show a significant successful track record in the renewable energy industry. Capitalized with EUR 600 million, EREN Groupe is the first company dedicated to natural resources efficiency, investing in and promoting innovative technologies in the sectors of water, infrastructure and energy.
The Blue Circle Thailand is partnering with EREN RE to bring a portfolio of wind power projects to completion. EREN RE will share, along with The Blue Circle, the project development costs and is positioned to invest up to USD 60 million into wind projects themselves.
Vestas, the world's leading wind turbine manufacturer, and The Blue Circle signed a collaboration agreement to develop a project pipeline across Southeast Asia, with an initial focus on Thailand.
Established in 2003, TSV is Vietnamese corporation involved in several business lines such as renewable energy, real estate, construction and trading.
TSV is the partner of The Blue Circle on two of the wind projects developed by the company in Ninh Thuan Province of Vietnam, the Dam Nai wind project and Phuoc Minh wind project.
Funded by UKaid and the German Ministry for the Environment, SCAF is supporting The Blue Circle in project pipeline development and project development in low and lower-middle income countries in Southeast Asia
The United States Agency for International Development (USAID), under its regional Private Financing Advisory Network-Asia programme (PFAN-Asia), supported the installation of The Blue Circle's first 100 metres met mast in Vietnam.
Adaptability and Realism
Great plans most often stays as great plans.
Going after the greatest renewable resource sites on Earth is most of the time a recipe for delays and disappointment. We believe in making real sustainable development a reality instead of making just great plans.
“We participate only in markets where we can make a significant contribution. We believe in saying no to thousands of projects, so that we can really focus on the few that are truly important and meaningful to us.“ - Tim Cook, Apple Computers
“If I’d asked customers what they wanted, they would have told me, “A faster horse!!”“ - Henry Ford
The Vision of the Renewable Only world of tomorrow is what drives us every day.
People Is Our Best
Invest in training, focus on your human resource, attract and empower the best staff, be part of the community are our core corporate values in line with Socially Responsible Investment guidelines.
Be Part Of The Circle
Circular economy where produced goods are no more discarded and people mainly exchange services at their right price will be the shared values of tomorrow. We will be harvesting Nature’s Energy inside of this holistic world.