Santiago Gil y Gil has departed from his head of venture capital role at Spain-based gas utility Enagás and joined financial services firm Santander, leading a new renewable energy-focused venture capital fund.
The new fund, called Santander Innoenergy Climate VC II, is a continuation of work the bank has been doing with its partner, EIT Innoenergy, the climate innovation arm of the European Institute for Innovation & Technology, since April.
Gil had been head of corporate venture capital at Enagás from February this year until last month, prior to which he was portfolio and investment manager since late 2018, and business analyst for four years before that.
He had previously served stints as management controller at Jazztel, financial controller at Vodafone and a strategy and operations consultant for TMT at Deloitte.
Santander and EIT InnoEnergy’s long-term agreement is set to support green energy initiatives across Europe. Areas of focus under the agreement include renewable energy, green hydrogen, energy storage and clean fuels.
