who we are
our story
Our consultants come from both industry and established consultancies. What unites us is our passion and drive for supporting the energy transition and the shift to a more sustainable environment.
We realised there was a need for a consultancy with strong energy and chemicals sector origins, who provide a track-record of delivering proven methodologies with the best subject matter experts.
Our team wants to create a customised proposition for our clients, which is both flexible and collaborative, forging links to the best knowledge and insight in the market.
Our story, just like the industry we serve, is rapidly evolving. We would love to hear from you should you require independent insight, wish to partner with us or even join our team.
our story
Our consultants come from both industry and established consultancies. What unites us is our passion and drive for supporting the energy transition and the shift to a more sustainable environment.
We realised a need for a consultancy with profound energy and chemicals sector origins, who provide a track-record delivering proven methodologies with the best subject matter experts.
Our team want to create a customised proposition for our clients, which is both flexible and collaborative, forging links to the best knowledge and insight in the market.
Our story, just like the industry we serve, is rapidly evolving. We would love to hear from you should you require independent insight, wish to partner with us or even join our team.

our team
We are leaders in the provision of strategic advice and due diligence services to support M&A and project finance in the energy transition, infrastructure and chemicals industries.
A team that has advised on over $100 billion of investments advising corporate and private equity clients on both commercial and technical due diligence as well as ESG advisory.
Our approach is spread across our three different areas of expertise including commercial, technical and ESG.

Edward Middleton
Director
His advisory experience includes strategy and corporate development, operational improvement, decarbonization and chemicals circularity strategies, technology-driven transformations and new business development.
Prior to joining etasca he was a Partner in KPMG’s energy team and before that he worked at ADNOC in its Refining and Petrochemicals Asset Management team supporting its global joint ventures.
Ed is committed to ensuring etasca gives our clients the best advice and that etasca is a positive force for its employees and other stakeholders driving the energy transition.

Andrew Inglis
Director
He has deep expertise in the energy transition with recent experience supporting investors in e-fuels, energy storage, bio-fuels, recycling, battery materials and CCUS. He has led numerous multi-billion dollar due diligence projects globally.
Prior to joining etasca he was VP at Nexant leading and coordinating the energy and M&A teams. He is a chartered engineer and has seven years of operational and management experience with INEOS and BP.
He has a passion for positive change within the energy and chemicals industry and is an advocate for collaboration.

Matthew Porter
Director
Matt is a Director at etasca providing advisory services to the energy transition and chemical industries in the Americas. He has more than 15 years of experience in commercial and technical consulting within industry, and specialises in M&A transactions and project finance support.
Matt has extensive expertise in conducting market assessments, competitiveness benchmarking, O&M and technical benchmarking analyses.
He has also brought more than $15 billion in project finance to close, in addition to providing on-going stewardship to various others as the independent engineer. His portfolio of projects has ranged from green hydrogen, power-to-X, renewable diesel, and alternative leather through to sustainable polymers and specialty chemicals.
Prior to joining etasca, he was a Managing Consultant at Nexant where he led the M&A transaction support initiative in the Americas. Matthew received both his B.S. and M.S. in Chemical Engineering from Manhattan College.
Matt is committed to providing our clients in the Americas and globally with the best advice as they navigate the energy transition.

Dr Andy Ballard
Director
Andy is a Director at etasca advising clients across the energy and chemicals sectors. He has nearly 15 years of experience leading commercial, technical and environmental due diligence on major capital projects and acquisitions globally.
He is an experienced project finance advisor advising on multi-billion dollar investments for export-credit agencies, development banks and commercial lenders.
Alongside project finance, Andy also has extensive experience providing advisory support for M&A transactions; conducting market and feasibility studies as well as undertaking technology reviews and benchmarking studies.
Prior to joining etasca he worked for Nexant, where he most recently led the firm’s project finance advisory activities, as well as heading activities across the Africa region. He has a PhD in Chemistry from the University of Cardiff, and previous industry experience.

Jun Goh
Director
Jun is a Director at etasca focused on client engagement delivery. He has over 15 years of consulting experience advising clients in chemicals and the energy transition sectors, focusing on commercial, technical and environmental due diligence.
He is a leading expert in techno-economic analyses, including the development of market (supply/demand) and pricing forecast models and detailed cost of production/cost-curve modelling. In addition, he has carried out numerous environmental due diligence assignments and LCAs on numerous products within the energy and chemicals value chains.
Jun has a passion for all things sustainable – from biofuels to e-fuels, biopolymers to plastics recycling, bio-based chemicals to low carbon intensity chemicals and everything in between.
Prior to joining etasca he was a Project Manager in Nexant, and he graduated as a Chemical Engineer from Imperial College London. He is fluent in English, Chinese and Malay.

Harry Morton
Associate Director
He is experienced providing commercial and technical due diligence to support M&A and has advised multiple clients on corporate strategy – covering market entry, capex allocation and business plan development. He has many years of experience undertaking financial and techno-economic modelling across the energy and chemicals value chains – including price and demand forecasting and cost-curve modelling.
Prior to joining etasca, Harry was the Head of Low Carbon Molecules at consultancy Gemserv and before that he was a consultant at S&P Global. He holds a first-class Chemical Engineering degree from the University of Sheffield.

Emma McFarlane
Business Development Lead, EMEA
Before joining etasca, she worked for several of the world’s largest energy companies including British Gas, Texaco, Chevron and Centrica – supporting their upstream strategies, acquisitions and sale/exports of oil in the FSU region. She also previously worked for a leading energy simulation software modelling firm, examining the impact of the energy transition. Emma has considerable experience in the biofuels and hydrogen markets.
Emma speaks Russian and several European languages fluently and is passionate about sustainable industry development and zero emissions.

Tony Regan
Transition Fuels Lead
Tony leads etasca’s transition fuels offering. He has 40 years of experience in industry (Shell) and as an energy advisor.
He has extensive experience working with lenders and financial institutions in M&A, project finance and IPOs. Prime focus over the last 25 years has been on biofuels, base oils, aviation fuels, marine fuels and hydrogen and LNG. He has also covered gas optimisation, transportation and infrastructure (storage, terminals & pipelines).
Tony has led strategic options reviews, due diligence, screening studies, feasibility studies, technology appraisals and project benchmarking, project design, detailed business cases and supply/demand and price forecasts.

David Lines
Senior Associate
Prior to joining etasca he was GM at Astra Polymers managing its global manufacturing operations – he also held managerial roles at Ciba.
David brings extensive expertise in the MENA region, having advised numerous major chemicals producers in the area. He holds a BSc in Polymer Technology and is an Associate Member of the Institute of Managers, UK.
David is committed to ensuring etasca gives our clients the best advice and that etasca is a positive force for its employees and other stakeholders.

Andrew Skinner
Business Development Manager, Americas
Andrew is a Business Development Manager at etasca, responsible for generating new sales leads and facilitating growth in the Americas. He has more than 20 years of experience as an M&A consultant focusing on the energy and chemicals sector, with extensive background in acquisition screening, technology reviews, M&A strategy mentoring and project finance.
Prior to joining etasca, Andrew worked for Nexant as the M&A BD lead in the Americas. He also previously managed the growth of a biodiesel and additives producer by originating deal flow and leading acquisitions, divestitures, joint ventures, partnerships, and IP licensing. He has a BS in Chemical Engineering WPI and MBA from RPI.
Andrew is keen on providing customised service to ensure our clients have the right tools and information to optimally execute their energy transition strategies.

Ora Lazic
Business Development Manager, EMEA & APAC
She has deep knowledge of these markets and its trading infrastructure, as well as pathways for the energy transition and sustainability.
Before joining etasca, she worked for global advisory practices, most recently with S&P Global, where Ora was responsible for growing its voluntary carbon markets and hydrogen business.
She is a native Russian and Kazakh bi-lingual speaker, and passionate about contributing to the global energy and materials transition journey.

Brandon Derbyshire
Consultant
Based in the Middle East, Brandon brings a strong understanding of regional markets. He is experienced performing etasca’s core methodologies – including market (supply and demand) and price forecasting as well as cost modelling. He is also experienced conducting market studies and commercial due diligence assignments across the energy and chemicals markets.
Embracing etasca’s vision, he ardently supports the energy transition and circularity in the chemicals sector to secure a sustainable and profitable future for the industry.

Samson Lai
Consultant
His previous industrial experience in chemical and manufacturing plants provides a strong foundation in both technical and operational aspects of the industry.
Samson is fluent in Mandarin and Malay and holds a first-class MEng degree in Chemical Engineering from Imperial College London.

Benjamin Ho
Consultant
He has the essential programming skills needed to analyse complex data and to develop robust supply and demand forecasts and cost of production and market price modelling. Benjamin’s previous professional experience included working for a leading investment management firm and an oleochemical manufacturing plant.
He holds a MEng in Chemical Engineering from Imperial College London.

Sahil Mahindrakar
Consultant
He is experienced developing rigorous techno-commercial analyses – including market (supply and demand) and pricing forecasts as well as cost of production/cost-curve modelling.
With a strong foundation in project finance and infrastructure engineering, Sahil’s experience spans technical, operational and commercial aspects – drawing from hands-on exposure to industrial processes.
Sahil holds a Master’s degree in Infrastructure Engineering and Management from the University of Surrey and a Bachelor’s degree in Civil Engineering.

Zen Wong
Consultant
Zen brings strong analytical skills, with experience in developing supply and demand forecasts, cost of production models, and market price assessments. His previous professional experience at a consulting firm has also equipped him with a solid foundation in the commercial aspect of the industry.
Zen is fluent in Mandarin and holds a First-Class MEng degree in Chemical Engineering from Imperial College London.

Helen Russell
Equator Principle & SDD Independent Associate
Helen is a consultant social advisor to Etasca, deployed for specific projects. She has over 25 years of experience supporting project finance engagements using the Equator principles
Her due diligence experience has focused on the renewable energy, oil & gas and mining industries. She specialises in social and environmental due diligence and has an extensive network of associates to execute ESG coverage for most large-scale projects.
She is also an advisor to the World Bank Group’s Eastern and Central Asian Department. She has 8 years of experience working with the UK’s Department for International Development (DFID) and for their Export Credit Agency (UK Export Finance).

Robert Spence
Environmental Specialist
Robert has 25 years of environmental consulting experience, working internationally and in the UK. Robert was previously resident in the Sultanate of Oman and the UAE where he consulted on turnkey solutions for environmental and social impact assessments.
Robert is highly experienced in the provision of environmental and social due diligence reviews, procedures and management systems, and Equator Principle alignment for major energy and chemical projects.

Kyle Chou
Marketing Manager
Kyle is our Marketing Manager at etasca, helping our message get out. Kyle has a degree in business management with a focus on marketing.
Kyle’s passion for creativity and strategic thinking drives him to deliver engaging content and cultivate a vibrant online community around the etasca brand.
etasca’s expert network
etasca is supported by a team of over 40 subject matter experts (SMEs) who have deep experience in commercial, technical and ESG roles across the chemical and energy transition value chains.
etasca’s expert network
etasca is supported by a team of over 25 leading commercial, technical and ESG specialists with many years of experience across the chemicals and energy transition value chains. All our partners have previous experience working in industry and are leaders in their respective fields. We have worked with these experts for many years and this collaboration model ensures that etasca’s clients have access to the most current and deepest market insights.
explore our values 
explore our values 
Partnerships – the key to pushing doors open
We treat all our clients as partners, fostering long term relationships. In addition, unlike other consultancies, we give all our employees a share of the company to make them feel part of our etasca family.
London in our heart
etasca has global reach from its base in the financial district of London. Our experts have worked on projects in over 84 countries
New York in our soul
etasca’s U.S. team supports clients in the financial district of New York and beyond. Our experts have supported projects across North, Central and South America
Addressing climate change
We all know that the energy transition needs to accelerate but what are we doing about it? etasca can help re-position your business for the immediate challenge ahead
Confidentiality is king
We know that confidentiality is business critical. We have robust data security procedures and are working towards ISO 27001 compliance. We can operate under etasca NDA conditions or can review yours
Quality
We understand the best marketing is to do a great job so that’s where we place our attention
Independence
Clarifying the confusing
We pride ourselves in being able to digest complex issues making them easy to understand
Sustainability at our core
We work on projects that make a positive difference to the planet aiming to strategically align with the UN’s Sustainable Development Goals
Walk and talk
Our conversations should not all be office bound. Neither should all conversations be about work. Sometimes our etasca team just go for a walk together – we’d love to have you along

work with us
The energy transition requires collaboration and expertise from a wide range of disciplines – as well as a lot of manpower!
We are rapidly growing leaders in the provision of advice to the energy and chemical industries as they adapt their commercial strategies and operating assets to meet the demands of the energy transition. We are looking for commercial, technical, environmental and policy experts who are passionate about the energy and chemicals industries and energy transition.
Please email us at contactus@etasca.com with your C.V. and a few words on how you think you can support our clients to succeed in this exciting yet complex landscape.
Come and be part of the energy transition in one of the fastest growing consultancies where we take professionalism as seriously as friendship.