JLL Valuation Advisory hired structured finance specialist John Oates to join its renewable energy valuation team as a managing director to help build out the firm’s infrastructure platform.

Based in Tampa, FL, Oates will report to Mike Bammel, managing director and national head of the renewable energy valuation team at JLL Valuation Advisory. The renewable energy valuation team is part of the infrastructure group led by managing director David Dominy.

“John brings a wealth of experience, a solid reputation and leadership skills in providing renewable energy sector valuations that will contribute to helping us grow our infrastructure platform,” Bammel said. “We are excited to welcome a professional of John’s caliber and experience, and I’m personally thrilled to get to work with him again and collaboratively build our structured finance practice.”

At JLL Valuation Advisory, Oates will focus on business development and renewable energy structured finance transactions, which involve how projects are financed and combine tax equity, equity and debt. He will also specialize in and consult on various types of energy projects, including solar, onshore and offshore wind, geothermal, fuel cell, hydro, bio combined heat and power in addition to carbon capture storage and utilization appraisals and cost segregations supporting tax credits.

Oates has nearly 50 years of experience in structured finance, primarily with sale-leaseback valuations, including pioneering valuations of facility leases for automobile manufacturing plants and suppliers; steel mills; oil, gas and chemical assets; semiconductors; and power plants, including coal, gas, nuclear and renewable energy facilities. He previously co-founded a lease valuation specialty firm in New York City.

“I look forward to contributing my valuation expertise to help build the renewable energy practice,” Oates said. “Joining a world-class organization like JLL provides us with the tools and technology to continue to grow this service line and provide unmatched service to our rapidly expanding client base.”

JLL Valuation Advisory added the renewable energy valuation platform to its services last fall. Due to increased client demand, the company plans on hiring more people in the near future.