About IEEF

The €75 million Ireland Energy Efficiency Fund was established in March 2014 to deliver energy efficiency projects across the Irish public and private sector. Sustainable Development Capital LLP was appointed as investment advisor to the IEEF following a competitive procurement process run by the NTMA and Department of Energy, Communications and Natural Resources.

Investment Advisor - SDCL

Sustainable Development Capital LLP is a leading global energy efficiency investment fund manager and advisor, operating government backed investment funds in Ireland, UK (Green Investment Bank), US (New York Green Bank) and Singapore (Economic Development Board). SDCL has proven expertise in structuring, financing and managing energy efficiency projects that deliver ongoing operational cost savings and carbon emission reductions as well as facilitating equipment upgrade and improvements to productivity for Clients.


David Hourihane

Managing Director, SDCL Ireland

David heads up SDCL’s Irish investments business, having opened our Dublin office in September 2013. Prior to joining SDCL, he was recognised as one of Ireland’s foremost cleantech lawyers and, as a former partner in a number of top law firms, worked with leading clients in the energy, energy efficiency and cleantech sectors.

Aine Shaffrey

Director, SDCL Ireland

Aine joined SDCL from Europe’s largest cleantech investment group and has a background in investment banking and equity capital markets. Aine has a deep knowledge of the energy efficiency and renewable generation sectors.

Tess Grieshaber

Office Manager, SDCL Ireland

Tess joined SDCL in May 2017 as Office Manager. She has worked across many sectors to include, Office Management, Event Management and has extensive experience as an Executive Assistant. She completed a Bachelors Degree in Communication Science and also holds a PRISA qualification in Public Relations and Event Management. Tess is the first port of call should you wish to get in touch with the company or want to contact a member of the team.

Brian Hastings

Investment Manager, SDCL Ireland

Brian joined SDCL in 2015 and is an Investment Manager and qualified Chartered Accountant. Brian trained with KPMG and has worked in the energy and construction industries in both Ireland and Australia.

UK Coverage

Jonathan Maxwell

CEO, Sustainable Development Capital LLP

Jonathan co-founded SDCL and is its CEO. He has 17 years’ experience in international financial markets, involving investment in infrastructure, real estate, private equity and listed securities. He launched SDCL’s energy efficiency business and contributes to government initiatives on energy efficiency in the UK and overseas.

Purvi Sapre

Senior Investment Manager, Sustainable Development Capital LLP

Purvi has over 10 years investment experience in the UK and across a range of financing structures, including senior debt, mezzanine and equity. She has transacted and managed assets across a number of renewable energy including solar, wind, energy efficiency and hydro projects, in both the UK and emerging markets. Over the past twelve months, Purvi closed nearly £1bn of solar financing transactions. She is IMC qualified and hold a Master’s in Chemical Engineering with environmental technology.