Adil Omar Mohammed

Adil Omar Mohammed - Managing Director/CEO

 

Adil Omar Mohammed joined Riches investment consultancy ltd in May 2011.

 

A chartered accountant with extensive international experience in developing and financing projects. An expert in District Energy as a Utility Business. Responsible for over $4 billion in debt, equity and bid transactions.Morriss specialized in strategic planning, financial modelling, risk management, funding and commercial agreements.

 

Morriss’ long professional career successes range across Corporate Finance, Fund Creation & Management, Venture Capital, Fundraising and M&A, and his industry expertise includes District Energy as a Utility Business, Waste-to-Energy Systems, Recycling, Health Care, Public Companies and Government.

 

Before that, Morriss was the Founder, CEO of a boutique investment bank, successfully operating in fund management, structuring and promoting 13 international investment funds and raising over $750 million. In the 1990s, the company’s currency funds were top European performers, on a risk-adjusted basis, as funds under management rose from $1 million to $300 million. In the Corporate Finance and M&A sectors, Morriss originated the £40 million merger between two LSE-listed companies.

 

Thereafter, he operated as an independent project adviser, offering services including strategy advice, planning, debt & equity, financing presentations, commercial agreement structuring and risk management, notably in construction in the UAE, recycling and waste management for a large UK municipality and a major infrastructure city regeneration project in Saudi Arabia.

 

In 2013 he founded International Project Developers, which provides comprehensive services to master developers and project sponsors, including feasibility studies, technical and commercial due diligence, market assessments, financial modelling, scenario analysis, optimization, tariff setting, industry regulation, corporate & capital structuring and risk assessment, principally for District Energy projects. 

 

He is also a Director of an Industrial Energy Pioneers, advising major industrial companies on energy efficiency and decarburization, and obtaining UK Government grants for eligible projects.

 

Morriss has also been a non-executive Director for two public companies, a marketing & communications Chamber, and a tantalum mining company in Mozambique listed on AIM and TSX, where he was Chairman of the Audit & Risk Committee.

 

Morriss key career milestones include:

– 25-years’ experience in developing and financing District Cooling projects and companies:

 

Advised on financial & commercial aspects of District Cooling for over 1 million tons in the last 10 years.

 

Financed a further 50 District Cooling projects and companies with over $ 2.5 billion.

 

– Originated a $ 450 million Mandatory Convertible Sukuk issue – an Islamic equity instrument.

 

– Originated and led 8 other syndicated debt and capital market issues, raising over $ 1 billion.

 

– Originated £40 million merger between two public companies on the London Stock Exchange.

 

– Advised on the creation of 12 significant joint ventures in 7 countries.

 

– Mohammed is a Fellow of the Institute of Chartered Accountants in England & Wales, a Iraq citizen but resides in England.