Appian Restructures Brazilian Operations for Growth
People | Feb 10, 2025 | Appian Capital Advisory

Appian Capital Advisory LLP, a prominent investment advisor focusing on metals, mining, and adjacent industries, has announced a strategic restructuring of its Brazilian operations. This involves key management appointments aimed at optimizing its portfolio companies and driving new growth opportunities. The restructuring sees notable figures like Ignacio Bustamante managing Atlantic Nickel and Milson Mundim appointed as CEO of Omnigen Energy to oversee solar projects. A new Head of Critical and Industrial Minerals will also be appointed to further integrate and leverage operations across Appian’s portfolio. These changes aim to support Appian’s clean energy initiatives and decarbonization goals, particularly in Brazil. The restructuring coincides with the anticipated departure of Paulo Castellari, whose leadership brought significant projects into production. The adjustment seeks to enhance asset performance, optimize operations, and sustain Appian's growth trajectory globally.
Sectors
- Metals & Mining
- Renewable Energy
- Investment Advisory
Geography
- Brazil – The restructuring and new management appointments are focused on Appian Capital's operations in Brazil.
- South America – As part of its broader geographic footprint, Appian operates across South America, with Brazil being a key location for its operations.
Industry
- Metals & Mining – The article centers around Appian Capital Advisory's involvement in the metals and mining industry, particularly its management of various mining assets in Brazil.
- Renewable Energy – Appian's focus on solar projects through Omnigen Energy highlights its commitment to renewable energy and decarbonization efforts.
- Investment Advisory – Appian Capital Advisory functions as an investment advisor, guiding private capital funds in metals and mining sectors.
Financials
- 62.4MWp – Total capacity of Omnigen's 20 solar power plants in Minas Gerais.
Participants
Name | Role | Type | Description |
---|---|---|---|
Appian Capital Advisory LLP | Investment Advisor | Company | An investment advisor focused on long-term value in metals, mining, and adjacent industries. |
Ignacio Bustamante | Head of Base Metals | Person | Newly appointed to manage Atlantic Nickel, brings experience from Hochschild Mining. |
Milson Mundim | CEO of Omnigen Energy | Person | Appointed CEO of Omnigen Energy to lead Appian's solar projects. |
Paulo Castellari | Outgoing CEO of Appian Capital Brazil | Person | Played a key role in restarting operations at Atlantic Nickel and led several project developments. |