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Glenn Stone appointed new head of infrastructure at Grant Thornton US

Glenn Stone,  Project Finance partner at  leading business and financial adviser Grant Thornton UK LLP, has been appointed the new Head of Infrastructure at the Grant Thornton member firm in the US.

Based in Washington D.C. Glenn will lead on the development of US infrastructure projects with a particular focus on transportation and the exploration of high speed rail, to help build on the US green agenda. Glenn will takes up his new post in January 2010.

As a partner at Grant Thornton UK for over 10 years, Glenn helped build the firm's presence in the infrastructure arena while helping to grow a network of  project finance expertise globally. In his current role as Project Finance partner and Global Head of Project Finance for Grant Thornton, Glenn has a focus on supporting infrastructure initiatives and helping to prepare projects for investment.

Speaking on his new role, Glenn says: "I am excited and delighted with this new appointment and look forward to building on my expertise in supporting on infrastructure projects. This position comes at time where US infrastructure, which has lacked  investment over a long period, is now a priority area. With support from the 'Re-building America' programme and funds from the US's Government's stimulus package as part of its recovery programme from the recession, there is a huge potential to significantly expand and improve in this area.

"UK infrastructure may be seen as more of a mature market with a plethora of funding  project finance initiatives in place. That in the US however, is still in its infancy and has great potential for growth, particularly in sectors such as housing and education where there is also a need for significant investment."

Karl Eddy, Head of Government Infrastructure Advisory  in the UK says: "Glenn's relocation to the US will cement our position as the pre-eminent advisor on International infrastructure and is a crucial step in fulfilling our ambition to create a global infrastructure business."

For further information, please contact:
Stephanie Aneto, Grant Thornton press office, tel: 020 7728 2940 or email: stephanie.aneto@gtuk.com