Citigroup is building out a team of dealmakers in Europe to focus on advising companies on the ‘megatrend’ of transitioning to clean energy, which is expected to provide a lucrative line in fees over the coming years.

Marie-Christine Olive and Philip ten Bosch have been named co-heads of the natural resources and clean energy transition group at Citigroup in Europe, the Middle East and Africa, according to an internal memo seen by Financial News.