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(RNS)
2009-09-01 07:12
Helius Energy Plc - Directorate Change |
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RNS Number : 1430Y Helius Energy Plc 01 September 2009 1 September 2009 Helius Energy plc Change of Directorate The Board of Helius Energy plc (Helius) today announced that Dr Adrian Bowles, currently Helius' Technical Director, will replace John Seed as Chief Executive Officer of the Company, with effect from 1 September 2009. Mr Seed will remain on the Board as a non-executive Director. Dr Bowles has been on the Board of Helius since its inception in 2004 and its admission to AIM. He is a Chartered Engineer and holds a PhD in fluid mechanics; he has specialised in renewable energy and sustainable energy project development and implementation. He has considerable experience in corporate and project finance, contracting and contract negotiation. He is a member of the Energy Institute. Keith Henry, Helius' Chairman said: "John's contribution to Helius Energy has been immense and I am delighted that he will continue to contribute to the Board as a non-executive Director. Adrian has been central to the Company's development and his experience in building and design engineering projects will be invaluable as we move forward into design and plant construction."
For more information please contact:
Adrian Bowles, Chief Executive Officer Alan Lyons, Finance Director
Louis Castro Anu Tayal
Ken Cronin Kate Hill Alex Gowlland Notes to Editors: About Helius Energy Helius Energy plc was established to install and operate Biomass fired renewable electricity plants and to take advantage of associated business opportunities in accordance with its Earth to Energy strategy. This delivers a sustainable business and includes integrated biomass feedstock supply chains and co-product utilisation. Such developments will help to meet the Government's targets for renewable energy and climate change mitigation. To achieve its strategy, Helius has assembled a skilled management team with significant knowledge and expertise in the energy, manufacturing, biomass, engineering and agribusiness sectors. Helius is targeting sites where the availability of the feedstock is optimised. For its larger projects this means access to appropriate transport links while its GreenSwitch plants are designed to make use of readily available feedstock to generate electricity and heat for both onsite use and export to local markets and the electricity grid. Its award winning GreenFields technology also integrates with processes such as brewing, distilling and food processing to maximise the potential of valuable process co-products for energy and other uses. This information is provided by RNS The company news service from the London Stock Exchange END
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