TIDMAEG
Active Energy Group PLC
10 February 2016
10 February 2016
Active Energy Group Plc
("Active Energy Group" or the "Group" or the "Company" or
"AEG")
AEG CoalSwitch Appoints International Industry Executive
as Director of Business Development
AEG CoalSwitch, the recently-announced renewable energy division
of Active Energy Group Plc (AIM: AEG.L), the AIM-listed supplier of
timberland management and development services, industrial wood
fibre and Biomass coal replacement fuels, is pleased to announce
the appointment of Dan Shaw, an experienced industry professional,
as Director of Business Development.
Dan is an entrepreneurial business and new ventures executive,
with more than 25 years' high-level international experience across
the mining, minerals and chemicals industries, during which time he
has gathered a valuable global network of investment, manufacturing
and technology contacts.
His previous positions have included Director of New Ventures
and Corporate Development at Harsco Metals & Minerals, a
division of Harsco Corporation, where he was responsible for
initiating and developing a range of projects globally; and working
with a prominent Middle Eastern investment fund to establish new
manufacturing operations in the metals, energy and advanced
materials industries.
Prior to that he spent several years working as a business
analyst and product and process development manager in the steel,
metals, chemical and materials industries, and acted as a
consultant to firms in the metals, IT services and industrial
processing sectors.
Dan holds a BSc (Hons) in Applied Chemistry 1st Class and an MBA
(Commendation) in International Business from Bristol University;
and is the inventor of two US patents for metallurgical recycling
technologies. He is a UK citizen, currently based in the US.
Working with the existing US- and UK-based business development
team at AEG CoalSwitch, his role will include negotiating with
international power generation utilities and raw material feedstock
owners to further develop the commercial opportunities for the
company's Biomass-derived coal replacement fuel technology, which
has generated enormous international interest since it was
announced in September 2015.
Commenting on Dan's appointment, Richard Spinks, CEO of Active
Energy Group Plc, said "My colleagues and I have known and worked
with Dan over the past few years, and are delighted that he
recognises the huge opportunity for AEG CoalSwitch's 'drop-in' coal
replacement fuel and has agreed to be a part of the company's
commercial development. We're confident that Dan has the industry
knowledge and experience to ensure that AEG CoalSwitch enters the
energy mainstream and is adopted worldwide, realising its potential
as the first renewable energy fuel that can be utilised in
coal-fired power stations without requiring retrofitting or
facilities conversion."
- ENDS -
ABOUT ACTIVE ENERGY GROUP PLC:
Active Energy Group Plc is a London Stock Exchange AIM-quoted
company (AIM: AEG.L). Headquartered in the UK, it is a
fast-expanding international business that has experienced
exceptionally strong growth and diversification into complementary
industry sectors since the current management team assumed
responsibility in mid-2012.
The Group has considerable expertise across the entire timber
industry supply chain - from forest to factory and fuel.
Its three trading divisions, which operate as independent
business units but work together to optimise resources and
opportunities, are focussed on providing environmentally-sensitive
solutions to specific global market sectors:
-- AEG TimberLands: Forestry Asset Management and Development
-- AEG WoodFibre: Industrial Wood Fibre for Medium-Density Fibreboard (MDF) Manufacturing
-- AEG CoalSwitch: Advanced Biomass Coal Replacement Fuels and Fuel Processing Systems
Active Energy Group Plc operates from four international
locations:
-- Ukraine, where it is the largest producer and exporter of
wood fibre for the Turkish MDF manufacturing sector.
-- Canada, where it has entered into a joint venture with
several indigenous Métis Settlements to commercialise in excess of
300,000 hectares of their lands, which contain valuable forests and
natural resources.
-- The United Kingdom and United States of America, where it
develops advanced Biomass fuels and fuel processing systems that
convert waste wood and industrial/agricultural residues into coal
replacement feedstock for clean energy power generation in a joint
venture with Biomass Energy Enhancements LLC.
Active Energy Group Plc is led by a highly experienced
management team, supported by forestry, timber processing and
renewable energy experts within its trading divisions. All possess
a proven track record in the industries and regions in which the
company operates and from which its revenues are generated.
The Group has grown significantly in recent years, and has
established a firm foundation, excellent reputation and
international customer base upon which to deliver lasting value to
all stakeholders.
WEBSITE: LINKEDIN: TWITTER:
www.active-energy.com www.linkedin.com/company/activeenergy www.twitter.com/aegplc
(@aegplc)
ENQUIRIES:
Active Energy Group Plc
+1 610 613
Dan Shaw dan.shaw@active-energy.com Intl.: 8725
Director of Business Development, +44 (0)7480
AEG CoalSwitch UK: 842 637
+39 344 111
Richard Spinks richard.spinks@active-energy.com Intl.: 6071
Chief Executive Officer, Active +380 503
Energy Group Plc Ukraine: 942 702
+972 (0)54
Mark Broomer mark.broomer@active-energy.com Intl.: 575 3091
Corporate Communications, Active +44 (0)7703
Energy Group Plc UK: 18 88 18
This information is provided by RNS
The company news service from the London Stock Exchange
END
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