Active Energy Group PLC Appointment of Chief Technology Officer (2815D)
20 June 2023 - 4:00PM
UK Regulatory
TIDMAEG
RNS Number : 2815D
Active Energy Group PLC
20 June 2023
20 June 2023
Active Energy Group Plc
("Active Energy" or the "Company")
Appointment of Chief Technology Officer as Active Energy expands
its US operations
Active Energy (AIM: AEG, OTCQB: ATGVF), the international
biomass based renewable energy business, is pleased to announce the
appointment of Barron Hewetson as the Company's Chief Technology
Officer, with effect from 1 July 2023, to focus on the development
of CoalSwitch(R) production in the United States. Barron's role
will initially be in a non-Board capacity.
Barron joins Active Energy from Enviva Biomass Inc. ("Enviva"),
where he has worked since 2016. At Enviva, he has served in a
number of roles, most recently as the Director of Innovation and
Product Management. During his time in that role, Barron
diversified Enviva's production portfolio by negotiating contracts
in new industry sectors and assisted in contract negotiations
totaling over $12.5 billion.
In a previous role at one of Enviva's subsidiaries, Sampson Wood
Pellets ("Sampson Wood") in Faison, North Carolina, Barron served
as both Operations Manager and Quality Manager. With the
operational team, he successfully increased plant production from
below budget to above target and, using both collaboration and
process redesign, he improved Sampson Wood's existing biomass
program, earning Sampson Wood pellets recognition from its
international customers for producing the "World's Best Wood
Pellets."
As Special Projects Leader at Sampson Wood, Barron was also
responsible for the team that designed and implemented a novel
steam injection system. Barron's industry experience in growing and
operating commercial scale biomass energy manufacturing businesses
will be crucial as Active Energy scales up operations in North
America. The Company is already examining expansion opportunities
for manufacturing operations throughout North America as it seeks
to meet the anticipated demand for its CoalSwitch(R) fuel.
Prior to joining Enviva, Barron was a founder of Spero Energy,
where he worked during his graduate studies. Barron has a Master of
Science and a PhD in Agricultural and Biological Engineering from
Purdue University, as well as a Bachelor of Arts from Wabash
College.
Michael Rowan, CEO, Active Energy Group, said:
"Active Energy is adding depth and breadth to the management
team as we reach a critical point in the Company's development.
With construction activities accelerating, future production
operations at the Ashland Reference Facility remain on schedule.
Whilst first fuel deliveries remain the prime focus, Active Energy
needs to start planning for future product and manufacturing
development. Barron provides unique industry expertise with a
proven track record on delivery. We look forward to Barron becoming
a member of the executive team."
Barron Hewetson, CTO, Active Energy Group, said:
"I am very excited to be joining Active Energy at this time in
the Company's development. CoalSwitch(R), as a next generation
biomass fuel, is the superior biocarbon product urgently needed by
the biomass industry to address both increasing environmental
demands as well as greater economic efficiencies. I look forward to
getting to work, helping Active Energy accelerate the production of
CoalSwitch(R), both in North America and internationally. "
Enquiries:
Active Energy Michael Rowan (Chief Executive info@aegplc.com
Group Plc Officer)
Michelle Fagan (Chief Financial
Officer)
Steve Schaar (Chief Operating
Officer)
Allenby Capital Nick Naylor/James Reeve/Daniel Office: +44 (0)20 3328
Limited Dearden-Williams (Corporate Finance) 5656
Nominated Adviser Amrit Nahal (Sales/Corporate
and Broker Broking)
------------------------------------- ------------------------
Camarco Tom Huddart / Emily Hall / Lily aeg@camarco.co.uk
Financial PR Adviser Pettifar Office: +44 (0)20 3757
4980
------------------------------------- ------------------------
Scoville PR John Williams jwilliams@scovillepr.com
US PR Adviser
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Website LinkedIn Twitter
www.aegplc.com www.linkedin.com/company/activeenergy https://twitter.com/aegplc
@aegplc
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About Active Energy Group:
Headquartered in London with operations in the United States,
Active Energy Group plc (AIM: AEG, OTCQB:ATGVF) is a biomass-based
renewable energy company focused on the production and development
of next generation biomass products that have the potential to
transform coal fired power and heavy industries and the existing
renewable biomass industry.
AEG has developed a proprietary technology which transforms
waste biomass material into high-value renewable fuels. Its
patented product CoalSwitch(R) is a leading drop-in biomass
renewable fuel that can be blended and co-fired with coal at any
ratio without requiring significant plant modification or wholly
replacing existing biomass fuels. In 2022 Active Energy's partner,
Player Design Inc commenced the process for building a production
facility for Coalswitch(R) at PDI's facility at Ashland, Maine.
Under a "take or pay" arrangement Active Energy will purchase
CoalSwitch(R) from PDI for sale to the Company's prospective
customers in the US and Europe.
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