Active Energy Group Plc / EPIC: AEG / Sector: Alternative Energy
23 November 2022
Active Energy Group Plc
("Active Energy" or the "Company")
Appointment of interim Chief Financial Officer and director change
Active Energy, the international biomass based renewable energy business, is pleased to announce that Michelle Fagan has, with effect from 23 November 2022, been appointed as the Company's interim Chief Financial Officer and joined the Company's senior management team. Michelle's role will initially be in a non-Board capacity.
Michelle Fagan is qualified as a chartered certified accountant (ACCA) and has 24 years' experience as a finance professional. After completing her FCCA qualification at the Bank of Ireland, she went on to roles as a CFO at Assured Asset Energy Group, Nowtel Group and Chemistry Strategic Communications in London and Dublin. Michelle has been working with the Company's management team since October 2020.
In addition, and further to the Company's announcement of 10 August 2022, Andrew Diamond has now ceased his responsibilities as the Company's Chief Financial Officer and has ceased to be a director of the Company with immediate effect.
Enquiries
| Active Energy Group Plc | Michael Rowan (Chief Executive Officer) James Leahy (Chairman) | info@aegplc.com |
| Allenby Capital Limited Nominated Adviser and Broker | Nick Naylor / James Reeve / Freddie Wooding (Corporate Finance) Amrit Nahal (Sales/Corporate Broking) | Office: +44 (0)20 3328 5656 |
| Camarco Financial PR Adviser | Tom Huddart / Emily Hall / Georgia Edmonds | Office: +44 (0)20 3757 4980 |
About Active Energy
Active Energy Group plc is a London listed (AIM: AEG) renewable energy company focused on the production and development of next generation biomass products that have the potential to transform traditional coal fired power and heavy industries and the existing renewable biomass industry.
AEG has developed a proprietary technology platform which transforms waste biomass material into high-value renewable fuels. Its patented product CoalSwitch® is a leading drop-in biomass renewable fuel that can be co-fired with coal, completely replace coal as an alternative feedstock without requiring significant plant modifications or wholly replace existing biomass feedstock resources.
Active Energy Group's immediate strategic focus is the production and commercialisation of CoalSwitch®. CoalSwitch® is a registered trademark belonging to Active Energy Group plc.
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