Powerhouse Energy
Group plc
("Powerhouse" or
the "Company")
Change of
Directorate
10 August 2020
Powerhouse Energy Group plc (AIM: PHE), the UK technology
company commercialising hydrogen production from waste plastic,
announces that Brent Fitzpatrick has
stepped down from the Board of Powerhouse Energy Group plc with
immediate effect.
Cameron Davies, Chairman of
Powerhouse, said the following:
“I would like to thank Brent personally and sincerely on behalf
of the Board of Powerhouse Energy Group plc for his friendship and
his sage advice to me and to the board. His valuable contribution
to our progress over almost a decade has helped to guide the
Company through sometimes challenging and difficult times to the
threshold of a new era as we prepare to deploy our DMG technology
aimed at tackling the global problem of unrecyclable plastic waste.
Our technology additionally can produce synthetic gas for power
generation and for upgrade to provide a local source of
high-quality hydrogen for heavy goods vehicles and rail
transport.
“I take this opportunity to wish him well and every success for
the future in his other ventures."
At the current time the Board of Powerhouse does not propose to
replace Brent following the recent appointment of two non-executive
directors.
For more information, contact:
Powerhouse Energy Group
plc |
Tel: +44 (0) 203 368 6399 |
David Ryan, Chief Executive
Officer |
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WH Ireland Limited (Nominated
Adviser) |
Tel: +44 (0) 207 220 1666 |
James Joyce / Lydia Zychowska |
|
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Turner Pope Investments Ltd
(Joint Broker) |
Tel: +44 (0) 203 657 0050 |
Andrew Thacker / Zoe Alexander |
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Ikon Associates (Media
enquiries) |
Tel: +44 (0) 1483 271291 |
Adrian Shaw |
Mob: +44 (0) 7979 900733 |
About Powerhouse Energy Group plc
Powerhouse has developed a proprietary process technology - DMG®
- which can utilise waste, unrecycleable plastic,
end-of-life-tyres, and other waste streams to efficiently and
economically convert them into syngas from which valuable products
such as hydrogen, chemical precursors, electricity and other
industrial products may be derived. The Powerhouse technology is
one of the world’s first proven, modular, hydrogen from waste (HfW)
process.
The Powerhouse DMG® process can generate up to 2 tonnes of
road-fuel quality H2, and more than 58MWh of exportable electricity
per day.
The Powerhouse process produces low levels of safe residues and
requires a small operating footprint, making it suitable for
deployment at enterprise and community level.
Powerhouse is quoted on the London Stock Exchange's AIM Market
under the ticker: PHE, and is incorporated in the United Kingdom.
For more information see www.powerhouseenergy.net