Enerji Limited (
Mr. Lowe's appointment is designed to accelerate the realisation of power purchase agreements with several existing prospects, progress engagements with prospective customers, and identify and develop new sales opportunities.
Enerji will benefit from the strong senior relationships that Mr Lowe has developed with major energy and mining companies in both national and international markets. His most recent role was as the Head of Energy Services with Tricom. For more than five years prior to his time with Tricom, he held the role of General Manager Trading with Integral Energy; a government owned electricity, distribution and retailing company. He is also the executive chairman of Carbon Conscious Ltd (
Mr Lowe has worked in the capital and financial markets for more than 30 years with 13 years extensive experience in energy commodities.
Mr. Lowe is well acquainted with Enerji's business having consulted to the Company since October 2010.
Enerji CEO, Greg Pennefather, said: "We are delighted to have Steve's commitment of more time to Enerji. His appointment is the catalyst required to bring to fruition the hard work that has already been undertaken to develop our customer pipeline."
"I believe that Steve's extensive network in the energy and mining sectors, coupled with his faith in our business will also see significant new opportunities emerge for Enerji," Mr. Pennefather said.
Mr. Lowe joins at an exciting time with the Company's first Opcon Powerbox set to sail from Gothenburg, Sweden, on Wednesday August 17, 2011 (just over 2 weeks from now). The unit will be commissioned in November and will generate Enerji's first revenue in December this year.
The Company is pleased to provide, below, the most recent pictures of unit 1. The pictures show the first Enerji Opcon Powerbox near completion with electrical and control cabinets installed and having received its final coat of paint.
About Enerji Limited
Enerji Limited (ASX:ERJ) is an emerging Perth-based green power utility focussed on commercialising the Opcon Powerbox in Australia.
The Opcon Powerbox cogeneration technology transforms waste heat into electricity and therefore creates significant energy cost and CO2 emissions savings for its customers.
Enerji has exclusive sales and distribution rights for the Opcon Powerbox in Australia and options for Malaysia, Thailand, Singapore and Sub-Saharan Africa.
The Opcon Powerbox, manufactured in Sweden by Opcon, represents a significant commercial opportunity through application to industrial, mining and power generation operations.
Enerji plans to maximise this opportunity and generate shareholder returns through long-term power purchase agreements.
Related Companies
Related Industry Topics: