Appointment of Non-Executive Director

RNS Number : 4798B

Greencoat Renewables PLC

30 January 2020

 

Appointment of Non-Executive Director

Experienced energy & renewables executive, Marco Graziano to join Board

Dublin, London, 30 January 2020: Greencoat Renewables PLC ("Greencoat Renewables"), the renewable infrastructure company invested in euro-dominated assets, today announces the appointment of Marco Graziano to the Board as an independent non-executive director with immediate effect. Marco has also been appointed to the Company's Audit, Management Engagement, Nomination and Remuneration Committees.

Marco (62) has a strong engineering background and extensive experience in energy, industry, and renewables having spent more than 35 years working across these sectors. He has held senior management positions at Alstom, Areva and Vestas, most recently as President and Chairman of the Board for Vestas Southern Europe, MENA, and Latam. He has been Senior Advisor to Eurotradia International - Renewables Energies.

Ronan Murphy, Chairman of Greencoat Renewables plc said: "Marco has three decades of experience in the energy and renewables industry, and specifically in the European renewables sector as a board member and chairperson. My fellow board members and I would like to welcome him to the Company, and know he will make a valuable contribution as we continue to build our operating platform in Ireland and in targeted European markets."

The following information is disclosed pursuant to Rule 17 of the AIM Rules for Companies and Rule 5.22 (b) of Chapter 5: Additional Rules for the Euronext Growth Market operated by Euronext Dublin.

Current Directorships/Partnerships

None

Directorships/Partnerships held in the last 5 years

Vestas Eólica, S.A.

The Company confirms that there is no other information that is required to be disclosed in accordance with Rule 17 of the AIM Rules for Companies and Rule 5.22 (b) of Chapter 5: Additional Rules for the Euronext Growth Market operated by Euronext Dublin.

Marco Graziano does not hold any ordinary shares in the Company.

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For further details contact:

Greencoat Capital LLP (Investment Manager)
Bertrand Gautier Paul O' Donnell Tom Rayner					[phone]
FTI Consulting (Investor Relations & Media)
Jonathan Neilan					[phone]/0883
Melanie Farrell					[e-mail]
Davy (Broker, NOMAD and Euronext Growth Adviser) Fergal Meegan Barry Murphy Ronan Veale					[phone]
RBC Capital Markets (Joint Broker) Matthew Coakes Jonathan Hardy Elizabeth Evans					[phone]

About Greencoat Renewables PLC

Greencoat Renewables PLC is an investor in euro-denominated renewable energy infrastructure assets. Governed by a strong and experienced independent board, it is focused on the acquisition and management of operating wind farms in Ireland. It is managed by an experienced team at Greencoat Capital LLP, a leading European renewable investment manager with over €5 billion of assets under management across a number of funds in wind, solar and bioenergy infrastructure.

 

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