|
12 December 2007
APPOINTMENT OF DIRECTOR
Appointment of Director Good Energy Group PLC, the PLUS quoted carbon solutions specialist, announces the appointment today of Jon Fairchild as Group Finance Director. Jon joined the Group in November 2002 as Financial Controller of all of the Group Companies and he was then appointed Finance Director of Good Energy Limited, the Group’s principal operating subsidiary, in 2003. He started his career as a financial advisor in the insurance industry and then joined the audit division of Baker Tilly, the Top 10 Accountancy firm, in 1998. Jon is a qualified Chartered Accountant and Corporate Treasurer. Jon, 35, has a degree from the University of Southampton and lives in Chippenham with his wife and two children. In his new role as Group FD, Jon will continue to drive the financial management and strategy of the business forward to achieve the Group’s aims. Commenting on the appointment John Sellers, Chairman, said; ‘We are delighted to welcome Jon to the main Board. He has developed a thorough understanding of our business and its key financial drivers, and has been instrumental in building our systems of financial control and performance measurement, as well as excellent relationships with our principal external institutions.”
---ends--- Enquiries: Good Energy Group PLC +44 124 976 6090 Jon Fairchild www.good-energy.co.uk Notes to Editors Good Energy Group PLC operates in the Renewable Electricity market. It is the
holding company of Good Energy Ltd and of Good Energy Generation Ltd.
Electricity sold to customers by Good Energy is matched 100% (over 12 month
periods) by purchases from wholly renewable sources including wind power, sun
and naturally falling water. The Company submits itself to audit verification by a Top 10 firm of Chartered Accountants to give customers the assurance that such is the case.
Good Energy Ltd has over 23,500 customers including business customers, is regulated by OFGEM and has a Supply Licence to operate in England, Wales and Scotland. Good Energy Ltd also operates a home renewable electricity generation scheme where the Company undertakes to buy the output from small-scale renewable generation plants installed on private premises.
Good Energy Generation Ltd is the Group's acquisition vehicle for renewable
generation assets. It acquired a 4MW wind farm in 2002 which supplies part of
Good Energy's needs. More acquisitions are being sought to support Good
Energy's growth.
The Group is based in Chippenham, Wiltshire and commenced operations in 1999. In July 2004, prior to its introduction to PLUS-quoted, Good Energy Group PLC completed its second public offer of shares, which raised GBP 1,028,225 of new funds. It has around 1,180 shareholders, nearly all of whom are Good Energy customers.
The Directors take responsibility for this announcement.
Back to Press Releases |
