Star Energy Group PLC Board Change (0642X)
December 18 2023 - 1:00AM
UK Regulatory
TIDMSTAR
RNS Number : 0642X
Star Energy Group PLC
18 December 2023
18 December 2023
Star Energy Group plc (AIM: STAR)
("Star Energy" or the "Company")
Board Change - Appointment of Non-executive Director
Star Energy is pleased to announce that Aneliya Erdly has
accepted an invitation to join the Board as an Independent
Non-executive Director with immediate effect. Aneliya will be a
member of the Remuneration Committee.
Aneliya is a highly experienced energy executive with over 18
years in power projects execution and asset management. She brings
a wealth of expertise in building from scratch and running
renewable energy generation businesses, as well as in assisting
businesses with their energy transition strategies.
Aneliya has held senior management positions with international,
independent energy producers operating globally and specifically in
Central, Eastern and Western Europe, and the EU. Her sector
expertise includes origination and business development,
structuring the investment theses for renewable energy platforms,
energy transition work, M&A and project financing and portfolio
management. Over her professional career she has acquired,
developed, constructed, and managed sizeable solar, wind, hydro,
landfill gas, storage, and biomass project portfolios. She has
originated and developed over 10GW of renewable projects
worldwide.
As a project developer she has worked extensively with
multi-lateral funding agencies, local commercial and international
banks focused on clean energy project finance.
Aneliya is currently a Strategic Advisor to NTR PLC, a
successful fund manager that has invested in and built close to 3GW
of renewables assets across Europe and the US. She also sits on the
investment committee of Globeleq - a power industry leader with a
focus on emerging markets.
Prior to this Aneliya was a CEO of Silver Ridge Power, a
multi-billion renewables portfolio company of Riverstone and The
AES Corporation. In additional she has held executive,
non-executive and advisory positions with The AES Corporation,
Trafigura, Eco Atlantic Oil and Gas, the International Finance
Corporation and KPMG.
Commenting Chris Hopkinson, CEO said:
"I am delighted we have attracted someone of Aneliya's calibre
and experience in the renewable space to the Board. Her specific e
xpertise in complex project development, procurement, asset
management and cost optimisation will be invaluable to us as we
develop our geothermal business."
Aneliya Erdly added:
"I am very pleased to be joining Star Energy and bringing my
international experience to the team. The company has made serious
progress in its energy transition ambitions. Its existing business
provides operational skill sets that are very much in demand by
capital providers focussed on building geothermal portfolios. I
look forward to supporting them as they drive this forward in
earnest."
Star Energy is well advanced in further expanding its Board to
capitalise on the energy transition opportunities in geothermal. A
further Non-executive Director appointment is expected shortly.
Additional information:
Aneliya Nikolova Erdly, aged 48, holds no shares in Star Energy
Group plc. She has been a director or partner of the following
companies or partnerships during the five years preceding the date
of the announcement:
Current directorships: Past directorships (last
five years)
Asani Management UK Ltd None
East Sun Bulgaria EAD
Eruditio EOOD
Soleste EOOD
Asani Management AD
Pattini EOOD
Anerg Asset Management EAD
Anerg AD
Anerg Renar EOOD
Anerg Okean EOOD
Anerg Montan EOOD
Anerg Geran EOOD
Anerg Fox EOOD
Anerg Vilo EOOD
Anerg Kalipetrovo EOOD
Anerg Solar EOOD
Brio Select EOOD
Ergoroma Commercial Ltd
Save as set out in this announcement, there are no further
details to be disclosed under Rule 17 or Schedule 2(g) of the AIM
Rules for Companies in respect of Ms Erdly.
For further information please contact:
Star Energy Group plc Tel: +44 (0)20 7993 9899
Ann-marie Wilkinson, Chief of Staff
Investec Bank plc (NOMAD and Joint Corporate Broker) Tel: +44 (0)20 7597 5970
Virginia Bull/Chris Sim/Charles Craven
Canaccord Genuity (Joint Corporate Broker) Tel: +44 (0)20 7523 8000
Henry Fitzgerald-O'Connor/James Asensio
Vigo Consulting Tel: +44 (0)20 7390 0230
Patrick d'Ancona/Finlay Thomson/Kendall Hill
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END
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