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Powerhouse Energy picks Heliex Power head as new chief executive

Mon, 31st Jan 2022 11:28

(Alliance News) - Powerhouse Energy Group PLC on Monday announced the appointment of Paul Drennan-Durose as chief executive officer with effect on February 14.

He will be replacing David Ryan, who stepped down at the end of June 2021 after two years in the role since 2019.

Drennan-Durose will be joining from Heliex Power Ltd, a cleantech energy company, where he was CEO for three years from 2018.

"Paul is a valuable addition to the Powerhouse board and will bring his expertise in driving strategy, investment and delivery. Growing Powerhouse internationally with the roll-out of our clean energy technology is a key priority for Paul and will help ensure that Powerhouse will be part of the solution to tackling the world’s waste problem," said Chair James Greenstreet.

Shares in Powerhouse Energy were up 6.5% at 3.86 pence on Monday in London.

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.


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