Eco (atlantic) Regulatory News (ECO)

20 Feb 2008 15:26

EcoSecurities Group plc20 February 2008 EcoSecurities appoints new Non-Executive Director Dublin, 20th February 2008: EcoSecurities, a leading company in the business ofsourcing, developing and trading carbon credits from greenhouse gas emissionreduction projects, announces the appointment of Alec Dreyer as a Non ExecutiveDirector with effect from (today,) 20th February 2008. Based in Houston, Texas, Mr. Dreyer, until recently, served as Chief ExecutiveOfficer of Horizon Wind Energy LLC, a Company that developed, built and operatedwind farms in Washington, Oklahoma, New York, Texas and Illinois, USA. Precedingthis, Mr. Dreyer served as President of Dynegy Inc's Generation Division wherehe managed approximately 13,000 megawatts of generation with 10 officers andapproximately 1,200 employees. Mr. Dreyer is currently a member of the Board ofDirectors of Comverge Inc, a leading clean energy company which provides demandresponse and advanced metering solutions to electricity utilities. Mr. Dreyer isa Certified Public Accountant, registered in the state of Illinois. Commenting on the appointment, Mark Nicholls, Chairman, said: "We are delightedAlec is joining the Board. His reputation and expertise in the clean energyindustry will be of great value to EcoSecurities and we know he will make astrong contribution to the Company going forward." - Ends -Appendix The following information on Alec Dreyer is provided in relation to the AIMRules Schedule 2 paragraph (g). Full name and age including any previous names: Alec Dreyer, 49 years old Current and past Directorships at 19th February 2008: Comverge, lnc. (effective January 31, 2008 to present)Horizon Wind Energy LLC (September 2005 to July 2007) For further information please contact: Citigate Dewe Rogerson +44 (0) 20 7638 9571Kevin Smith / Ged Brumby Editor's Notes: About EcoSecurities: EcoSecurities is one of the world's leading companies in the business ofsourcing, developing and trading carbon credits. EcoSecurities structures andguides greenhouse gas emission reduction projects through the project cycle,working with both project developers and buyers of carbon credits. EcoSecurities works with companies in developing and industrialising countriesto create carbon credits from projects that reduce emissions of greenhousegases. EcoSecurities has experience with projects in the areas of renewableenergy, agriculture and urban waste management, industrial efficiency, andforestry. With a network of offices and representatives in over 25 countries onfive continents, EcoSecurities has amassed one of the industry's largest andmost diversified portfolios of carbon projects. EcoSecurities also works with companies in the developed world to assist them inmeeting their greenhouse gas emission compliance targets or voluntary emissionreduction programmes. Utilising its highly diversified carbon credit portfolio,EcoSecurities is able to structure carbon credit transactions to fit complianceand voluntary buyers' needs, and has executed transactions with both private andpublic sector buyers in Europe, North America and Japan. Working at the forefront of carbon market development, EcoSecurities has beeninvolved in the development of many of the global carbon market's most importantmilestones, including developing the world's first CDM project to be registeredunder the Kyoto Protocol. EcoSecurities' Global Consulting Services has been atthe forefront of significant policy and scientific developments in this field,and has been recognised as 'Best Advisory - Kyoto Project Credits' every yearsince 2001 by reader surveys conducted by Environmental Finance magazine. EcoSecurities Group plc is listed on the London Stock Exchange AIM (ticker ECO). Additional information is available at www.EcoSecurities.com. This information is provided by RNS The company news service from the London Stock Exchange