Ex blue chip boss advising EGS

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Cornish renewable energy company EGS Energy has secured the services of the former COO of Centrica to assist as a special adviser.

Mike Alexander, who has also served as CEO of British Energy plc, will assist EGS until fund-raising is completed.

With more than 11 years as a FTSE 100 board member, Alexander is ideally placed to assist EGS Energy as it moves towards the operational stage of the proposed geothermal power plant at The Eden Project.

He is currently: a non-executive director of Costain plc; an independent non-executive director of the UK Payments Council; and a European Advisory Board director of Landis + Gyr AG.

EGS Energy MD Guy Macpherson-Grant said: “EGS Energy is very pleased to have attracted a supporter of the calibre of Mike Alexander. We look forward to working with him in the coming months as we move from the preparatory stages of the Eden EGS plant development through to fully-fledged operations.”

Alexander commented: “It is exciting to be involved with EGS Energy at a time when it is on the point of getting started on its first geothermal plant. Geothermal energy is a reliable and clean source of renewable energy, one which can make a significant contribution to meeting the power requirements of local communities.

“I expect EGS developments to become a growing and important element of the UK’s sustainable power generation portfolio and as such I look forward to being able to contribute to what is already a team with vast technical ability in the area of engineered geothermal systems.”

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