APR Apr Energy

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RNS Number : 3509W

APR Energy PLC

30 January 2012

For Immediate Release

30 January, 2012

APR Energy Group plc ("APR Energy")

Board Appointments

The Board of APR Energy today announces the appointment of three new non-executive directors to its Board with immediate effect.

Haresh Jaisinghani and James Hughes are joining as Independent Non-Executive Directors and Matthew Allen is joining as a Non-Executive Director.

Michael Fairey, Chairman of APR Energy, said:

"We very much welcome our new Non-Executive Directors whose skills and experience fit perfectly with APR's areas of strategic focus".

Haresh Jaisinghani (45 years old) is the owner and Managing Director of 3R Capital Private Limited, an investment advisory and project development firm focused on the energy, environmental and infrastructure sector in Asia. From 1994 through 2007, Haresh held a number of senior leadership positions with the AES Corporation, an NYSE listed Fortune 500 global power company, including President of Asia, Middle East and CIS and a member of the Corporate Executive Committee. He currently also serves on the Board of the CitySpring Infrastructure Trust, a Singapore listed infrastructure trust fund, and chairs the Board of CityLink Investment Private Limited, the holding company of the Basslink subsea electricity transmission interconnect in Australia. Haresh is a graduate of University of Maryland and has an engineering degree from the University of Bombay.

Jim Hughes (49) has extensive experience in the energy market. From 2007 to 2011, Jim was CEO of AEI Services LLC, which owned and operated energy infrastructure businesses in the emerging markets in the power generation, power distribution, gas processing and transportation and gas distribution segments. From 2004 to 2007, he engaged in principal investing with Priest River Ltd, a privately held company based in Houston, Texas. From 2002 to 2004, Jim was President and Chief Operating Officer of Prisma Energy, an emerging market energy infrastructure business that emerged from the Enron Corp. bankruptcy. Prior to 2002, Jim served with Enron Corporation in positions that included President and Chief Operating Officer of Enron Global Assets, President and Chief Operating Officer of Enron Asia, Pacific Africa and China and as Assistant General Counsel of Enron International. Jim is a Non-Executive Director of Biomass Energy Resources LLC, a Texas based renewable energy development company. From 1999 to 2008, Jim was a Non-Executive Director of Quicksilver Resources, an exploration and production company and from 2007 until 2010 of Elektro, a Brazilian electric utility listed on the Bovespa. He holds a BA, Business Administration at the Edwin L. Cox School of Business at Southern Methodist University in Dallas, participated in the Foreign Exchange Programme with Queen Mary's College, University of London and is a Juris Doctor of the School of Law at the University of Texas.

Matthew Allen (55) is a qualified Chartered Accountant and has been the Director of a range of public companies including Gold Greenlees Trott Plc, the advertising agency, PizzaExpress Plc, a leading UK based restaurant business, and Precoat International Plc, a quoted holding company for a group of businesses in UK and Canada that processed and distributed prepainted steel to industrial consumers. He has extensive international experience in the USA, Europe and Asia. Matthew is a director of Sun Capital Partners and was a founder of Pearl Group, Punch Group and Integrated Dental Holdings Plc where he was chairman. Most recently, Matthew co-founded Horizon Acquisitions Company Plc, which subsequently completed a reverse acquisition of APR Energy in June 2011. Matthew took a BA in law at St Catharine's College Cambridge in 1977.

No other information is required to be disclosed pursuant to paragraph LR 9.6.13R of the Listing Rules of the Financial Services Authority in relation to the appointments of Haresh Jaisinghani, James Hughes and Matthew Allen as Non-Executive Directors of APR Energy.

Enquiries to:

Citigate Dewe Rogerson Consultancy + 44 (0) 20 7638 9571

Anthony Carlisle + 44 (0) 7973 611 888

About APR Energy

APR Energy specialises in the sale of reliable and efficient electricity through the rapid deployment of Customised Turnkey Power Solutions globally. APR's power generation solutions, coupled with comprehensive operation and maintenance services and flexible commercial terms, have established APR as a leader in the utility and industrial segments. APR Energy provides power generation solutions to customers and communities around the world, with an emphasis in Africa, South America, Central America and Asia. In addition to its business of providing these world- class power solutions, APR Energy also implements philanthropic projects at each plant location through its Community Development Programme, which aims to build and maintain close relationships with its neighbours through projects and donations in health and education.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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