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RNS Number : 9243R GETECH Group plc 06 March 2023
6 March 2023
Getech Group plc
("Getech" or the "Company" and with its subsidiaries "the Group")
Appointment of Dr Graham Cooley to Chair H2 Green
Getech (AIM: GTC), the geoenergy company and owner of hydrogen developer H2
Green, is pleased to announce that Dr Graham Cooley has today been appointed
as Chair of H2 Green. Graham will assist H2 Green to expand and develop its
portfolio of hydrogen and renewable energy projects and maximise its potential
as a 'pure play' UK project developer.
Graham successfully led ITM Power as Chief Executive Officer from 2009 to
2022. ITM Power was the first hydrogen related company to be listed on the
London Stock Market. He was instrumental in delivering key strategic
partnership agreements with global energy partners that transformed ITM Power
from a relatively small business into a leader in the hydrogen market.
A proven entrepreneur and developer of early stage businesses, Graham has been
involved with a wide range of companies nearly all connected to the cleantech
sector. He has successfully led numerous transactions and raised substantial
investment capital. Graham was CEO of Sensortec Ltd, founder of Metalysis Ltd,
a spin out from Cambridge University, and founding CEO of Antenova Ltd.
Graham has worked closely with the UK government and is a member of the UK
Government's Hydrogen Advisory Council, and a Board member of the trade body,
RenewableUK.
Graham has a PhD in physics, an MBA, and is a Fellow of the Institute of
Metals, Minerals and Mining (FIMMM), The Energy Institute (FEI), and The
Institution of Engineering and Technology (FIET). In December 2022, he was
awarded a Lifetime Fellowship Award from The Bessemer Society.
Richard Bennett, Getech Executive-Chair commented:
"I am genuinely excited to welcome Graham and we look forward to him applying
his vision and experience to developing H2Green. His appointment will also
allow me to focus more on the development of Getech's core business of
utilising its valuable proprietary skills and data to support the development
of geoenergy projects such as CCS, geothermal and the search for crucial
minerals that are vital to energy transition."
Dr Graham Cooley, H2 Green Chair commented:
"I am delighted to be joining the company. I believe the H2 Green team to be
first class and their 'pure play' UK project developer status alongside the
projects they have gathered to date, makes them a highly attractive
proposition, one I believe I can help reach its full potential."
Luke Johnson, Managing Director of H2 Green, said:
"This is a very significant appointment for us and one that reflects well on
what we have achieved so far. Graham understands what is required to be
successful and will give excellent guidance for the future development of the
company. The UK government has set a strategic goal of domestically producing
10GW of hydrogen by 2030 and we want H2 Green to be a key player in delivering
this goal."
For further information, please contact:
Getech Group plc Tel: 0113 322 2200
Irina Logutenkova, Head of Investor Relations
Cenkos Securities plc
Neil McDonald / Pete Lynch (Corporate Finance) Tel: 0207 397 8900
Michael Johnson / Dale Bellis (Sales)
Novella Tel: 020 3151 7008
Tim Robertson / Chris Marsh / Safia Colebrook
Notes to editors:
Getech Group plc (AIM: GTC) generates revenue by locating new energy and
mineral resources using its proprietary Earth digital twin. The Group works
for governments and companies who seek to decarbonise their operations. Getech
has expanded the use of data and technologies built for the petroleum industry
to critical minerals, geothermal, hydrogen, and carbon storage.
For further information, please visit www.getech.com
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