KPO 25.0% 0.3¢ kalina power limited

Asia-Pacific power industry leader appointed to the KALiNA Board...

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    Asia-Pacific power industry leader appointed to the KALiNA Board

    • Mr. Peter Littlewood appointed to the KALiNA Board as a Non-Executive Director • Former Group Director of Operations at Hong Kong listed China Light and Power one of the largest Asia-Pacific power companies with a market capitalisation exceeding A$34 billion • Over 40 years’ experience in the power industry including significant expertise in power projects in China and across other Asia-Pacific countries using conventional, renewable, and nuclear technologies

    KALiNA Power Limited (ASX: KPO, “KALiNA” or the “Company”) is pleased to announce the appointment of Mr. Peter Littlewood as a Non-Executive Director to the Company’s Board, with immediate effect.

    As one of Asia-Pacific’s leading sector professionals, Mr. Littlewood was formerly the Group Director of Operations at CLP Group (“China Light and Power”) and was responsible for developing and implementing power projects across China, Hong Kong, India, and other Asia-Pacific countries. He was a member of the Group Executive Committee and Investment Committee, and a Director for numerous China Light and Power subsidiaries and has over 40 years of experience in the energy and power sector.

    Commenting on the appointment, KALiNA’s Managing Director and CEO Mr. Ross MacLachlan stated “Peter’s impressive background and extensive experience in the China and Asia-Pacific markets greatly enhances the KALiNA Board’s expertise and complements our continued focus on key strategic opportunities around the world. His deep and high quality relationship network will prove invaluable to KALiNA, specifically as we continue to execute our strategy in the Asia Pacific region.”

    Over a 36 year career with China Light and Power in Hong Kong, Mr. Littlewood was responsible for engineering, project management, construction, operations and fuel supply for the entire power generation portfolio with Mr. Littlewood being instrumental in the development of multiple projects using coal, natural gas, nuclear, hydro, wind, solar and biomass technologies. During his tenure, China Light and Power became the largest international investor in the Asia-Pacific power market and is the largest external investor in the mainland China power market. It is a significant international investor in the conventional and renewable power sectors and holds significant investments, joint ventures and operations across China, Hong Kong, India, Thailand, Taiwan, and Australia including 100% ownership of Australian subsidiary, Energy Australia.

    Mr. Littlewood is currently a member of the Advisory Board for Bloomberg New Energy Finance. He holds a Master’s Degree in Engineering (first class honours) from the University of Cambridge and has completed the Harvard Business School Advanced Management Program.

    The recruitment of experienced and proven industry professionals, such as Mr. Littlewood, is an important element in KALiNA’s business strategy, which is focused on the rapid execution of KALiNA Cycle® projects to meet the rising demand for sustainable, energy efficient power generation. Mr. Littlewood will be integral in liberating the underlying inherent value of the technology within China and Asia-Pacific, including the acceleration of deployment into various key markets in the region.
 
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