Allen Morgan has been appointed as chairperson of South Africa’s renewable and clean energy generation project developer Bio Therm Energy.
Morgan served as CEO of Eskom, the country’s power utility, from 1994 until 2000 and is currently a non executive director of the power utility and JSE.listed Kumba Iron Ore. He will continue to serve on the Eskom board. Bio Therm recently announced a $228Million equity commitment by Denham Capital. Bio-Therm was founded in 2003 and has a significant project pipeline in the energy recovery, clean and renewable energy field in South Africa.
“Allen is highly respected for his contributions to both Eskom and the electricity sector in South Africa. We are fortunate to have someone of his stature joining our team at this critical juncture in the global and domestic economy,” said Bio Therm Energy founder and CEO Charles Liebenberg.
“It’s going to be exciting to be part of a young and growing company at this stage of its development,” stated Morgan.
Bio Therm Energy makes use of carbon finance as created by Article 12 of the Kyoto Protocol (the Clean Development Mechanism) to finance projects.
The company is based in Johannesburg, South Africa, and develops, owns and operates turnkey energy waste to energy, renewable energy and energy efficiency projects in the sub-utility range of 5 MW to 100 MW.