AFC Energy Plc Appointment of New Business Development Manager

TIDMAFC

AFC Energy Plc

07 March 2023

RNS Reach

7 March 2023

AFC Energy PLC

("AFC Energy" or the "Company")

Appointment of New Business Development Manager

AFC Energy (AIM: AFC), a leading provider of hydrogen power generation technologies, is pleased to announce the appointment of Mr. Robin Koeken as Business Development Manager at AFC Energy.

Robin joins AFC Energy from ABB where he was European Head of Data Centre Solutions based in the Netherlands, and before that, he was ABB's Global Account Manager for large international cloud providers based out of San Francisco.

Robin has a strong history of growing sales and driving business development across the energy sector with a recent history in data centres, a sector that is aggressively seeking to decarbonise away from the use of back up diesel generators.

Robin will continue to be based in the Netherlands, a key location for hydrogen and ammonia imports into the EU and will work with our business development functions across Europe and the UK to grow a pipeline of commercial opportunities in AFC Energy's key target markets.

Robin Koeken, on his decision to join AFC Energy, said:

"A key theme across the data centre and wider European energy market is the need for decarbonisation and the role hydrogen can play in supporting this outcome. What I've seen at AFC Energy in the past eighteen months is a targeted focus on supporting industry deliver on its net zero aspirations and through the great work it is doing with ABB, I can see immense opportunities for the technology and the Company's flex fuel strategy. I am excited at the prospects for AFC Energy and look forward to being part of its success in Europe."

Adam Bond, Chief Executive Officer at AFC Energy, said:

"I am delighted to have Robin join the AFC Energy team and look forwards to working with him to deliver and grow our pipeline of commercial opportunities across Europe. Our key markets, including data centres and critical back up power customers, have big issues to be addressed as industry looks to accelerate its transition away from conventional diesel back-up systems. We welcome Robin to the team."

For further information, please contact:

 
 AFC Energy plc                                   [phone] 
  Adam Bond (Chief Executive Officer)              [e-mail] 
 
   Peel Hunt LLP - Nominated Adviser and Joint 
   Broker 
   Richard Crichton / Tom Ballard / Georgia 
   Langoulant                                       [phone] 
 Zeus - Joint Broker 
  David Foreman / James Hornigold (Investment 
  Banking) 
  Dominic King (Corporate Broking) / Rupert 
  Woolfenden (Sales)                              [phone] 
 
   FTI Consulting - Financial PR Advisors           [phone] 
   Ben Brewerton / Nick Hennis / Dhruv Soni         [e-mail] 
 

About AFC Energy

AFC Energy plc is deploying its hydrogen fuel cell systems to provide clean electricity for on and off grid power needs. The technology, pioneered over the past twelve years in the UK, is now deployable to support the electrification of electric vehicle chargers, off-grid decentralised power systems and data centre back up applications with emerging opportunities across maritime and rail as part of a portfolio approach to the decarbonisation of local electricity needs. The Company also offers customers a flexibility in sourcing lowest cost hydrogen through a "flexible fuel" strategy incorporating hydrogen carrier fuels such as ammonia and methanol and associated fuel conversion technologies.

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March 07, 2023 02:00 ET (07:00 GMT)