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12/10/2015

Gaelectric Appoints Group Chief Financial Officer

Renewable energy firm Gaelectric has appointed of Mr Shane Doherty as Group Chief Financial Officer and member of its Senior Leadership Team.

Mr. Doherty’s appointment follows the appointment of Barry Gavin, who previously held the CFO role, as Group Chief Operating Officer.

Brendan McGrath CEO of Gaelectric Group, said: "We are delighted that Shane has decided to join us at this exciting time in our development as an integrated sustainable energy business. Shane brings extensive change and transactional expertise to the Gaelectric team earned in highly competitive commercial markets."

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Mr Doherty said: "The progress Gaelectric has made since its establishment 11 years ago has created a major renewable energy business with interests in a number of jurisdictions and a presence in the key sustainable energy technologies. They have created value in the business and are starting to generate substantial revenue streams from wind and other operating activities. I am looking forward to working with the team to help realise the ambitions of the business in the short to medium term."

(CD)

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