Enviromena Power Systems

Enviromena Power Systems

September 27, 2010 01:00 ET

Enviromena Power Systems Appoints Amjad Bseisu Chairman

ABU DHABI, UNITED ARAB EMIRATES--(Marketwire - Sept. 27, 2010) - Enviromena Power Systems ("Enviromena"), the leading provider of solar services in the MENA region, today announced the appointment of Amjad Bseisu to the position of Chairman of the Board of Directors effective immediately.

Mr. Bseisu is a widely recognised leader in the energy sector and a valuable addition to the board, bringing an in-depth understanding of Middle Eastern markets and the energy sector. The newly appointed Chairman joins an impressive list of existing board members, recently strengthened with the addition of Good Energies and Masdar.

"The potential for solar power in the Middle East and North Africa is compelling. As a market leader in this sector, Enviromena is well positioned to capitalize on the growth of this industry," Mr. Bseisu commented. "I have confidence in the management team and commend the rapid expansion of the company to date. I also look forward to working with the Board and Management team to continue Enviromena's expansion plans across the region and lead the company further into the next stages of development."

Enviromena Chief Executive Officer, Sami Khoreibi, commented: "We are delighted Mr. Bseisu has joined Enviromena as our Chairman. Mr. Bseisu's wealth of experience in high-growth energy sector companies will be extremely beneficial to Enviromena's long term strategy. We are grateful for the support and leadership his appointment will provide."

Mr. Bseisu currently serves as Chief Executive Officer of EnQuest PLC, a UK-based independent oil and gas production and development company. In March 2010 Mr. Bseisu led EnQuest through dual public listings in London and Stockholm, whereby the company became a constituent on the FTSE 250 Index. Previously, Mr. Bseisu was one of the co-founders of Petrofac, an international oil and gas services provider. In 2005, Petrofac listed on the London Stock Exchange through an initial public offering, and the company has since become one of the best performing stocks on the FTSE 100 index. 

About Enviromena

Enviromena Power Systems is the leading developer of solar projects in the Middle East and North Africa (MENA). Our highly experienced team finances, designs, installs and operates solar power plants. Enviromena Power Systems is headquartered in Abu Dhabi, capital of the United Arab Emirates. We have built the region's leading team of solar engineers and project managers with over 50 years of photovoltaic design and project implementation experience.

Enviromena has attracted a broad base of local and international investors, including some of the world's leading venture capital firms.

Biographical note on Amjad Bseisu

Amjad Bseisu received his BSc Honours degree in Mechanical Engineering from Duke University and his Msc and D ENG degrees in Aeronautical Engineering at Stanford University. From 1984 to 1998, Mr Bseisu worked for the Atlantic Richfield Company (ARCO), ultimately as head of International Marketing, Negotiations and Business Development and president of ARCO Petroleum Ventures and ARCO Crude Trading, Inc. In 1998, Mr Bseisu founded the operations and investment business for Petrofac. Mr Bseisu was also a founding non-executive director of Serica Energy plc and Stratic Energy Corporation. Amjad Bsisu is currently the Chief Executive of EnQuest PLC. Further information on EnQuest is available at www.enquest.com.

Contact Information

  • Enviromena Power Systems
    Sarah Longland
    Marketing and Communications Manager
    +971 50 123 0539