"The scientific evidence is now overwhelming: climate change represents very serious global risks and it demands an urgent response. The development and deployment of a wide range of low carbon technologies is essential in achieving the deep cuts in emissions that are needed."

- Stern Review on the Economics of Climate Change October 2006

Organic Power Ltd

In tackling climate change and developing secure energy policies less dependent on fossil fuels, governments across the globe are driving rapid growth in the renewable energy base. Ireland among other EU countries has not only deregulated its power market opening the way for local generators to connect to the national grid but is mandating that 33% of energy supply comes from renewable sources by 2020 vs. a present level of less than 5%.

The overall focus of Organic Power is to develop a balanced portfolio of both intermittent and constant large scale renewable energy sites. This is the type of capacity necessary in accomplishing the goals in the Government’s White Paper on Delivering a Sustainable Energy Future for Ireland.

Not only is Organic Power focused on deliver the energy capacity to meet the imperatives in combatting global warming and creating secure energy but most importantly to deliver strong financial returns for its investors. The financial advantages of investment in clean, reliable power generation emanate from:

Significant price premiums per Kilowatt of power produced

Faster completion of projects due to priority grid connections

Avoidance of carbon emission penalties associated with fossil fuel power generation

Current Directors

Maurice McCarthy

Maurice McCarthy has been working as a consultant to the Renewable Energy Sector since 1999 in the conceptualisation, design, permitting and project management of wind farm construction in Ireland, the U.K, Spain and France.

He has been involved in renewable technology development since 2003,with ongoing projects underway in vertical axis wind generators and tidal flow generators.

Maurice is managing director of erm21c Ltd., a project design, permitting, and project management consultancy, which has provided services to many development sectors, including maritime infrastructure (harbours, marinas, shipyards), carbon-neutral residential and leisure developments (hotels, golf courses, outdoor activity centres), aquaculture, wood processing since 1995.

Sean W. Glasgow, CFA

Sean Glasgow is Managing Director of London based Nereus Ventures Limited, which provides New Venture consulting and finance services. Sean has twenty yeas of progressive experience with Blue Chip, Financial Services Consulting and Wall Street firms like Deloitte, AXA Investment Managers, The Coca-Cola Company, Bear Stearns and Drexel Burnham. With a strong strategic, commercial and research orientation; Sean is an experienced multi-cultural team builder and corporate development professional. Sean also possesses strong financial and strategic analysis skills honed through Wall Street experience and through his education including a B.A. in Accounting/Economics from Rutgers University (1985) and an MBA from the University of North Carolina (1991). Sean is a qualified Chartered Financial Analyst (top gradation).

Sean held a key role in establishing two new businesses: Deloitte Consulting Investment Advisory practice and Coca-Cola St. Petersburg Bottlers, Russia. He also evaluated Coca-Cola's multi-billion dollar expansion into emerging markets ensuring solid investment returns. He has a strong track record in driving profitability through pricing, segmentation and operational improvements. He is also experienced in restructuring global procurement ($4 billion annual spend) where he changed the focus from administrative to driving cost savings/supply continuity and negotiated large scale contracts and corporate development.

Sean provides financial planning and will be responsible for raising investment finance for Organic Power.

James Nolan

James Nolan is a Mechanical Engineer providing consultancy services to companies in the energy sector, CHP, rubbish processing to alcohols and property development. Jim graduated with Honours in 1970 where his main subject was thermodynamics. He spent six months in the USA on refrigeration systems, spent two years in Ireland on R&D into combustion and heating systems with some manufacturing and started in industrial maintenance in 1973. This evolved during the first oil crisis into recycling oil where the business had a tank farm and treatment works in Finglas. This business built up and sold out after the second oil crisis, when James then started a small consultancy practice in 1980, from which he retired in 2000.

Jim is involved with Organic Power to optimise the use of existing and developing technologies whether wind, water, bio, etc. to achieve the most cost effect return from the energy available and its dispersal.

Stephen Shorten

Stephen Shorten holds a diploma in Corporate Direction from UCC conferred in 2005.

Stephen has been running a mixed tillage and dairy farm in West Cork since 1988, and is a Board member of Bandon Agricultural Co-operative, West Cork.

Stephen is involved in the production of biodiesel from rape seed through a company called GRO Oils, of which he is a director since 2004. This company is involved in the contract growing of rape seed crops and the transformation of rapeseed into bio-diesel for sale to vehicle fleet operators.

Stephen has been operating a sludge disposal business providing environmental control services since 1994.

Stephen speaks French. Stephen is responsible for direction of biomass fuel sourcing, and is also project managing the application for the Enniskeane-Newcestown wind project.

Brian Walsh

Brian Walsh is a Civil Engineer with Gillen Engineering in County Cork surveying and setting out, preparing applications, percolation test reports to EPA:2000, land registry drawings and snag lists on houses. Brian has been involved in a range of projects including one off housing, building surveys, large land surveys, engineering design in housing estates and various wind farm projects.

Brian is responsible for all civil engineering aspects of Organic Power projects including wind projects, pumped hydro energy storage and microgeneration.

Associates

Giorgos Kakagiannis

Giorgos Kakagiannis holds a BSc from Aristoteles University of Thessaloniki, an MSc in Integrated Coastal Zone Management from the Department of Marine Sciences, University of the Aegean which is located in Lesvos Island, Greece. He is currently a PhD candidate in this institution, where his PhD thesis subject is in physical-biological interactions in the North Aegean Sea. His MSc thesis was a study of the seasonal coastal upwelling in the N.E. Aegean using data from the 'Poseidon' system. His BSc thesis was on the fisheries of the european anchovy Engraulis encrasicolus (Linnaeus, 1758) and european sardine Sardina pilchardus (Walbaum, 1792) in the Greek Seas during 1964-1996. He holds a European Computer Driving License (ECDL), works programming languages (MatLab) and has experience in satellite images analysis with ERDAS Imagine, speaks fluently English and has worked with NGO's in Greece as a volunteer (WWF and Archelon). He is currently working with Organic Power investigating potential Energy projects in Lesbos.

Paul Keegan

Paul Keegan has been a partner in CKA and Associates, Chartered Certified Accountants based in Dublin, since 2006. He was an Associate in Birmingham Condron Chartered Certified Accountants from 1997 to 2006. Paul provides tax compliance and planning, audit, wealth management business start-up and development services through CKA.

Paul provides financial control and liaises with other directors regarding other financial aspects.

EurGeol. Dr. Robert Meehan, PGeo.

Robert Meehan is consultant geologist to various organizations on applied geological projects, 2003-2007. Clients include the Geological Survey of Ireland, Environmental Protection Agency, Discovery Programme. Lectures and field demonstrates on EPA Course on ‘Site Suitability Assessment for On-Site Wastewater Treatment Systems’, 1998-2007. He has co-written manual for course. He is involved in mapping the subsoils for the EPA Soil and Subsoil Mapping Project, Teagasc, Kinsealy, 1998-2005. These maps are being used by GSI, DoELG and EPA as part of their Groundwater Protection Schemes, and as part of the River Basin District Management Schemes as part of the EU Water Framework Directive.

Robert worked from Geological Survey of Ireland (1993-1998). He is Professional and Founder Member of Institute of Geologists of Ireland, and former board member (2003-2005); Active member of Irish Quaternary Association (former committee member 1995-2005), International Association of Hydrogeologists (Irish Group), Soil Science Society of Ireland and Environmental Sciences Association of Ireland. He has published extensively, both Internationally and Nationally, on various aspects of Applied Geology. His PhD Thesis (1998) was on the last glaciation of northeast central Ireland, NUI Dublin. He obtained an Honours Bachelors Degree in Geography and Economics at UCD, 1993; winning many scholarships and awards during undergraduate and postgraduate years, and since.

Robert is responsible for geological and hydrogeological aspects of all projects, with an investigative brief to verify the potential of deep geothermal CHP