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  Executive Directors

Peter R. S. Earl – Chief Executive Officer
Peter Earl began his career at the Boston Consulting Group Inc. advising state-owned companies. In 1994 he acted on secondment to the World Bank and UNDP in Bolivia. He has advised governments on privatisations in Latin America and Eastern Europe having served as Deputy Chairman for the United Nations Economic Commission for Europe infrastructure finance group. He became a director of Fieldstone Private Capital Group in London in 1994, where he advised on cross-border power sector acquisitions and bids totalling approximately US$6 billion, involving 5,000 MW of installed generating capacity. In 1995 he founded Independent Power Corporation PLC and is also a director of IPSA Group PLC. He is an Oxford University graduate and was a Kennedy Scholar at Harvard University.

Elizabeth R. Shaw – Chief Operating Officer
Elizabeth Shaw has been involved in the electricity sector since 1994 when she joined Fieldstone Private Capital Group. Between 1994 and 2000, as a director of Fieldstone, she advised on a number of mergers, acquisitions and disposals in the electricity industry, both in the UK and in developing markets. She joined Independent Power Corporation PLC as a director in 2000 where she is responsible for business development and finance. She is a director and founder of IPSA Group PLC. She is also an executive director of Strategic Natural Resources PLC. She is a graduate of Exeter University.

Michael Cox – Finance Director
Michael Neil Cox started his career as a stockbroker for Brewin Dolphin at the London Stock Exchange in 1972. He became a Member of the Institute of Chartered Accountants in England and Wales in 1980 whilst working for Geo. Little Sebire & Co. Since then he has had Financial Directorship roles at Acco-Rexel Group Holdings Plc until 1994, a European office products manufacturer with £230m turnover, and Lake & Elliot Group Ltd until 1996. Since May 2000, Michael has been a Partner with Price Firman, Chartered Accountants.

John M. Eyre – Technical Director
Mike is both a Chartered and European Engineer with over 30 years experience in project management and development in the power sector. As a CEGB engineer, Mike spent part of his early career on secondment to Eskom of South Africa. During the Privatisation of the UK electricity industry, he was Head of Engineering Quality with National Power leading the technical due diligence for significant international acquisitions. In 1996, he established a joint venture between National Power Plc and Lloyd's Register and became Principal Power Generation Lloyd's Register, implementing project development and risk management business for IPP's and the London Insurance industry. Mike was invited in 1997, by the UN Secretary General of the Rio Earth Summit, to join the UN Emissions Trading Policy Forum. Following this experience he focussed on efficient and sustainable energy production projects, including the founding of Bioethanol Ltd in 2001. He is also an executive director of Rurelec PLC.