Change in Directors of Western GeoPower

28.5.2009

Western GeoPower Corp. (WGP), a renewable energy company, today announced that Gudmundur F. Sigurjonsson has been appointed a director of the company. 

An Iceland-based professional engineer, Sigurjonsson has an extensive background in project engineering and management. His general and international experience in project execution and project control includes work in Iceland, Denmark, New Zealand and the Philippines. His core competences include cost engineering, feasibility assessments and business modeling.

Sigurjonsson is the principal of FnF Limited, a management consulting business. Through FnF, Sigurjonsson is an advisor to Geysir Green Energy, a global leader in the development of, and investment in, geothermal power. Through FnF, Sigurjonsson is also the chief executive of Envent Holding Philippines, a joint venture between Geysir Green Energy and Reykjavik Energy Invest. Envent was established to develop renewable energy projects in the Philippines.

Sigurjonsson graduated from the University of Iceland with a Bachelor of Science degree in chemistry and earned his masters of engineering from the Technical University of Denmark.

He replaces Ásgeir Margeirsson of Geysir Green Energy, who resigned as a director of Western GeoPower.

Kenneth MacLeod, the company's president and CEO, said: “We are grateful for Margeirsson's contributions in the past, and look forward to working with Sigurjonsson whose experience and background will be an asset as the corporation moves forward. This appointment will strengthen the company's relationship with our largest shareholder Geysir Green Energy and with the geothermal industry in Iceland.” 

 

About Western GeoPower Corp.

Western GeoPower Corp. is a renewable energy company dedicated to the development of geothermal energy projects for the delivery of clean, sustainable, baseload electricity generation. The Company is developing The Western GeoPower Unit 1 geothermal power plant at The Geysers Geothermal Field in Sonoma County, California, United States; the South Brawley geothermal project in Imperial County, California, United States; and the South Meager geothermal project in British Columbia, Canada.