Sign up
Oil Capital

Canada forestry opportunity ‘one of the biggest Active Energy’s Spinks has ever seen’

Active Energy Group PLC's (LON:AEG) executive director Richard Spinks updates Proactive Investors on its interests in Canada where it's now amending its application to the province of Newfoundland and Labrador, to focus exclusively on forestry opportunities and the development of one or more dedicated CoalSwitch plants.

Spinks says he's encouraged by the positive and supportive approach shown by government departments.

He adds that he's now decided to relinquish his board responsibilities and will, instead, focus solely on his role as managing director of the Timberlands subsidiary.

''It's one of the biggest opportunities I've seen in my career .. I'm getting to an age now where I've got to decide what's going to be my focus ... and this is certainly where it's going to be''.

 

View full AEG profile View Profile
View All

© oil Capital 2018

Oil Capital, a subsidiary of Proactive Investors, acts as the vanguard for listed oil companies to interact with institutional and highly capitalised investors.
Headquartered in London, Oil Capital is led by a team of Europe's leading analysts and journalists, publishing daily content, covering all key movements in the Technology market.