Peter will be responsible for the financial management of the company, support the company's international relationships and partnerships, and work with the executive team to drive WasteFuel's next stage of growth.
He will leverage his experience within the marine sector and with early-stage companies in the regions where WasteFuel projects are located, including the
Peter has over 25 years of experience within Corporate Finance, Infrastructure Investments, and Commercial Business Development. He helped establish Maersk Growth in 2017 and led a range of the 40+ company investments starting in 2018 including Afresh, which is leveraging AI to revolutionize perishable ordering to reduce food waste whilst increasing sales; ISEE, a technology company providing autonomous driving solutions; SpaceFill, which is fast and flexible warehousing removing supply chain complexities and WasteFuel.
Prior to joining Maersk, he was CFO for digital media company Bluewave and VP of Corporate Finance for
Over 200 methanol ships have been ordered according to DNV's Alternative Fuel Insights (AFI) database as of July increasing the demand and urgency of increasing methanol production.
'I am looking forward to joining WasteFuel at this stage in the company's growth,' said Peter. 'Scaling the availability of renewable fuels like bio-methanol is critical to decarbonize the shipping sector and I am excited to help WasteFuel bring its bio-methanol to the market and revolutionize the future of mobility.'
'Following the initial closing of our Series B, we are focused on the development of our initial projects to produce bio-methanol for the shipping sector,' said
This appointment follows recent company news of the first close of a Series B, led by bp ventures, and a partnership with bp including a memorandum of understanding for the offtake of WasteFuel's bio-methanol and a technical collaboration to improve bio-methanol production efficiency, yields & economics.
'We appreciate Marc's dedication to the company and want to thank him for everything he has done for WasteFuel to date,' added
About WasteFuel
Founded by
Contact:
Email: press@wastefuel.com
(C) 2023 Electronic News Publishing, source