Board of Directors

Frank Allen is an experienced infrastructure sector board member. Mr. Allen is an independent financial consultant, advising on infrastructure investment and operations, mostly in developing and transition economies. Mr. Allen is an advisor to the World Bank on transport infrastructure projects. He is also the former Head of Infrastructure Finance at KBC Bank. Mr. Allen is currently a board member and chair of Iarnród Éireann (Irish Rail) and is chair of the Housing Finance Agency. Mr. Allen holds a Bachelor of Commerce and Masters of Business Studies from University College Cork. Mr. Allen also holds a Master of Business Administration degree from Massachusetts Institute of Technology.

Keith McGrane is a pioneer and thought-leader in energy storage with over 20 years of experience in geophysics, renewables, project development, technology commercialisation and financing. A scientist by background, Mr. McGrane has held many senior management roles throughout his career particularly in natural resource financing (at KBC Bank and Barclays Bank PLC) and renewables development (at Airtricity and Gaelectric). Mr. McGrane is a director on the board of directors of the Company’s substantial shareholder and parent company of the Group, Corre Energy Group Holdings C.V. Mr. McGrane holds a Bachelor of Science in Geophysics and Masters of Science in Geophysics from University College Dublin.

Rune Eng has significant experience from his many years in the energy sector. His last position was Executive Vice President International of the TGS Group, where he had been employed for almost two years. Mr. Eng was previously CEO and President of Spectrum Geo Limited (subsequently sold to the TGS Group) where he worked for almost nine years. Mr. Eng has also held various roles at PGS ASA over a period in excess of 13 years as well as roles in Fugro, Digital Equipment Corporation A/S and GeoTeam Group. Mr. Eng holds a Bachelor of Science in Geophysics from the University of Oslo and a Master of Science in Geophysics from the University of Gothenburg.