Etrion Announces the Appointment of Tom Dinwoodie as New Board
GENEVA, SWITZERLAND -- (Marketwire) -- 10/29/12 -- Etrion Corporation
("Etrion" or the "Company") (TSX:ETX)(OMX:ETX), an independent solar
power producer, is pleased to announce the appointment of Tom
Dinwoodie to the Etrion board.
Mr. Dinwoodie is a world leading expert in solar power with over 25
years experience in the renewable energy sector. He was the founding
member of PowerLight Corporation, a global manufacturer, supplier and
systems integrator of solar energy products and services
("PowerLight"), where he held the position of Chief Executive Officer
("CEO") and Chairman of the Board. In 2007, PowerLight merged with
SunPower Corporation ("SunPower"), where Mr. Dinwoodie held the
position of CEO for SunPower's Systems division and later Chief
Technology Officer. Mr. Dinwoodie is currently Lead Trustee of the
Rocky Mountain Institute, a non-profit research and educational
foundation focused on advanced and integrative solutions to achieve
sustainable energy and resource efficiency. He also serves on the
Sierra Club's Climate Cabinet and Scientific Advisory Panel, an
environmental organization focused on climate control and responsible
use of energy and resources. Prior to founding PowerLight, Mr.
Dinwoodie was active in energy technology and policy, and he holds
numerous patents on photovoltaic and related products.
Ian Lundin, the Company's Chairman, commented: "I am very pleased
with the appointment of Tom Dinwoodie and welcome his extensive
renewable energy experience to the Etrion board. Tom has a proven
track record in the solar energy sector and will make a significant
contribution to Etrion's growth."
Etrion Corporation is an independent power producer that owns and
operates renewable assets. Etrion currently owns approximately 60
megawatts of operational, ground-based solar photovoltaic power
plants in Italy. The Company is listed on the Toronto Stock Exchange
in Canada and the NASDAQ OMX Stockholm exchange in Sweden (ticker
symbol "ETX"). Etrion's largest shareholder is the Lundin family,
which owns approximately 22% of the Company's shares through various
Note: The capacity of power plants in this release is described in
approximate MW on a direct current ("DC") basis, also referred to as
Chief Financial Officer
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