Green hydrogen firm Protium has announced a handful of new board appointments to support its accelerating strategic plans.
Mikael Ericson, former group chief executive of Intrum, the Swedish-listed credit management and investment firm, joins the London-headquartered company to advise on international opportunities and financing.
Former Rolls Royce CEO Sir John Rose, joins Protium’s advisory board, bringing with him a wealth of knowledge from across the manufacturing and energy space.
He is currently involved in a number of energy and environmental technology projects and will guide on strategic partnerships.
Sir John is joined on the advisory by David Scott, co-founder and chairman of Tribe Impact Capital, the UK-based impact investment and wealth management firm.
He will provide guidance on all areas covering environmental social governance (ESG) and finance, while harnessing his start-up expertise.
The three new appointments follow the completion of Protium’s latest funding round to support its growth trajectory and commercialisation strategy, allowing the team to accelerate client projects into full scale development.
Chris Jackson, chief executive and founder of Protium, said: “I am delighted to welcome Mikael, John and David to our board and advisory board at such an exciting time for the business.
“To secure their support and complete this third round of funding further demonstrates the growing interest in not only green hydrogen as an emerging and viable energy solution, but also in the Protium proposition more broadly.
“At a time where taking action is essential, I am thrilled to have the support of our investors and specialists so we can accelerate our activity.
“Welcoming the new board and advisory board members – who have a proven track record for success in their respective fields – is incredibly exciting for myself and the entire team. Each brings with them remarkable experience which I am honoured that Protium can draw upon and work with – I am confident their input will be invaluable.”
This involves focusing on distributed solutions using green hydrogen alongside other technologies that the company develops, owns, finances, and operates to tackle emissions across the hardest to abate sectors.
Commenting on his board appointment, Mr Ericson, said: “I am extremely excited to be joining the Protium board at a time so critical for the energy market and our environment. I have been very impressed with the work that Chris and the entire team at Protium have delivered in such a short period of time and am proud to be able to support them through this next stage of growth.”
In addition to recently emerging into Wales and Scotland in the last three months, various companies in the aviation, horticultural, alcoholic manufacturing, and food and beverage sectors are working with Protium to support their decarbonisation strategies, with numerous new projects due to be launched, the company said.
The material cash contribution will accelerate Protium’s pipeline, the CAPEX of which already totals more than £1 billion for projects across a variety of industries.