30 November 2022

Succession to Chairman of the Board

The Board of NESF is pleased to announce the appointment of Helen Mahy CBE to the Board as a non-executive Director with effect from 1 April 2023. Helen will succeed Kevin Lyon as Chairman of NESF from the next AGM in August 2023.

The Board of NESF is pleased to announce the appointment of Helen Mahy CBE to the Board as a non-executive Director with effect from 1 April 2023.  Helen will succeed Kevin Lyon as Chairman of NESF from the next AGM in August 2023.

Kevin has been Chairman of NESF since the Company’s IPO in 2014, having played a substantial role in the expansion and development of the Company. His fellow Directors and the Company’s Investment Adviser, would like to take this opportunity to thank Kevin for his leadership and for the many contributions he has made during his tenure.

Helen brings a depth of knowledge in relation to the energy sector to the Company.  She recently retired as Chairman of The Renewables Infrastructure Group (£3.27 billion market cap at 28 November 2022) and has valuable experience in investor and stakeholder engagement from that role and others.

Helen currently sits as a non-executive Director of SSE plc and Gowling WLG (UK) LLP, whilst also serving as a Commissioner for The Equality and Human Rights Commission. Helen has previously served as Group General Counsel and Company Secretary of the National Grid plc.

 

Kevin Lyon, Chairman of NESF, commented:

“We are absolutely delighted to welcome Helen to the Board.  We believe her experience and long-standing commitment to the renewable energy sector will allow her to bring a wealth of knowledge and insight to the Board and support the Company’s further expansion.”

 

Helen Mahy CBE, said:

“I am very pleased to be joining the Board of NESF which will allow me to continue to pursue my enthusiastic interest in renewables.  I am very much looking forward to working with my Board and manager colleagues from April 2023.”