Bombora Wave Power appoints Chief Financial Officer

Company Name: Bombora Wave Power

Announcement Date: 30/05/2016
Announcement Category: Team Update
Announcement Content:

Bombora Wave Power Pty Ltd (‘Bombora’ or ‘the Company’) has appointed senior executive Allyn Wasley as Chief Financial Officer. Mr Wasley will lead the Company’s recently announced private capital raising to fund construction and deployment of the first 1.5MW mWaveTM in 2017 in Peniche, Portugal.

With over 15 years in executive level management and 10 years as a company director, Mr Wasley is highly experienced in corporate finance, mergers and acquisitions, corporate governance and project management. In addition to holding multiple directorships, Mr Wasley has worked as General Manager, Company Secretary and CFO at CBH, Australia’s largest co-operative and a leading agri-business.

Bombora’s Chief Executive Officer, Sam Leighton, said, “We are delighted to welcome Allyn to our team. His wealth of knowledge in corporate finance will play a crucial role with our current capital raising. He comes on board at an exciting time for Bombora, with our ‘invisible’ mWaveTM technology starting to generate clean electricity in 2017. “

Announcement URL:
About Bombora Wave Power:

Bombora is developing a Wave Energy Converter (WEC) to extract commercial quantities of power from the ocean. Each unit, rated at 1.5MW, is of a similar scale to the average size of most onshore wind turbines currently deployed.

Go to Company Profile for: Bombora Wave Power

Announcement Contact: [email protected]

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