Illyrian Power has been formed to finance the acquisition of renewable projects in Central Europe with an initial focus on Slovenia. These projects have become available due to business restructurings with banks and investors having to restructure their investment. In most cases the assets are capable of generating income either immediately or in the short term and can be acquired at a discount. Loans made by Illyrian will usually be to businesses that can produce economically stable and renewable power.
Illyrian is currently reviewing a series of investments and is initially concentrating on existing built and developed biogas power plants in Slovenia.
The objective of Illyrian Power is to achieve a return for investors in the form of income generation on the provision of loans. Illyrian aims to generate stable and secure income for Preference Shareholders by investing in renewable energy power production.
Initial positions in biomass and biogas plants are intended to be supplemented with diversified investments in other types of energy projects including tidal, solar and wind.
Peter retired as a solicitor in 2009, prior to which he was a corporate partner at DAC Beachcroft LLP. He has held a number of directorships of both private and publicly-listed companies and currently sits on the board of two AIM companies, Mountfield Group Plc (of which he is chairman) and Limitless Earth Limited.
Chief Executive Officer
Neil worked as a regulated financial adviser for over twenty years, specialising in UK pensions law and advice on alternative investments. For the last ten years he has worked as a tax consultant advising on appropriate structuring for businesses and investment funds, as well as helping to raise funds for various ventures including renewable energy projects.
Chief Executive Officer
Duncan Webster worked in tax structuring and finance related activities primarily fundraising since 2001. He also has experience in running businesses. He has developed a network of individuals and corporate contacts through his activities. Over the past five years, Duncan Webster has arranged or made investments in the Central European region, including industrials, renewable power and financial services.
Independent Non-Executive Director
Andrew has significant operational experience across a range of sectors. He has served as CFO and FD in the renewable energy, telecommunications and retail industry. He has led large and small business through turn-around, re-structure, growth and exit stage. Andrew has a degree in Economics and Business studies from the University of Hull, United Kingdom.