PowerHouse Energy (LON:PHE)

PowerHouse Energy (LON:PHE)


Share Price
0.46 p
Change
-0.06 (-11.65 %)
Market Cap
£8.45 m
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PowerHouse Energy

PowerHouse Energy Group (PHE) is a leader in low-cost, high-efficiency, ultra high temperature gasification in the Waste-to-Energy market.  Using the PHE G3-UHt units, we can develop projects for the gasification, and energy extraction, of difficult to manage waste-streams, generating clean synthesis gas- with zero emissions - and no smokestack. PHE virtually eliminates all waste and what...

EPIC: PHE
Market: LSE:PHE
52-week High/Low: 0.78p / 0.27p
Sector: Energy
Market Cap: 8.45M
Website: www.powerhouseenergy.net
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Big Picture – A Deep Dive Examination of the PowerHouse Energy


PowerHouse Energy Snapshot

PowerHouse Energy Group plc (AIM:PHE) has developed the innovative PHE G3-UHt waste-to-energy, ultra-high temperature gasification reactor technology together with auxiliary waste and power solutions. The company listed on the AIM market of the London Stock Exchange in June 2011.

This technology provides a mechanism to dispose of a wide range of waste streams by using them as feedstock that can be converted to synthesis gas (syngas).

This in turn can be used to generate electricity for export to the grid or for use within an enterprise. Unlike competitive techniques for converting municipal wastes to energy, the reactors do not produce toxic residues and have a small footprint, making them suitable for deployment at enterprise or community level.

PHE G3 ULTRA-HIGH TEMPERATURE SYSTEM

he PowerHouse G3-UHt system economically and efficiently processes a wide range of waste streams, including hazardous and toxic material, into usable energy without producing toxic by-products
The PHE G3-UHt system provides optimum recovery of energy contained in waste and biomass, including a total conversion of all organic content to syngas.

The low energy system remains easy to operate and offers and the highest energy recovery (power output per ton) commercially available today.

The modular system is also customer orientated, with adjustable setups that require a small footprint ensuring space isn’t an issue. It also means operating and maintenance costs are far lower than any common waste treatment plant, with only two people needed to maintain an active installation.

. Provides optimum recovery of energy contained in waste and biomass
. Low-energy system is easy to operate
. Offers the highest energy recovery (power output per ton) commercially available today
. Modular system is customer orientated


POWER GENERATION

On-site Generation (or Distributed Generation) is developed with environmental forethought, fuel efficiency and consumer perspective in mind to provide a more flexible alternative to large centralized power plants and ageing utility grids

PowerHouse works with fuel cells, micro-turbines and ultra-clean engines that conserve resources by generating energy more efficiently than the traditional supply from a utility and with minimal to zero emissions.

PowerHouse utilizes traditional and renewable fuels to generate energy while reducing emissions that would otherwise contribute to global climate change. We also have an open-technology approach, utilizing a complete portfolio of equipment to tailor the right solution for each client.

These concepts, commonly known as Combined Heat and Power (CHP) and Combined Cooling and Power (CCP), are what make on-site energy so efficient and cost effective.

By having the energy system installed on-site, users are able to take advantage of co-generation; capturing the excess heat of combustion from the engine to yield thermal energy in the form of hot water for heating, or through absorption chillers, cold water for cooling.

PowerHouse’s on-site energy systems potentially qualify for generous government economic incentives and tax rebates designed to encourage and reward users that take responsibility for how their energy is generated.

RENEWABLE FUELS

According to the U.S. EIA 2010 International Energy Report, the transportation sector is second only to the industrial sector in terms of total end-use energy consumption; with almost 30 percent of the world’s total delivered energy used for transportation fuels

While diminishing natural resources (conventionally fossil fuels and natural gas) are only available in select regions, emerging alternative energy technologies derive their power from resources available in most countries.

In the 2010 EIA report, non-OECD transportation energy use is projected to grow by 2.6 percent per year from 2007 to 2035 and, biomass alone could provide between 10-20% of the total global electricity production by 2050. Many of these developing countries are prime candidates for liquid fuels recovered from renewable feedstocks.

Having recently completed development of the PHE G3-UHt System after years of testing and research, PowerHouse’s primary current objective is to expand its access to renewable feedstocks for on-site power generation and the conversion of syngas to liquid fuels.

The growing demand for energy in all forms is driving significant commodity price increases and highlighting the viability of “alternative” energy resources. Increasing global concerns about greenhouse gas emissions are placing additional constraints on how energy is sourced.

The world market for waste-to-energy is projected to reach $33 billion by the year 2023. This growth is driven by an increase in solid waste generation, raised energy costs and a reduction in landfill capacity.

Growing concerns about global warming, the need for energy supply security and the rising popularity of cleaner energy sources are other key factors driving the waste-to-energy market.

The ability to convert renewable feedstocks/waste materials to energy provides creative solutions, both for clean energy generation and waste treatment.

KEITH ALLAUN
Chief Executive Officer

Mr. Allaun has a background in alternative energy, venture capital and management consulting. Mr. Allaun has worked with leading companies in emerging technologies for over 25 years.

Educated at Stanford University in Palo Alto, CA, Mr. Allaun possesses an extensive background in management and brings a wealth of results-driven experience to PowerHouse Energy Group. Mr. Allaun has helped build or revitalize dozens of companies & organizations throughout his career including Apple, Yahoo, Amazon and Hewlett-Packard.

CAMERON DAVIES
Non-Executive Chairman

Dr Davies is a capable business leader who has successfully grown revenues and profits in a quoted alternative energy company. As founder, CEO, and Executive Director of AIM-quoted Alkane Energy plc (now Alkane Energy Limited), he led that company through each phase of its development. He built Alkane from its initial concept to the point of providing over 160MW of connected power generation, and a successful exit for his shareholders – a c. £60 million sale to Balfour Beatty Infrastructure Partners in October 2015. Prior to Alkane Dr Davies led a number of other start-up companies and is currently a Non-executive Director of AIM-quoted Ascent Resources plc.

Dr Davies was awarded a PhD in Applied Geochemistry from Imperial College London. Over the course of the past 20 years Dr Davies has evaluated numerous gasification technologies and projects. He is also a Fellow of the Geological Society of London a member of the European Petroleum Negotiators Group, and the Petroleum Exploration Society of Great Britain.


BRENT FITZPATRICK
Non-Executive Director

Mr. Fitzpatrick has over 20 years experience as a corporate finance consultant. In the last 15 years he has been instrumental in advising a number of companies on their acquisitions and subsequent flotations.

Mr. Fitzpatrick was Non-Executive Chairman of Global Marine Energy plc- an AIM listed oil services company and Non-Executive Chairman of Risk Alliance plc, an insurance broker consolidator. Mr. Fitzpatrick is also an adviser to ECO Capital, a global clean tech fund and is a member of the Audit Committee Institute.

DAVID RYAN
Executive Director

David was the former CEO and Managing Director of Thyssenkrupp Industrial Solutions’ Oil & Gas Business Unit for the UK.

Prior to his employment with Thyssenkrupp, he founded and built a successful engineering consulting organisation, Energy & Power Limited, which was acquired by Thyssenkrupp in 2012.

He has over 30 years of increasingly complex engineering, business development, and project management experience. An expert in sophisticated design engineering, David will bring a breadth of project delivery, international business management, and general engineering acumen to the Board.

JAMES GREENSTREET
Non-Executive Director

Mr. Greenstreet has over 20 years of corporate and structured finance experience. Having started his career at Arthur Andersen, Mr. Greenstreet joined BAE Systems in 1994 to work in the corporate finance team.

After leaving BAE, Mr. Greenstreet held corporate finance positions at IBM and XL Capital, once more focussing on asset and lease finance. In 2001 he co-founded Orbis Capital a successful corporate and structured finance business. Over the past 10 years Mr. Greenstreet has been instrumental in sourcing, structuring, packaging and managing transactions for a number of high profile clients across a wide range of sectors.

SHARES IN ISSUE ORD 0.5P

 

The Company's issued share capital consists of:

The Ordinary shares having equal voting rights. No ordinary shares are held in treasury. Other than the AIM Market of the London Stock Exchange, the Company's shares do not trade on any other exchange or trading platform and the Company has not applied or agreed to have any of its securities admitted or traded to any other exchange or trading platform.

The deferred shares have no voting rights and do not carry any entitlement to attend general meetings of the Company. They will carry only a right to participate in any return of capital once an amount of £100 has been paid in respect of each ordinary share. The Company will be authorised at any time to affect a transfer of the deferred shares without reference to the holders thereof and for no consideration.

The Company's ordinary shares are listed on the London Stock Exchange AIM market (AIM: PHE). There are no restrictions on the transfer of shares.

The percentage of shares not in public hands (including shares held by directors, connected persons and holders in excess of 10% of the issued share capital) is approximately 0.5% of the issued share capital.

Correct as of 17 August 2018

PowerHouse Energy Group plc

10b Russell Court, Woolgate
Cottingley Business Park
Bingley
BD16 1PE
United Kingdom 

+44 (0) 203 368 6399
[email protected]

Nominated Adviser
WH Ireland
24 Martin Lane
London EC4R 0DR

+44 207 220 1666

Broker
Turner Pope Investments Ltd
6th floor, Becket House
36 Old Jewry
London EC2R 8DD

+44 (0)203 621 4120

Auditors and Reporting Accountants
Jeffreys Henry, LLP

Finsgate
5-7 Cranwood Street
London EC1V 9EE

+44 (0) 207 309 2222


Solicitors
Fladgate LLP

16 Great Queen Street
London WC2B 5DG, UK
DX: 37971 Kingsway

+44 (0)20 3036 7000
+44 (0)20 3036 7600
[email protected]

Registrars
Neville Registrars Limited

Neville House
18 Laurel Lane
Halesowen
West Midlands B63 3DA, UK

+44 (0)121 585 1131
+44 (0)121 585 1132
[email protected]

 

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