Jim Schnieders, Iain Deay and Greg Bahora Appointed to Executive Roles

SINGAPORE--(BUSINESS WIRE)--Twenty20 Energy, which delivers innovative energy solutions that accelerate the transition to a cleaner energy future, today announced the appointment of Geoff Lawrence as its chief executive officer and member of the board of directors. Lawrence, previously the CEO of Asia Pacific Energy Ventures (APEV), will lead Twenty20 Energy and its pursuit of a near-term public listing.

Twenty20 Energy also confirmed the appointment of other members of the senior management team. Jim Schnieders has been appointed president and to its board of directors; Iain Deay has been appointed chief strategy and development officer and will act as interim chief financial officer; and Greg Bahora was named chief operating officer.

It was announced in February that APEV will carve out subsidiary Twenty20 Energy with plans to take it public on the Nasdaq in the second quarter of 2022. Singapore-based Twenty20 Energy was formed in 2014 as a subsidiary to APEV.

�I�m extremely pleased with the official appointments of Jim, Iain and Greg to the senior leadership team at Twenty20 Energy,� said Lawrence. �We have a seasoned management team with complementary experience that is ready to move the business forward, and I�m confident in this group�s ability to continue our track record of growth and expansion through successful power generation projects. We are all pulling in one direction: To be a leader in developing projects that deliver cleaner energy while empowering economic growth for today and beyond.�

Geoff Lawrence, Chief Executive Officer and member of the Board of Directors

With a focus on Twenty20 Energy�s upcoming initial public offering, Lawrence has primary responsibility for the company�s overall strategic direction and performance. He served as CEO for APEV since 2014. Lawrence also leads major account development and management, while maintaining international technical and strategic partnerships, which position Twenty20 with a key competitive advantage in the markets served.

Lawrence began his career in corporate sales, working with global industry leading organizations including Fuji Xerox, Ricoh and Toshiba, before moving into supply chain solutions and logistics with UPS, where he was responsible for establishing, implementing and streamlining complex logistics solutions for major corporations.

Jim Schnieders, President, and member of the Board of Directors

As president and member of the board of directors, Schnieders will be responsible for leading the management team to deliver the long-term goals in alignment with its strategies and business objectives.

Prior to joining Twenty20, Schnieders held multiple senior executive roles with global infrastructure provider Black & Veatch. In his most recent role, as executive vice president and managing director for the global floating oil and gas solutions unit, Schnieders oversaw all floating liquified natural gas projects as well as hydrogen and biofuel emerging markets. Prior to that, he served as the managing director for greater Asia and the Indonesia country manager for all business lines� operations and project execution there.

Iain Deay, Chief Strategy and Development Officer (interim Chief Financial Officer)

As chief strategy and development officer and interim CFO, Deay will oversee Twenty20 Energy�s financial and commercial activities while ensuring the systems and processes are in place for compliance and reporting and supporting M&A activity. Working with Lawrence, he will be responsible for guiding the company through the IPO process.

Immediately prior to joining Twenty20 Energy, Deay worked as a strategic consultant to a range of clients in Singapore and Southeast Asia. Previously, Deay held several financial roles and was then business development director for Asia Pacific at a large multinational corporation with region-wide responsibilities across financial and commercial areas of the business as well as supporting M&A activity. Deay is a qualified Chartered Accountant (Fellow of ICAEW) and holds a master�s degree in engineering, economics and management from Oxford University.

Greg Bahora, Chief Operating Officer

As chief operating officer, Bahora is responsible for managing Twenty20 Energy�s business operations and performance, which includes implementing strategies and optimizing the organization�s operational capabilities to deliver consistently outstanding results. In this role, Bahora partners with all Twenty20�s business lines and professionals.

Prior to joining Twenty20, Bahora was vice president and director of power services for Black & Veatch, overseeing assets and employees across Asia. He brings more than three decades of experience in conventional and renewable power generation, water resources, floating liquified natural gas, and mining on multiple concurrent projects across greater Asia.

About Twenty20 Energy

Twenty20 Energy delivers innovative energy solutions that enable clients, partners, and stakeholders to accelerate a transition to a cleaner energy future. From concept development to operations and maintenance, Twenty20 provides engineering, project execution and asset management, coupled with the capacity to provide funding or shared ownership positions. Uniquely positioned in the energy landscape, Twenty20 has a global reach with local sensitivity, developing projects that deliver cleaner energy while empowering economic growth for today and beyond.

Contacts

Bob Zeitlinger / Makovsky

[email protected] / 551 427 7298