Abchurch has won the ongoing financial PR and investor relations remit for Enterprize Energy Pte. Ltd., a leading-edge new era upstream energy company focusing on offshore energy development projects with renewable energy at its core.
Enterprize Energy has launched its first offshore wind farm project in the Taiwan Strait. The Hai Long project is a joint venture between Enterprize’s wholly-owned operating subsidiary, Yushan Energy, and Canada-based Northland Power.
Founded in Singapore, with Yushan Energy based in Taiwan, the Company strategically leverages an early-mover advantage by focusing on the Asian ‘Next Era, Low-to-no’ carbon energy business and position building three years ahead of European majors. Enterprize Energy strongly believes that energy revolution is followed by disruptive technical and economic evolution driven by technical advance and economic reward. The Company’s management team has previously established the highly successful Ormond Offshore Wind Farm in the East Irish Sea, providing more than 18 times return for initial supporters, adding yet more industry leading experience. Enterprize Energy has successfully secured USD $10 million cornerstone funding from key investor Northland Power Inc.
Tim Thompson, Senior Partner of Abchurch said: “Abchurch is delighted to be appointed as the financial PR and IR consultants for Enterprize Energy. It is an exciting time for the Company as they look to create a disruptive cycle set to re-shape energy provision, and the team is looking forward to working alongside the management to communicate its growth story to City audiences. Enterprize Energy is another fantastic addition to our expanding green energy portfolio.”
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