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Carnegie Clean Energy Announces Board Leadership Transition
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Carnegie Clean Energy Announces Board Leadership Transition

Story Highlights
  • Carnegie Clean Energy Ltd specializes in ocean energy technologies with global operations.
  • Anthony Shields becomes Chairman, focusing on strategic growth in ocean energy projects.
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Carnegie Clean Energy Ltd ( (AU:CCE) ) has shared an announcement.

Carnegie Clean Energy Ltd announced changes to its Board of Directors, with Non-Executive Director Anthony Shields stepping up as the new Non-Executive Chairman following the retirement of Terry Stinson. Under Stinson’s leadership, Carnegie progressed as a leader in ocean energy technologies, and Shields aims to continue this trajectory, focusing on technical and commercial strategies and exploring new opportunities in the expanding ocean energy market. The transition is expected to maintain strong governance and strategic direction, as the company continues its projects in Spain and Tasmania and seeks new funding and project sites worldwide.

More about Carnegie Clean Energy Ltd

Carnegie Clean Energy Ltd (ASX: CCE) is an Australian technology developer focused on delivering ocean energy technologies for a more sustainable world. The company owns and develops CETO® and MoorPower® technologies, which harness energy from ocean waves to produce electricity efficiently using advanced AI and electric machines. With a global presence through subsidiaries in Ireland and Spain, Carnegie is recognized for its pioneering developments in the ocean energy sector.

YTD Price Performance: -4.00%

Average Trading Volume: 93,578

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $9.32M

See more insights into CCE stock on TipRanks’ Stock Analysis page.

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