Business & Finance
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Published in Business and Finance on Friday, August 27th 2010 at 4:11 GMT by Market Wire
VANCOUVER, Aug. 27, 2010 /CNW/ - Run of River Power Inc. (TSX-V: ROR) ("ROR Power" or "the Company") today announced the appointment of Richard Hopp as President and Chief Executive Officer.
Mr. Hopp comes to the position of President and CEO from the Company's Board of Directors, where he has been an independent member since his appointment in April 2006.
"We are extremely pleased to welcome Rick to the position of CEO," said William Hardwick, Chairman of the Board of Directors. "His proven track record in global renewable power generation and close relationship with ROR Power make him the ideal candidate to lead the Company to the next level."
Mr. Hopp has over 30 years of experience in the energy marketing and power development sectors. Most recently, he served as Vice President, Business Development for Elemental Energy Inc. Mr. Hopp is a technical advisor to Clean Energy BC (formerly Independent Power Producers Association of British Columbia). He has a BSc in Applied Economics from the University of British Columbia (1978) and a Master of Public Administration from the University of Victoria (1981).
About Run of River Power Inc.
ROR Power develops renewable, sustainable energy through its portfolio of run-of-river and biomass projects. The Company operates an Eco Logo(C) certified hydroelectric power generation station at Brandywine Creek, near Whistler, BC that generates cash flow under a 20-year contract with BC Hydro. ROR Power is well positioned for profitable growth through power generation initiatives that include its Mamquam Power Project, selected by BC Hydro for an Electricity Purchase Agreement. ROR Power's total development potential, in excess of 715 MW, represents a significant opportunity to help BC meet its rising demand for clean, sustainable power and achieve energy self sufficiency by 2016.
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