General – Appointments
The Board of Tree Energy Solutions (TES), a world-scale green hydrogen company with a mission to deliver on a net-zero future by decarbonising the energy chain, announced the appointment of Alexandra Pieton as Chief Projects Officer and Yves Vercammen as Chief Corporate Officer.
Alexandra Pieton brings over 20 years of valuable experience in the global energy industry and has held senior positions in engineering, project execution, operations and business management in key strategic markets such as the US, U.K., Malaysia, Indonesia and France. Before joining TES, Alexandra spent more than 15 years at Technip and TechnipFMC where she most recently served as Vice President Hydrogen Product Line and Vice President Energy Transition Strategy.
Yves Vercammen is an energy commodity markets expert with over 25 years of experience in the sector. Since 2018 he has been Transformation Projects Director at energy infrastructure group Fluxys, focusing on the challenges and opportunities related to the energy transition. Previously he was General Manager for Eni Trading and Shipping, where he was responsible for the global commodity trading activity of the Italian energy major, and was Head of Portfolio Management and Trading as well as Chief Financial Officer at Distrigas.
These two new senior appointments strengthen TES’ unique, sustainable business model as it aims to accelerate the clean energy transition and make its contribution to energy security. In Wilhelmshaven, TES is building the largest Green Energy Hub in Europe offering a unique model to convert large amounts of renewable electrons from sunny and windy locations into green hydrogen and affordable, renewable gas. The green hydrogen terminal in Wilhelmshaven will serve as the primary entry point for clean, safe, affordable and abundant sustainable energy in Europe, as well as a catalyst for a circular carbon economy. TES will import green hydrogen from its upstream projects in the form of renewable gas using green hydrogen and circular CO2.
In July 2022, the company announced the successful fundraising of €65m. The fundraising was backed by a global investor base comprising leading financial institutions such as HSBC and UniCredit as well as international energy corporations. Most recently, TES and global energy players E.ON and ENGIE were selected by the German Federal Ministry of Economics and Climate Protection to jointly develop and implement the fifth Floating Storage Regasification Unit (“FSRU”) in Germany starting from October 2023. The FSRU will fast-track TES’ Wilhelmshaven hydrogen terminal which is now scheduled to commence operations in 2025.