Tocardo strengthens management with finance appointments

L to R: Ruud Nijs; Henk Kasteleijn (Photo: Tocardo Tidal Power)

 
Dutch company Tocardo Tidal Power has strengthen its management board with two key hires.

Henk Kasteleijn has joined the company as Chief Financial and Operating Officer, bringing over 20 years of general and financial management experience with two leading multinationals in the innovative technology sector, according to Tocardo.

Also joining Tocardo is Ruud Nijs in the role of Project Finance Director. With over 25 years of experience, Nijs is very well and personally connected on decision-making level in all parts of the Dutch Economy and in the developing world, Tocardo said.

Universal Foundation System (UFS) (Image: Tocardo)

Hans van Breugel, Chief Executive Officer of Tocardo, said: “I am very pleased that we have attracted two managing board members of this caliber to join Tocardo’s diverse and talented executive team. The demand for tidal power is increasing and therefore also the demand for working capital for the projects.”

Tocardo has the exclusive rights for the development of five tidal projects in the United Kingdom – at the Fall of Warness in Scotland, and also in Wales, as well as and in the Netherlands as part of Delta works.

The company’s new standard product – the Universal Foundation System (UFS) – is ready for commercial rollout, according to Tocardo.

The first offshore system with the UFS will be installed at the European Marine Energy Centre (EMEC) in Scotland where Tocardo has a license for operation on a commercial basis for a period of 20 years.

Share this article

Follow Marine Energy

Events>

<< May 2019 >>
MTWTFSS
29 30 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

ICCE (ICCE019)

This conference is organized to share and discuss recent developments in clean energy sector…

read more >

ASEAN SUSTAINABLE ENERGY WEEK

ASEAN Sustainable Energy Week 2019 will feature the very latest innovative energy sources along with…

read more >

3rd World Congress on Wind & Renewable Energy

Conference Series warmly invites all the participants from all over the world to attend…

read more >

OCEANS 2019

OCEANS is the bi-annual event for global marine technologists, engineers, students…

read more >