London, 1 October 2024 – Veri Energy Limited (‘Veri Energy’), the company focused on industrial transformation and new energy solutions, is pleased to announce the appointment of Gavin Templeton as its new Chief Executive Officer based in London, effective October 1, 2024. Gavin is recognised as a leader in energy transition, with a proven ability to identify innovative concepts and transform them into successful commercial ventures.
Gavin brings with him extensive experience, having been part of the team that established and led the world’s first dedicated green finance institution, the UK Green Investment Bank, which was later acquired by Macquarie. His career began at BP as a trader before transitioning to investment banking roles at Morgan Stanley and Rabobank.
"I am encouraged by the progress Veri Energy has made in recent months," said Amjad Bseisu, Chairman of Veri Energy and CEO of Veri’s parent company, EnQuest plc. "We have assembled a strong team at Veri, and I am confident that Gavin’s leadership will help us take projects to an investment-ready stage, attracting new partners and capital to drive further growth."
"I am thrilled to join Veri Energy at such an exciting time for the company and the industry," said Gavin. "I look forward to working with the talented team at Veri Energy to build on the company's success and lead it into its next chapter of innovation and sustainable growth."
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About Veri Energy Limited
Veri Energy Limited is a leading new energy subsidiary of EnQuest plc, dedicated to driving sustainable and innovative energy solutions. Our portfolio of projects is initially focused on infrastructure transformation, carbon storage, renewable power and hydrogen and derivatives, with a mission to contribute to the UK’s Net Zero commitments and drive towards energy security. For more information, visit www.verienergy.com.