| 07 March, 2018

Mark Reddemann appointed Chief Executive Officer of Nwah Energy Company

Experienced nuclear industry leader to head ENEC and KEPCO joint-venture.

Mark Reddemann appointed Chief Executive Officer of Nwah Energy Company

Abu Dhabi, UAE: The Board of Directors of the Nawah Energy Company (Nawah) announced today the appointment of Mr. Mark Reddemann as the company’s new Chief Executive Officer (CEO).

Nawah is the joint venture operating company formed by the Emirates Nuclear Energy Corporation (ENEC) and the Korean Electric Power Corporation (KEPCO) in May 2016 to operate and maintain the four-unit Barakah Nuclear Energy Plant, located in Abu Dhabi, UAE.

Mr. Reddemann has been chosen to lead the Nawah team in finishing preparations to operate and maintain the plant at Barakah, including achieving full operational readiness and further enhancing the performance and capabilities of the organization in keeping with the UAE’s commitment to the highest standards of safety, quality and security.

Mr. Reddeman brings 40 years of directly relevant nuclear and executive experience to his role at Nawah, as well as a demonstrated track record of building and leading high-performing, operations-focused teams and organizations.

In his previous tenure as Chief Executive Officer at Energy Northwest, he directed the operations of four electricity generating facilities in the state of Washington in the United States. Prior to this, he held senior roles across a number of prominent nuclear energy companies and institutions.

“We are glad to welcome Mr. Reddemann to Nawah,” said H.E Khaldoon Al Mubarak, Chairman of the Board of Directors of Nawah. “We are confident that we have recruited one of the most accomplished senior executives within today’s nuclear energy industry. Mark brings a wealth of experience and an exceptional track record as a nuclear leader and executive, and we look forward to his contribution as we deliver the first operating nuclear energy plant in the region.”

Mr. Reddemann will commence his tenure as Nawah CEO on 1 April 2018, following his recently announced departure from Energy Northwest.

“After eight successful years with Energy Northwest, and more than 30 years in the wider nuclear energy sector, I am excited to take on the responsibility of leading Nawah to achieve its mission and make the UAE the 33rd country in the world to benefit from peaceful nuclear energy generation,” said Mr. Reddemann. “The UAE Peaceful Nuclear Energy Program has made an impressive start in the construction of nuclear plants in a country with no previous nuclear infrastructure, and I am committed to seeing that Nawah delivers a similarly strong performance in establishing the region’s first nuclear operator.”

Following the appointment of Mr. Reddemann as Nawah CEO, Mr. Robert Fisher, who has been serving as Acting CEO since January 2018, will return to his full-time position of Chief Nuclear Officer of Nawah.


About Nawah Energy Company

Established in 2016, Nawah Energy Company (Nawah) will operate and maintain Units 1 to 4 at the Barakah Nuclear Energy Plant, located in the Al Dhafra Region of the Emirate of Abu Dhabi. The plant is the largest single nuclear energy new build project in the world, with four APR-1400 units under simultaneous construction.

With safety as its overriding priority, Barakah will harness the power of nuclear energy to provide 5,600 megawatts of safe, reliable, and carbon-free electricity to contribute to the UAE’s social and economic development and enhance the quality of life for generations to come. When fully operational, the Barakah plant will reduce the UAE’s carbon dioxide emissions by more than 20 million tons annually.

Nawah Energy Company is a Private Joint Stock Company (PJSC), established after the signing of a Joint Venture Agreement between Nawah’s Shareholders, ENEC (82%) and KEPCO (18%).

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© Press Release 2018