Dr Steve Mahon has been a Director of the Company since April 2016. He Chairs the Board’s ESG Committee and is a member of the Audit and Risk Committee and the Remuneration Committee.
Dr Mahon is the founder and now Chairman of Armstrong Capital Management Limited which is an asset manager specialising in the ESG sector. Armstrong has managed over £300m of investment into the UK renewable energy sector over the last 10 years with a focus on the development, construction and operation of ground and rooftop solar. During this period Armstrong has successfully provided profitable exits for the investors in these assets including sales of solar investments to institutional investors such as Next Energy and Blackrock.
Dr Mahon has had a successful career in commercialising low-carbon technologies with more than 15 years in the sector and a track record in selecting and managing high-growth, low-carbon companies, both in the private and public markets. He is the co-founder and CEO of Mura Technology Limited (“Mura”), which is an advanced recycling technology business formed to recycle mixed waste plastic that would otherwise go to incineration or landfill. Mura is deploying its solution globally with partners such as Dow Chemicals, KBR Inc and Mitsubishi Chemical Corporation.
Before establishing Armstrong, Dr Mahon co-founded Low Carbon Investors Limited, a Guernsey-based fund management company and created the UK’s first dedicated feed-in-tariff fund with Downing LLP, the Downing Low Carbon EIS and went on to advise Downing on the investment of more than £45 million in feed-in-tariff projects in solar and wind assets.
Dr Mahon has a first-class degree and PhD in Geophysics and Planetary Physics.