Fulcrum Utility Services announces Jennifer Babington to its Board as Non-Executive Director

– UK, Sheffield –  Fulcrum Utility Services Limited (LON: FCRM), the UK’s market-leading independent multi-utility infrastructure and services provider, today announced the appointment of Jennifer Babington as Non-Executive Director with effect from 1 May 2020.

“I am delighted to welcome Jennifer to the board as a Non-Executive Director. Her breadth of experience will further enhance the board, its independent judgement and will support the Group through the current short-term uncertainty and will complement the next phase of strategic development and growth. Jennifer’s specialist knowledge in the renewables sector and green investments space is particularly exciting and will assist the Group in capitalising on the significant long-term electrical opportunities available to us as the UK decarbonises its energy.” said Phil Holder, Board Chairman.

The Company also announces that Wayne Hayes, Non-Executive Director, will be retiring from the Board with effect from 30 April 2020 for personal reasons. However, he has agreed to continue to support the Board, following his retirement, as a Special Adviser during this challenging period.

Phil Holder added: “I would also like to thank Wayne for his significant contribution since he joined the Board. It has been a pleasure to work with him and to benefit from his knowledge, and we appreciate his continued support during these unprecedented times. We wish him a long and happy retirement with family and friends.”

About Jennifer Babington

Jennifer joins the board with extensive experience in law, finance and industry. Having commenced her career as a corporate finance lawyer at Norton Rose Fullbright, she later moved into the renewable energy and infrastructure sector as Legal Counsel of Element Power Limited, a UK-based based renewables company, overseeing their wind and solar developments in northern Europe. Following this, Jennifer served as the Chief of Staff at the UK Green Investment Bank, the UK Government’s green investment fund, established to commercialise green investments in the United Kingdom and was responsible, amongst other things, for advising its Chief Executive on strategy. Jennifer is currently Operations Director and General Counsel of Virgin Racing Limited.

Jennifer has a Master’s degree in Jurisprudence from Oxford University.

About Fulcrum Utility Services Limited

Fulcrum is a multi-utility infrastructure and services provider based in Sheffield, UK. The Company’s primary business is the provision of utility infrastructure services to the residential, commercial and industrial markets throughout the mainland UK. These range from the design, installation or alteration of utility services for single site properties to large complex multi-site projects. Through its subsidiaries, Fulcrum Pipelines Limited and Fulcrum Electricity Assets Limited, Fulcrum is also licensed as an Independent Gas Transporter and Independent Distribution Network Operator, owning and operating gas and electrical assets that connect properties to the main UK gas and electricity networks. Fulcrum is also a meter asset manager, owning and operating meter assets across mainland UK.

For more information: https://www.fulcrum.co.uk

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