August 01, 2014 10:07 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Cool Planet Energy Systems, Inc.

Company Overview

Cool Planet Energy Systems, Inc. develops green fuel and biochar products for energy, food, and water markets. Its CoolTerra biochar product enables fertilizer reduction and increased water retention for increased crop productivity, and plant health. The company’s biochar product sequesters carbon and delivers benefits to industries that include agriculture, chemicals, and pharmaceuticals. Cool Planet Energy Systems was formerly known as Cool Planet BioFuels, Inc. The company was founded in 2009 and is based in Greenwood Village, Colorado. It has a location in Camarillo, California.

6400 South Fiddlers Green Circle

Greenwood Village, CO 80111

United States

Founded in 2009

Phone:

303-221-2029

Key Executives for Cool Planet Energy Systems, Inc.

Chief Executive Officer
Age: 60
Founder and Chairman
Chief Financial Officer and Executive Vice President
Age: 57
Vice President of Operations
Chief Accounting Officer
Age: 48
Compensation as of Fiscal Year 2014.

Cool Planet Energy Systems, Inc. Key Developments

Cool Planet Energy Systems, Inc. Appoints Key Executives to Lead Construction of First Commercial Plant in US

Cool Planet Energy Systems, Inc. announced the team that will lead construction and operations of its first commercial plant in the U.S. The company announced that Randy Tucker will serve as Vice President, Capital Projects, with overall responsibility for directing the project. Robert Djelveh will serve as Vice President, Supply Chain, and Rex Downen will serve as Construction Manager on-site at the facility in Alexandria, Louisiana. Tim Palculict will serve as Plant Manager, with responsibility for plant operability, bringing the plant online and leading the plant's operations. Randy Tucker to lead project management team. Randy Tucker is joining the company after more than 25 years in project management and technical leadership roles. Before joining Cool Planet, he served as Vice President, IT Services, for Peabody Energy. He was Vice President, Service Delivery, for One Communications. Robert Djelveh to lead supply chain management and procurement. Robert Djelveh comes to the company as an internationally recognized leader in supply chain management and procurement, having worked extensively in Europe, North America and Asia. Most recently, he co-led PricewaterhouseCooper's and PRTM's supply chain and energy groups in China.

Cool Planet Energy Systems Appoints Jan Thijssen as Chief Technology Officer

Cool Planet Energy Systems announced that Dr. Jan Thijssen has joined the company as Chief Technology Officer. During his career, Thijssen has advised governments and Fortune 500 companies in the oil and gas, materials and utility industries in North America, Europe, and Asia. Working with some of the financial institutions, Thijssen has analyzed and evaluated more than a hundred emerging energy companies and biobased product companies. Thijssen will be leading the Cool Planet Research and Development organization that is based in Camarillo, CA, as it continues to advance and deploy the company's technology at commercial scale.

Cool Planet Energy Systems and Organic Waste Solutions, LLC to Develop Breakthrough Water Treatment Technologies

Cool Planet Energy Systems announced the signing of a Memo of Understanding with Organic Waste Solutions, LLC ('OWS'). Cool Planet and OWS will cooperate in developing proprietary biochar-enabled technologies to address the need for secondary wastewater treatment, water remediation, and the management of storm water runoff. The companies will work to set up and operate laboratory and field demonstrations, optimize and document the benefits of Cool Planet's proprietary biochar product in ecological bioremediation, and provide designs for optimal delivery systems. The parties will jointly evaluate the results of the experimental program at the completion of the studies and enter into definitive agreements to commercialize the technology subject to success.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
March 20, 2014
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