UGE International Ltd. announced promotions within senior leadership team. Demetrios ("Jimmy") Vaiopoulos, who has been serving as the Chief Financial Officer of several of UGE's subsidiaries, has been promoted to Chief Financial Officer of UGE. Before joining UGE, Jimmy worked at KPMG in both audit and advisory practices, with a focus on energy and infrastructure markets, having experience in audit, project finance, and mergers and acquisitions.

Scott Matthews, who has been serving as Global Director, Projects at UGE, has been promoted to Vice President, Projects, as well as President of UGE's Canadian subsidiary, Endura. Prior to joining Endura (since acquired by UGE), Scott was Director of Construction at solar developer Recurrent Energy, now part of Canadian Solar Inc. Cameron Steinman, Chief Strategy Officer of UGE and former President of Endura, will transition from his role as an employee and officer of the Company to focus on his position on the Company's Board of Directors.