Australian wave energy developer, Carnegie Wave Energy, plans to change its name to Carnegie Clean Energy.
The name change follows the recent acquisition of solar and battery microgrid developer, Energy Made Clean (EMC).
Subject to shareholder approval, Carnegie will change its name to Carnegie Clean Energy Limited and will from then trade on the Australian Stock Exchange under a new ASX code of CCE.
Michael Ottaviano, Carnegie’s Managing Director, said: “We have chosen the name Carnegie Clean Energy to better reflect our expanded clean energy interests across wave, solar, battery and microgrids whilst retaining the strong brand awareness and credibility that Carnegie has built in the renewable market space.”
Carnegie Clean Energy will be the only ASX-listed company with a dedicated renewable energy microgrid project delivery capability and the only microgrid company globally with a wave energy technology, according to Carnegie.