Founding CEO of Greenstar North America Joins NTR


March 20 2009

NTR is pleased to announce that Greenstar North America’s CEO and founder, Steve Ragiel, will be joining the company to work on sustainable energy and sustainable resource investments. Steve will also be joining NTR’s North American Advisory Board and will continue to be a shareholder in and an active member of the Greenstar Board of Directors.

Jim Barry, CEO of NTR plc said, “Based on NTR’s global view of the need for dramatically increased resource sustainability, we remain strongly committed to Greenstar North America’s business model. I would like to thank Steve for his contribution as its founding Chief Executive. He can be extremely proud of the world class team and asset base he has built, which gives the company a solid platform for future growth. NTR is looking forward to continuing to work with Steve on a number of NTR’s emerging sustainable energy and resource opportunities.”

Mike Wynne, Chief Executive of NTR’s International Recycling Division, will be taking over from Steve as Acting CEO while his replacement is finalized.

Enquiries:

Issued on behalf of NTR plc by Heneghan PR
Nigel Heneghan / Rachel Watchorn.
Tel: + 353 1 660 7395

Notes for Editors:

About NTR plc

NTR plc is a leading international developer and operator in renewable energy and sustainable waste management. Founded in 1978, NTR has evolved from being a developer and operator of infrastructure in Ireland to an international developer and operator of renewable energy (wind, solar and bio-ethanol), and sustainable waste management businesses in the USA, UK, and Ireland. The company employs over 4,100 people and has a market capitalization in excess of €497.7m.

About Greenstar North America

Greenstar is America’s largest private processor of recyclables backed by one of the world’s largest private recycling companies. Greenstar provides sustainable recycling solutions in the recycle processing, commodity upgrading and commodity trading sector of the solid waste market. Greenstar entered the U.S. market in 2006 and quickly established a platform for growth by partnering with some of the leading companies in the industry. The company handles 1.6 million tons per year of recyclables through a network of 17 processing facilities.

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