DGAP-News

HPS Home Power Solutions GmbH appoints Jewgeni Elster as Managing Director

DGAP-News: HPS Home Power Solutions GmbH / Key word(s): Personnel HPS Home Power Solutions GmbH appoints Jewgeni Elster as Managing Director 17.09.2020 / 09:00 The issuer is solely responsible for the content of this announcement. HPS Home Power Solutions GmbH appoints Jewgeni Elster as Managing Director

Berlin, 17 September 2020 - HPS Home Power Solutions GmbH (HPS), the Berlin-based energy solutions provider for single-family homes, which fulfils the need for energy independence, today announced the appointment of Jewgeni Elster as Managing Director and CFO. Jewgeni Elster (MBA) holds a degree in business administration, has more than ten years of relevant management experience in the financial sector of various energy companies and was most recently Chief Financial Officer at photovoltaic company Saferay Holding GmbH, where he was responsible for the areas of finance, business strategy & development.

"We warmly welcome Jewgeni to the HPS management team and are very pleased to have attracted such a proven financial expert in the energy business to support our growth plans," commented Zeyad Abul-Ella, Managing Director of HPS. "With the newly created position of Managing Director, we are preparing ourselves for our growth in the years to come."

"HPS is one of the most fascinating companies working on innovative energy systems. The unique picea^(R) energy solution from HPS makes it possible, for the first time, to provide a year-round, green power supply for the home. I am very much looking forward to commercially realizing this promising innovation and to jointly promote its dissemination through sustainable growth of the Company in Germany and Europe," says Jewgeni Elster, Managing Director of HPS.

Jewgeni Elster joins HPS with immediate effect. Prior to being CFO at Saferay Holding, he was CFO for several years at Dornier Consulting International GmbH in Berlin, an international consulting company of the Airbus Group for mobility, environment and infrastructure. This was preceded by leading positions at the energy companies Gazprom, Berlin, and Vattenfall, Hamburg, in energy trading and risk management. The business administration graduate and Energy Management MBA holder started his professional career in 2006 at the corporate consultancy PricewaterhouseCoopers in Frankfurt and Berlin, followed by senior positions in risk management at HSH Nordbank AG, Hamburg, an international financing specialist in the field of renewable energies, transportation and real estate.