SHARC Energy
Summary
SHARC International Systems Inc. a leader in Wastewater Energy Transfer (“WET“), is pleased to announce the appointment of Michael Albertson as the Company’s new Chief Executive Officer, President and Director. Lynn Mueller has led SHARC Energy as CEO, President and Chairman of the Board since 2014 and will stay on as Executive Chairman of SHARC Energy’s Board of Directors.
Michael Albertson brings a wealth of experience and a forward-thinking approach to his new role as CEO, President and Director. With a proven track record evidenced by his involvement in the $364 million acquisition of WaterFurnace International by NIBE group in 2014, Mr. Albertson has a long history as a renewable thermal energy expert and fostering growth. Michael is poised to lead SHARC Energy into its next chapter as his vision for SHARC Energy aligns perfectly with the Company’s commitment to offering sustainable energy solutions that decarbonize our customers and communities.
“I am honored to take on this new role and continue the essential work of expanding SHARC Energy’s WET business,” said Mr. Albertson. “My focus will be accelerating our efforts to provide clean, efficient, and reliable energy solutions to drive the transition to a sustainable energy future.”
As part of this vision, SHARC Energy is committed to progressing in new customer sectors with promising opportunities developing with universities, water utilities, correctional facilities, military and the design & build energy sectors. These sectors are increasingly receptive to the Company’s offerings which is promising as these sectors can provide fewer regulatory hurdles, long-term customer relationships, shorter sales cycles and the potential for larger scale projects.
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