• investors@fuelcellpower.com
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About

Who we are

Message from our CEO

“AFCP delivers affordable, renewable, and resilient energy assets and cleantech. We bring Power to the People, and we are combining stable revenue streams with advanced hydrogen technology to bring Future-Proof Value to Investors, today. I encourage you to learn more about how we are driving the energy transition for customers and investors, globally.”

Chief Executive Officer
Experienced leaders in their respective roles

Leadership

Frank Carnevale CEO

Mr. Carnevale is the Chief Executive Officer of Alkaline Fuel Cell Power Corp. (NEO:PWWR) Over the past two decades, he has developed and managed several investments in cleantech and PropTech platforms, including originating over $2.5 billion in transactions in energy and utilities sectors. Mr. Carnevale is passionate in his defence of underserved energy customers- residential and small/medium, industrial, commercial and institutional customers. In delivering in the global energy transformation, he bridges investors with opportunities to deliver customer-centric solutions. Mr. Carnevale previously served as Chief Growth Officer and Chief Operating Officer of a TSXV-listed company delivering design build thermal energy systems, HVAC and Building Controls in Canada. Prior to that, he was Founder and Chief Executive Officer of a boutique consulting, advisory and development firm where he originated and developed energy and infrastructure transactions, including the development of a large wind farm, distributed energy and retrofit contracts, and mergers and acquisitions of several electric utilities. Mr. Carnevale previously served on the Executive Board of the Energy Council of Canada among several industry organizations.

Jo Verstappen Managing Director, FCP NV

Mr. Jo Verstappen has shifted his focus and experience towards hydrogen and fuel cell technology over the last 5 years because of the huge market potential and opportunities. He has vast experience in production methodology, organization, and business development for new products. His experience is key to structure the Company and personnel, as well as making sure the Company will have a sizeable footprint in the hydrogen market.

Joel Dumaresq CFO

Joel Dumaresq has 30 years of experience in the financial sector, and for the last 12 years he has been the Managing Director of the Vancouver-based private equity firm, Matrix Partners Inc. Mr. Dumaresq also has Oil and Gas executive management experience in United Kingdom, East Africa and Asia, and has been instrumental in raising over $100M for Oil and Gas ventures from public markets and industry farm-downs. He has extensive expertise in mergers and acquisitions and previously worked in a financial and investment banking role with RBC Dominion Securities. He is also the Corporate Secretary, CFO and Director of the Company.

Carmine Marcello Advisor

Carmine advises governments, utilities and cleantech startups across the Middle East, North America and the Caribbean. From 2013 to 2015, Carmine served as Chief Executive Officer of Hydro One Inc., one of Canada’s largest transmission and distribution companies, with a market cap of over $20 billion and over $23 billion in assets. He served in numerous executive roles from 2003, including Asset Management and Strategy and Planning.

Anthony Durkacz Advisor ( Investment Broker )

Mr. Anthony Durkacz has served as a director and the Executive Vice-President of First Republic Capital Corporation (“FRCC”) since 2014. Prior to co-founding FRCC, Mr. Durkacz was President of Capital Ideas Investor Relations. He previously served as the Chief Financial Officer and a director of Snipp Interactive Inc., a global marketing solutions company that provides a modular software-as-a-service technology suite. Mr. Durkacz was instrumental in the financing and public listing of Snipp Interactive Inc. with operations in Canada, the United States of America, Mexico, and India. From 2006 to 2009, he served as Chief Operating Officer and Chief Financial Officer of MKU Canada Inc. and engaged in mergers and acquisitions of companies around the world. Mr. Durkacz also served as the Chief Financial Officer and a director of Astris Energi Inc., a dual-listed public company in the United States and Canada, which was acquired by an international conglomerate. Mr. Durkacz began his career at TD Securities Inc. on the capital markets’ trading floor. He holds an Honours Bachelor of Business Administration from Brock University with a major in both accounting and finance.