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Aeternum Capital

05 Mar 2012 09:03:45

Aeternum appoints Rt Hon Lord Cunningham as advisor to the board

Aeternum Capital, the infrastructure developer and renewable energy specialist, has announced the appointment of Lord Cunningham as an advisor to the board. Lord Cunningham brings with him a wealth of experience in both politics and industry, following a career of over 40 years spent in both Houses of Parliament and with a number of companies in the energy sector.

Lord Cunningham is an industry expert who has previously advised leading chemical firms such as Albright & Wilson, Dow Chemical Co., Hays Chemical and Hickson Chemicals. As well as being an active member of the House of Lords, he chairs the North- East Sustainable Resources Board, which seeks to improve recycling and reuse capability in the region.

Lord Cunningham was first elected as a Labour Member of Parliament in June 1970 and went on to represent the Cumbrian constituency of Copeland for 35 years. He has an impressive Parliamentary record; from Parliamentary Private Secretary to Prime Minister James Callaghan, to Shadow Leader of the House. His environmental and energy credentials were further boosted during his time as Parliamentary Under-Secretary for Energy, and Minister of Agriculture, Fisheries and Food. He also served as Minister for the Cabinet Office and Chancellor of the Duchy of Lancaster in Tony Blair's Cabinet.

Before entering Parliament, Lord Cunningham gained a PhD in Fluorine Chemistry and worked as a Research Fellow at the University of Durham. Commenting on his appointment, Lord Cunningham said: "Aeternum is an exciting and innovative organisation working hard to ensure the development of sustainable infrastructure in this country. I am looking forward to working with them as they continue to drive forward technologies that will assist the UK’s transition to a low carbon economy".

Eann Ramsey Smith, partner at Aeternum, commented: "Lord Cunningham has invaluable experience in both industry and political office and we are delighted to welcome him to the team. Aeternum are constantly looking to develop our expertise as we continue to expand our renewable energy portfolio".

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