REG - Powerhouse Energy Gp - MENA, GCC and Asia Marketing Agreement

Powerhouse EnergyAnnouncement

02/03/2026 07:00

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RNS Number : 8138U  Powerhouse Energy Group PLC  02 March 2026

 

 

2(nd) March  2026

 

Powerhouse Energy Group plc

("Powerhouse" or the "Company")

 

MENA, GCC and Asia Marketing Agreement

 

Abraham Accord linked company to market PHE in MENA, GCC and Asia

 

Powerhouse Energy Group plc (AIM: PHE), a company pioneering integrated
technology that converts non-recyclable waste into low carbon
energy with its revenue generating engineering
consulting subsidiary  ("Engsolve"), is pleased to announce that it
has signed a marketing agreement with Green Gecko Energy Limited ("Green
Gecko"), a UK based consultancy, which will act as the Company's sole agent
in introducing Powerhouse to potential opportunities across the Abraham
Accord countries, the wider MENA and GCC region, and certain countries within
Asia.

 

Highlights:

 

·      Green Gecko was formed by David Scott and Peter Nutt and in the
past 12 months they, and Sir Liam Fox, who is an adviser to the company,
 have been working in the Abraham Accords signatory countries, the wider
MENA and GCC region and certain countries within Asia to identify a number
of projects to exclusively utilise the Powerhouse high-temperature
pyrolysis (HTP) modular solution.

·     Projects currently identified for Powerhouse by the Green Gecko team
are located in Bahrain, Egypt, Kuwait and Oman; and address market niches
including:

o  pilot sites, predominately to address the processing of tyres and other
elastomers and/or polymers as well as plastic(s); and

o  deployment of high-temperature pyrolysis (HTP) modular solutions, which
can be expanded as performance and offtake markets are proven.

·      No up-front funding is required from the Company.

·      Agreement is on a "no win, no fee" basis, where any payment by
the Company to Green Gecko will be made on a commission basis, and satisfied
through a combination of cash and options over up to 3% of the Company's
current share capital (exercisable at a price of 0.5 pence) wherein specific
construction related milestones (and associated payments to PHE) are achieved
by the projects introduced by Green Gecko.

 

Commenting on the Agreement, Paul Emmitt, Powerhouse CEO, said:

 

"We are delighted to enter into this agreement with the Green Gecko
team. MENA is a huge market, and our technology has the potential
to provide a solution to the green energy needs of this region.  David
and Peter are highly connected and experienced in the area and we believe
that with them we will gain significant traction for our business
model and offering.

 

"We look forward to working with the Green Gecko team in further spreading
our geographic footprint as this relationship delivers the opportunities
that we believe are inherent in the region for our technology."

 

 

 

Peter Nutt and David Scott, Directors of Green Gecko Energy said:

 

 "We both are delighted to enter into this agreement with Powerhouse
Energy.  We have a number of projects which we anticipate bringing to
the Company from our relationships in the Abraham Accord countries, MENA, GCC
region and Asia. 

 

"We look forward to working with Paul and the Team in the year ahead."

 

About Green Gecko Energy

Green Gecko Energy is a private limited company, incorporated last
year, founded by David Scott and Peter Nutt with a strategy to market
Powerhouse's technology and model in the Abraham Accord Countries, MENA and
the wider GCC region and Asia.

 

David Scott has over 40 years of experience in corporate broking and
investment banking industry, advising small and medium-sized companies
listed on the London Stock Exchange and AIM Market. He has
extensive expertise in private equity, mergers and acquisitions, and
strategic advisory work for investors and management teams in the UK and
internationally.  He currently serves as a Partner at Chayton Capital LLP,
an FCA-regulated investment firm, and CEO of the Abraham Accords Prosperity
Group Limited, which is currently developing three
businesses, (i) Prosperity Microgrid Partners, which will develop the Green
Gecko opportunity, (ii) Prosperity Reach Partners, which is focused on
delivering service sector solutions, initially in Bahrain and Morocco
and (iii) a fund, focused on creating employment opportunities for young
people and businesses in the GCC Region.

 

Peter Nutt has many decades experience in corporate finance advising and
arranging experience having worked from bases in the City of London, Sydney,
Australia and twice from Tokyo, Japan. He is very familiar with complex
cross-border financing structures having arranged many lease and debt
transactions, particularly in the aviation sectors international flag
carriers. This knowledge coupled with senior contacts around the world will be
used for the benefit of Green Gecko.

 

 

-ENDS-

 

For more information, please visit www.phegroup.com
(http://www.phegroup.com/)  or contact:

 

 Powerhouse Energy Group Plc
 Paul Emmitt, CEO                                                                Via Tavistock below
 Ben Brier, CFO

 Strand Hanson Limited (Nominated & Financial Adviser and Joint Broker)          +44 (0) 207 409 3494
 Ritchie Balmer / Rob Patrick / James Harris

 Longspur Capital Limited (Financial Adviser & Joint Broker)                     +44 (0) 203 940 6608
 Adam Robertson

 Tavistock (Financial PR)                                                        +44 (0) 207 920 3150
 Simon Hudson / Nick Elwes / Saskia Sizen                                        powerhouse@tavistock.co.uk (mailto:powerhouse@tavistock.co.uk)

 

 

About Powerhouse Energy Group Plc

Powerhouse Energy has developed a process technology which can utilise waste
plastic, end-of-life-tyres, and other waste streams to convert them
efficiently and economically into syngas from which valuable products such as
chemical precursors, hydrogen, electricity, heat and other industrial
products may be derived. PHE's process produces low levels of safe residues
and requires a small operating footprint, making it suitable for deployment at
enterprise and community level.

 

Powerhouse also incorporates Engsolve Ltd, which is a revenue generating
business offering Engineering Services across all sectors, with speciality
services in the development of new technologies and clean energy.

 

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