Endeavor Energy Announces Appointment of Brian Herlihy as New Chief Executive Officer

| Equity, Sustainable Infrastructure

Endeavor Energy Announces Appointment of Brian Herlihy as New Chief Executive Officer

Houston, Texas (25 October 2021) – Endeavor Energy Holdings LLC (Endeavor), an Africa-focused
independent power generation company backed by Denham Capital, a global sustainable infrastructure,
energy and resources focused investment firm, is pleased to announce the appointment of Mr. Brian
Herlihy as Chief Executive Officer of the Company, with immediate effect.

Mr. Herlihy brings 20 years’ experience in the broader energy and infrastructure sectors during which time
he has accumulated significant industry and managerial expertise, as well as a strong track record in Africa.
He has been involved in over $7 billion of project finance-related deals in Africa since 2007.

Prior to joining Endeavor, Mr. Herlihy was Managing Director for InfraSalience, a carbon capture company
which built its first demonstration plant in South Africa. Mr. Herlihy has also successfully founded a
number of Africa-focused businesses, including Black Rhino in 2012, a company focused on greenfield
infrastructure projects in the power, oil and gas sectors, and SEACOM in 2007, a $600 million submarine
fibre-optic network company which built the first cable to connect East and South Africa to Europe and
Asia.

Mr. Herlihy holds an MSc in Development Studies with a concentration in African Economics from the
London School of Economics, and a BA in Economics and Philosophy from Boston College. He serves on
the foundation and advisory committees for Africa Leadership University and the VAD Foundation, and is
a co-founder of the AllAfrica Foundation, which aims to advance sustainable development in Africa. Mr.
Herlihy was elected a Young Global Leader by the World Economic Forum in 2011.

Justin DeAngelis, Partner at Denham Capital, commented:

“We are delighted to welcome Brian to the Endeavor Energy team. His innovative and entrepreneurial
skillset, as well as his proven ability to build successful businesses make him perfectly placed to lead
Endeavor in its next chapter of growth. Brian’s cross-sector expertise and his knowledge of the African
market are impressive, and we look forward to working alongside him and the rest of the Endeavor team
to further develop Africa’s power sector, underpinning economic growth in the region.”

Brian Herlihy, CEO at Endeavor Energy, added:

“Accelerating the development of African infrastructure and championing socio-economic growth across
the continent is my major motivation. Endeavor Energy shares this ambition, and I am excited to lead the
business and further solidify its role as a leader in Africa’s power sector. With 12 years of direct operational
experience in Africa and a dynamic background spanning multiple industries, I am confident that I will help
deliver Endeavor’s strategy to develop, acquire, finance, construct, own, and operate power generation
projects in Africa.”

Notes to Editors

About Endeavor Energy

Endeavor Energy is a leading Africa-focused independent power producer (IPP) company headquartered
in Houston, Texas, USA with global offices in Cote d’Ivoire, Ghana, and Guinea. Backed by Denham Capital,
Endeavor Energy develops, acquires, finances, owns and operates integrated thermal, hydroelectric,
biomass, waste-to-energy, solar, wind and “hybrid, first-of their-kind” power generation plants in Africa.

Since its founding in 2013, Endeavor Energy has become a leading power generation and development
company focused on providing customized energy solutions for individual country needs in Africa.
Endeavor has an extensive development pipeline of projects across the continent, nearly 700MW of
projects in various stages of construction and an established track record as an international lender-approved
project developer and investor. Endeavor has catalyzed over $1.1 billion of investment to date
with an additional $500 million to be invested in Stage 2 of the Bridge Project. Endeavor continues to
invest in the development of unique integrated power generation projects. With the financial and
strategic backing of global sustainable infrastructure, energy and resources focused investment firm
Denham Capital, the company possesses significant development, financial and operational capability to
generate and participate in multiple complex integrated power projects in Africa. Endeavor Energy is also
a sponsor of the U.S. government’s Power Africa initiative. For additional information, please call +1 (281)
369-5908 or email us at [email protected]. For more information about Endeavor, visit
www.endeavor-energy.com.

About Denham Capital

Founded in 2004, Denham Capital is a global sustainable infrastructure, energy and resources focused
investment firm, with more than $12 billion of invested and committed capital across multiple fund
vehicles since inception. Specializing in both private equity and credit facilities, Denham invests in sectors
that are essential to economic growth. Denham’s investments help deliver the sustainable infrastructure,
energy and mineral resources needed for everyday life. The Denham team comprises highly skilled sector
specialists with expertise that enables Denham to build, develop and exit valuable renewable power,
energy storage, water infrastructure and resources assets. With an ongoing focus on opportunities in the
global energy transition, Denham recognizes the need to build a low carbon economy and seeks to invest
increasingly in companies and projects which share our vision for sustainable growth and long-term value
creation. For more information, visit https://www.denhamcapital.com/sustainable-infrastructure.

Contact Details

Media Contact
Elizabeth Adams / Jourdan Webb
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