Ark Energy appoints new CEO

16 January 2024

Ark Energy appoints Michael Choi as new CEO

Ark Energy Corporation has appointed Michael Choi as its new Chief Executive Officer.

Michael has a longstanding relationship with Ark Energy's parent company Korea Zinc and Korea Zinc Australia’s companies, and has served as a director of Ark Energy since its inception in 2021. He brings to the role a deep level of knowledge and experience in the group’s businesses.

Michael has been with the Korea Zinc Group since 2017, serving as Director of Strategies and Planning responsible for business plans and overseeing business operations and foreign subsidiaries, followed by a role as Chief Financial Officer for Sun Metals in Townsville from 2021 to 2023. He remains a director of Korea Zinc Australia’s Sun Metals, Townsville Logistics and Townsville Marine Logistics.

Michael commented: “Ark Energy has an exceptional team and has achieved a lot since the company was founded in 2021. I am excited to lead the next phase of Ark Energy’s growth, as we pursue our vision and core strategy to become a world-leading renewables and green hydrogen business”.

Founded in 2021, Ark Energy completed a friendly acquisition of leading Australian renewable energy developer Epuron in 2022 and over 2023 doubled its staff as it progressed a large portfolio of utility-scale renewable energy projects across Tasmania, New South Wales and Queensland.

The company’s 13 projects and more than 7.5 GW in development include the 3,000 MW Collinsville Green Energy Hub, the 1,000 MW Boomer Green Energy Hub and the SunHQ Hydrogen Hub in Queensland, and the Richmond Valley Solar Farm / BESS in NSW, which was awarded a Long-Term Energy Service Agreement by AEMO Services in December 2023.

Michael's appointment follows the decision of former CEO Daniel Kim to resign at the end of 2023.