TES Announces Appointment of Paul Smith as Chief Financial Officer

Press Release
August 28, 2025
Reading time: 4 min
Brussels, 28 August 2025 – The Board of Tree Energy Solutions (“TES”), a global green energy company leading the way in the production of e-NG (electric natural gas derived from green hydrogen), is pleased to announce the appointment of Paul Smith as Chief Financial Officer (CFO). Paul brings over three decades of financial, strategic, and leadership experience across the global energy sector. His expertise in finance, capital markets, and energy transition will be instrumental as TES continues to develop giga-scale projects to accelerate the energy transition.
Paul joins TES at an important time, as the company continues to develop its European energy import infrastructure and accelerates its portfolio of global e-NG projects, which combine green hydrogen with recycled CO₂ to deliver affordable green energy at scale. His extensive background in corporate finance, M&A and capital strategy will play a key role in advancing TES’s growth ambitions and ensuring its long-term financial sustainability.
With a career spanning leadership positions at BP, TNK-BP, Talisman Energy, Vesta Energy, and most recently Wintershall Dea, where he served as CFO, EVP Carbon Management & Hydrogen, and Executive Board Member, Paul has a proven track record of driving shareholder value, building financial resilience, and leading organisations through successful transformations. At Wintershall Dea, he steered the company through its merger, IPO preparations, a landmark €11.5 billion strategic sale, and the build-out of one of Europe’s leading carbon management and hydrogen portfolios, laying the foundation for projects with the potential to store tens of millions of tonnes of CO₂ across Northern Europe.
Paul’s exceptional financial expertise is a critical asset for TES at a time of rapid expansion. His leadership will ensure the company’s financial strength and unlock the capital required to scale TES’ projects worldwide,” said TES Chairmen Marcel and Paul van Poecke and CEO Marco Alverà.
“I am excited to join TES at such an important time in its journey,” commented Paul Smith, Chief Financial Officer of TES. “The company’s vision to deliver e-NG at scale and help decarbonise the global energy system is one I deeply share. I look forward to contributing to TES’ mission and working with this talented team to make the provision of secure, affordable, and clean energy an integral part of a responsible energy transition.”

About TES

TES is a global green energy company developing giga-scale projects to accelerate the energy transition. In Europe, TES’ projects strengthen energy security and the diversification of energy imports, as well as support the European Union’s decarbonisation efforts. In Wilhelmshaven, Germany, TES is developing a green energy terminal, that will serve as a major hub for sustainable molecules. The already operating floating storage and regasification unit (FSRU) will be followed by a large-scale onshore LNG terminal and a CO₂ export terminal. Globally, TES leverages renewable energy solar, wind, and hydro, along with climate-neutral CO₂ for the production of e-NG (electric natural gas), a drop-in synthetic gas made from green hydrogen and captured CO₂. Large-scale e-NG projects are underway in the US (Live Oak), Canada (Project Maurice), and across Europe, and the Middle East. These green molecules support the shift to real zero emissions across industries and help win the race against climate change.