Carnegie Wave Energy Limited announced that the founder of 88 Green Ventures, Mr. Mike Fitzpatrick, will join Carnegie's Board of Director's as a non-executive director. Mike brings over 30 years of experience in capital markets and infrastructure investment. Mike was a director of a number of Hastings' managed investments, including Pacific Hydro Limited, Global Renewables Limited, Utilities of Australia and Australian Infrastructure Fund.

Mike is currently Chairman of the Infrastructure Capital Group, Chairman of Treasury Group Limited and also Chairman of the Australian Football League. He also holds a number of other non executive directorships, including Rio Tinto Limited and Rio Tinto plc.