A joint venture of Hexicon and Aker Offshore Wind set up to develop offshore wind farms in Sweden has appointed former Swedish Finance Minister Par Nuder and former Vattenfall executive Mikael Kramer to the JV’s board of directors.
Nuder has for the past decade worked in the private sector as a board member and strategic advisor to several companies and organisations, including the Albright Stonebridge Group and the private equity fund EQT.
For eight years, he was also the chairman of AP3, one of the national pension funds.
Kramer is an industry veteran having previously held the role of head of group mergers and acquisitions at Vattenfall.
Hexicon chief executive Marcus Thor said: “Sweden is an attractive market for offshore wind and has set a target to reach ‘net zero’ greenhouse gas emissions by 2045.
“Our projects have the potential to provide a stable and clean energy generation long term, which benefits both Swedish industry and Swedish consumers.”
Aker Offshore Wind chief financial officer Tom Selwood said: “As partners, we have the knowhow to deliver floating offshore wind generation in Sweden and are committed to a future of green renewable energy.
“Our joint venture represents our long-term commitment, whilst the newly established board of directors brings the expertise to succeed.”
The remaining four members of the Board of Directors are representatives from Aker Offshore Wind and Hexicon.
Both parties are technology agnostic for the purposes of the Swedish market and will work together to identify the optimal technology solutions for each project.