Hexicon and Aker Offshore appoint new JV board members

4C Offshore | Tom Russell
By: 08/09/2021 Hexicon
Hexicon and Aker Offshore Wind have appointed former Swedish Finance Minister Pär Nuder and former Vattenfall executive Mikael Kramer to the Board of Directors of its new 50-50 Joint Venture (JV) to develop floating wind offshore Sweden.

The board of directors for the joint venture includes Swedish nationals Pär Nuder and Mikael Kramer. Nuder, former Minister of Finance for Sweden, has for the past decade worked in the private sector as a board member and strategic advisor to several companies and organizations, 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 previously held the role of Head of Group Mergers and Acquisitions at Vattenfall during a period of European expansion.  

Marcus Thor, Chief Executive Officer of Hexicon, 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.”

Tom Selwood, Chief Financial Officer of Aker Offshore Wind, 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.

Stockholm-based Hexicon was founded in 2009 and has experience developing floating offshore wind projects with other established industry partners in countries such as Korea and Scotland. Hexicon develops wind power projects in deep water areas based on a patented technology for floating wind farms.

Aker Offshore Wind is an offshore wind developer headquartered in Norway with focus on assets in deep waters. With global operations, the current portfolio consists of development projects and prospects located in Asia, North America and Europe.