On 1st of February 2024, Heinz Felder formally joined Njord Carbon AB as the new CTO. With his background as Senior Vice President at Stora Enso, leading its BECCS developments, he brings critical competence in Nordic forestry and technology as well as proven leadership.
“I am very happy to welcome Heinz onboard as our first CTO, as he has all the relevant experience that we could have hoped for in such a role. He will be involved in all relevant parts of our business including setting up the technical solutions along the value chain as well as working directly with CDR customers,” commented Jon Andre Løkke, CEO of Njord Carbon AB.
Njord Carbon is currently signing up global front runners as carbon removal credit customers (CDRs). Njord Carbon paves the way to build a value chain that collectively will permanently remove massive amounts of CO2 soon, and at an affordable price point.
Heinz Felder, CTO at Njord Carbon AB, commented: “I’m thrilled to join Njord Carbon. I love to work with new business and technology development in the bio-industries, and, yes, contribute a bit to making our planet a greener and better place.”
Erik Osmundsen, Partner at Verdane, commented: “We are excited to see Njord Carbon’s progress over the past year. This shows it has an important role to play in the nascent but emerging Nordic BECCS industry, and we look forward to continue supporting the growing team at Njord Carbon.”
About Njord Carbon
Njord Carbon’s purpose is to help enable the transition towards a sustainable world by making high-quality carbon removals available at scale and at an affordable price point. Through its founders, Södra and Verdane – as well as other partner organisations – Njord Carbon will offer certified and permanent carbon dioxide removal credits.
By separating out and permanently storing CO2 originally captured by growing trees, Njord Carbon stands at the forefront of tech-enabled negative emissions – and goes beyond others that simply reduce emissions from existing industrial processes. The initial phase will capture and store close to 1 million tons of biogenic CO2 per year, and Njord targets to have projects under development for storing at least 5 million tons of biogenic CO2 by 2030.
About Södra
Founded in 1938, Södra is Sweden’s largest forest-owner association, with 51,000 forest owners as its members. We conduct modern and responsible forestry, and operate state-of-the-art mills in which we process our raw material. Through value-generating relationships and a long-term approach, Södra shows the way for the next generation of forestry.
About Verdane
Verdane is a specialist growth investment firm that partners with tech-enabled and sustainable European businesses. Verdane can invest as a minority or majority investor, either in single companies or through portfolios of companies, and looks to deploy inside two core growth themes; digitalisation and decarbonisation.
Verdane funds hold over €6 billion in total commitments and have made over 400 investments in fast-growing businesses since 2003. Verdane’s team of over 140 investment professionals and operating experts, based out of Berlin, Munich, Copenhagen, Helsinki, London, Oslo, and Stockholm, is dedicated to being the preferred growth partner to tech-enabled and sustainable businesses in Europe.
Verdane is also a certified B Corporation, the most ambitious sustainability accreditation globally. The firm only backs businesses that pass its 2040 test, which indicates whether the company can thrive in a more sustainable future economy.
Verdane is partly owned by the Verdane Foundation, which is focused on two areas: climate change and more equitable and inclusive local communities.
More info: www.verdane.com
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Press Contact
Benjamin Mowinckel, Business Development Manager
Benjamin.Mowinckel@NjordCarbon.com
Press@NjordCarbon.com
+47 46643844
