Who we are

Executive Management

Gunnar Holen

31 years of experience with investment banking and corporate finance, including fundraising and M&A activity. Has contributed to and participated in a number of national and international IPOs.

Founded CAR ASA, which grew from two to 55 people from 2003 to 2007 and had a turnover of NOK 80 million NOK in the same period.
Has been a top-rated investment analyst both internationally and domestically. MA in business and economics.

Rolf Bruknapp

20 years of experience in the hydroelectric industry in Norway, the Nordic region, and Turkey. Has developed and operated numerous small and medium-sized power plants within hydro, solar, and wind. MA in business and economics.

Bjørn Bringedal
Chief Technical Officer

More than 30 years of experience within different process and automation industries, such as R&D, conceptual studies, engineering, and operational support. Held the position as senior specialist in ABB Oil, Gas and Chemicals before beginning at Nordic Electrofuel.

Has worked in various departments in ABB and Hydro, and has experience with oil and gas, aluminium, magnesium, technology, and project management. MA in chemical engineering and fluid dynamics from NTH, Trondheim.

Tom Henrik Sundby

Has more than 25 years of experience in finance and management, including over 10 years as CFO in various stock listed companies, most recently in Magseis Fairfield ASA.

Was instrumental in the 250 million USD acquisition of US based Fairfield. Was previously placed in Dubai to hold the position as CFO of Polarcus for 8 years. During this time, the company raised 1,5 billion USD and got an IPO.

Has, in addition, held several advisory and management positions within KPMG and TINE. MA in business administration with honours from BI Norwegian Business School and ESCP, France.

Rune Løvstad
Project Director

Has more than 30 years’ experience in both on- and offshore industry. Came from the position of Project Director in Aibel. Has held positions as vice president, project director, and manager within engineering, system completion, subcontracting, and business development.

Developed a renewable energy business, and has a technical and commercial mindset and in-depth competance within project strategy, methodology, leadership, and management. MA in naval architecture and marine engineering, institute of Marine Machinery.

Terje Dyrstad
CEO, Nordic Wind AS (100% NEF)

Extensive experience in development, design, and construction of hydropower plants in Norway and Turkey. In-depth competence within technical and water treatment processes. Has previously worked for companies such as Alfsen & Gundersen AS, Rovas AS, and Nordvest Energi AS. Educated machine/energy engineer, TIH Trondheim, and has a MA in social science, UiB.

Board of Directors

Ronald Tuft
Board member

Founder and previous CEO of Norway’s leading refugee reception company Hero. Board member and one of the largest shareholders in Norway’s largest transport company Litra. CoB and MoB in a large number of companies.

Jörg Walter
Board member

Senior Group Director at Marquard & Bahls AG in Hamburg, where he has been working for over 25 years. Responsible for HSSE, sustainability, communications, and IT, focusing on continuous improvement of the organisation and its portfolio.

From 2011 to 2012, he was chairman of the European Barge Inspection Scheme. Before joining Marquard & Bahls, he was a department manager in an environmental consulting firm. Has a PhD in geology from 1994, University of Cologne

Harald Norvik
Board member

Former President and CEO of Statoil Group (1988-99). Prior to this, he was Member of Aker’s Executive Board as CFO (1981-86) and CEO of Astrup Høyer (1986-87). He has been Personal Secretary to the Prime Minister and State Secretary in the Ministry of Petroleum and Energy.

He has served in boards in a number of international and Norwegian companies, and has been Chairman of the Board of Imatis, Deep Ocean, SAS, Telenor, Oslo Stock Exchange, and Aschehoug. He has, in addition, been a board member in ConocoPhillips, PGS, Orkla, EON Ruhrgas and Chairman of DNB’s Advisory Board. From 2002 to 2010, he was strategic advisor of ECON Pöyry.

Today, he is a board member of Umoe and Chairman of the Board of Barratt Due, NRC (Norwegian Refugee Council) and Kraft Bank. Has a MA in business from NHH, Bergen.

Bastian Mueller
Board member

Chairman of the supervisory board and majority owner of WM SE, the largest wholesale distributor of vehicle parts and services in Germany, which also operates in Europe and the United States. He is also a board member of the GVA, the German Association of Car Part Distributors, and has a professional background from Robert Bosch. He invests in Nordic Electrofuel through his family office Parkshore Holding GmbH.

Rolf Bruknapp

20 years of experience in the hydroelectric industry in Norway, the Nordic region, and Turkey. Has developed and operated numerous small and medium-sized power plants within hydro, solar, and wind. MA in business and economics.