Michel Thomas is the new CEO for Qarlbo Energy

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Press release
Stockholm, November 9

Michel Thomas has been appointed as the new CEO of Qarlbo Energy. Most recently he comes from EON where he for fifteen years held various roles, both nationally and internationally.

"Michel has a deep understanding of driving business and growth in a rapidly changing energy market. He has worked across the entire value chain – from large-scale power generation and energy distribution to customer solutions and sales. With his experience, Qarlbo Energy can become a leading player in the energy transition”, says Pär Nuder, chairman of the board of Qarlbo Energy.

"With Michels extensive network both in Sweden and internationally, Qarlbo Energy has unique access to other companies and investors, academia and the research community, which can contribute to accelerating the necessary energy transition", Pär Nuder continues.

"I like the fact that Qarlbo Energy has a clear focus and commitment to driving the energy transition. A sustainable future requires concrete action and investments in renewable energy and climate-friendly technologies. My hope is that my experiences and commitment can contribute to driving Qarlbo Energy forward," says Michel Thomas.

The current CEO Johan Jemdahl will continue in Qarlbo Energy as Chief Technology Officer (CTO). He will focus on technology development and direct investment.

Qarlbo Energy is owned by Conni Jonsson and family and by FAM, owned by Wallenberg Investments. The company invests in companies that contribute to the transition towards a sustainable energy system. Qarlbo Energy is the majority shareholder in Nilsson Energy AB and Hydri AB.

For questions please contact,

Per-Arne Blomquist, CEO Qarlbo AB
Email: p.a.blomquist@qarlbo.com
Tel: 070-7239324

Pär Nuder, Chairman of the board Qarlbo Energy
Email: par@parnuder.se

About Qarlbo Energy

Qarlbo Energy shall through investments in project and companies, either on its own or together with other investors, contribute to an accelerating development in energy transition. The company also has the ambition to be a platform for ideas and knowledge that contribute to sustainable development.

Through the subsidiaries Nilsson Energy and Hydri, Qarlbo has begun the establishment of an infrastructure for fossil-free transports. Hydri will build a network of filling stations for green hydrogen gas in Sweden. Qarlbo Energy has also invested in Wavemaker Impact, which is a Singapore-based venture capital fund for investments with a focus on developing fossil-free energy solutions.