Rabbalshede Kraft recruits Financial and IR Manager, as well as Chief Operating Officer

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Rabbalshede Kraft has recruited Britta Ersman as Financial and IR Manager, as well as Lars Larsson as Chief Operating Officer (“COO”).

As Financial and IR Manager, Britta Ersman will be responsible for tasks including ensuring the Company’s long-term financing and the communication between Rabbalshede, the capital market, and shareholders. Rabbalshede Kraft is a limited company and like listed companies, it submits financial reports every quarter for the market to monitor the Company’s development. Britta Ersman has more than ten years of experience from the financial market and a background from the Second Swedish National Pension Fund where she was Head of Private Equity.

As Chief Operating Officer, Lars Larsson will take full control of the Company’s operations. The focus will be on safeguarding the development of existing wind-farm projects in the Company’s project portfolio and the development of new wind farms, as well as the sale of wind-power projects. Lars Larsson has a broad background in the energy industry and joins us from a position as Sales Manager at Göteborg Energi and CEO at Partille Energi and Ale Fjärrvärme.

“We are pleased to welcome Britta Ersman and Lars Larsson to Rabbalshede Kraft. The recruitment is part of the company’s expanded strategy to sell turnkey projects to external investors in which we can also be responsible for service when wind farms are in operation. The Company is continuing along the set path, whereby optimization of existing wind farms and wind farms under construction enables the delivery of renewable electricity at progressively lower costs,” says Thomas Linnard, CEO of Rabbalshede Kraft.

Britta Ersman and Lars Larsson will take up their positions at Rabbalshede Kraft in July and June, 2015, respectively, and will both be members of the company’s management group. Company management will comprise Thomas Linnard, Britta Ersman, Fredrik Samuelsson, Lars Larsson and Peter Bjelkengren.

For further information, please contact;
Thomas Linnard, CEO, Tel. +46 (0) 525-197 11, +46 (0) 706-100 120
thomas.linnard@rabbalshedekraft.se

Rabbalshede Kraft AB (publ) plans and establishes proprietary land-based wind farms, in collaboration with other players or for divestment whereby the company is able to offer operating services. Since Rabbalshede Kraft was formed in 2005, 95 wind turbines have been commissioned, of which 71 turbines in eight wind farms are managed internally. The electricity produced from the Company’s wind farms in operation is sold in the open electricity market, Nord Pool. An extensive project portfolio comprises the basis for growth. The Company has about 250 turbines under procurement, application and planning phases. Follow the Company's progress at www.rabbalshedekraft.se

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