Mia Engnes proposed as new member of Swedish Stirling’s Board of Directors

The Nomination Committee of Swedish Stirling AB (publ) proposes that Mia Engnes – Director of Northvolt Ett – be elected to the company’s Board of Directors by an Extraordinary General Meeting. This is to strengthen the Board of Directors’ production expertise ahead of the autumn ramp-up of production volumes of the PWR BLOK.

Clean-tech company Swedish Stirling’s Nomination Committee proposes that Mia Engnes – Director and Manager in charge of the construction of Northvolt’s battery plant in Skellefteå, Sweden – be elected as a Board Member at an Extraordinary General Meeting to be held on 6 September 2021. The proposal is part of strengthening the Board’s production expertise, ahead of the ramp-up of production volumes of the PWR BLOK in the next few years, which the company intends to initiate this autumn. Mia Engnes is currently responsible for the implementation of all programmes and projects pertaining to the construction of Northvolt Ett in Skellefteå, Sweden, which is planned to become Europe’s largest battery plant. Mia Engnes has extensive and solid experience of operations management and being responsible for large-scale and complex programmes and investment projects, on behalf of companies such as BillerudKorsnäs and Tetra Pak.

In conjunction with the Nomination Committee’s proposal to elect Mia Engnes as a Board Member, current Board Member Andreas Ahlström has declared that he will make his place available for the benefit of Mia Engnes. Andreas Ahlström will continue his engagement with the company as a representative of the Nomination Committee appointed by AC Cleantech Growth Fund I Holding AB. Consequently, three of five Board Members will be independent of major shareholders, which is an important step in the preparations for a potential listing on Nasdaq Stockholm, Main Market.

We are very pleased to be able to welcome Mia Engnes to the Board of Directors. Mia has solid expertise and experience in building up large-scale production. Swedish Stirling will benefit greatly from this move in the coming years, when our focus will increasingly be on high-volume manufacture,’ explained Sven Sahle, Chairman of the Board and largest shareholder of Swedish Stirling.

For information about the Extraordinary General Meeting, please refer to the notice made public through a separate press release.

 

For further information please contact:

Sven Ljungberg, CCO, Swedish Stirling AB, +46 (0)31 385 88 30  ir@swedishstirling.com

About Swedish Stirling AB

Swedish Stirling AB is a Swedish clean-tech company founded in 2008 with a mission to further refine the incomparable ability of Stirling technology to convert thermal energy to electricity. The company’s latest product – the PWR BLOK 400-F – is a unique proprietary solution for recycling energy from industrial residual and flare gases and converting these into 100% carbon-neutral electricity at high efficiency. According to an independent certification, the PWR BLOK is the cheapest way to generate electricity that exists today, yielding greater CO2 savings per krona invested than any other type of energy. Swedish Stirling AB is listed on Nasdaq First North Premier and FNCA Sweden AB is appointed Certified Adviser, +46(0)8-528 00 399, info@fnca.se.  Read more at www.swedishstirling.com

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