Press release

Svea Solar appoints Andrew Kristensen as new COO

Svea Solar, one of Europe's fastest growing cleantech companies, welcomes Andrew Kristensen as the new Chief Operating Officer (COO). In his new role, Andrew will play a crucial role in Svea Solar's ambitious hypergrowth journey.

Andrew Kristensen has extensive experience from leading positions in several international companies, including in the construction and automotive industry. He has previously been involved in taking fast-growing companies to new markets and has worked in several different countries in Europe, Asia, and the United States.

- It feels great that Andrew is now joining us at Svea Solar. We were convinced by his positive energy, leadership skills and international experience. These skills will help us further strengthen our global presence and continue our growth in both existing and new markets, says Erik Martinson, CEO and co-founder of Svea Solar.

- I am really looking forward to being part of the ambitious team at Svea Solar and to start as COO. Svea Solar is the market leader in Sweden and has fantastic opportunities to continue rapid growth globally, at the same time as the offer to customers, employees and society as a whole is developed. It is an exciting journey that I look forward to being a part of, says Andrew Kristensen.

- Together with the recently announced capital injection from Altor Equity Partners, this recruitment, and many more, marks an important milestone for us in our journey to become Europe’s leading solar energy company by 2025, with more than 5 000 employees and revenue of 1,5 billion Euro, says Erik Martinson.

Andrew Kristensen has previously been involved in starting up Volta Trucks and has held positions as Managing Director for Saint-Gobain Weber Sweden and CEO of CrossControl AB. Before moving to Sweden in 2008, he has been active in countries such as the United States, the United Kingdom, France and Denmark.

About Svea Solar
Svea Solar is one of Europe’s fastest growing cleantech companies and the #1 solar solution provider in Sweden. Starting in 2014 Svea Solar now has operations in five markets in Europe with over 700 employees. Svea Solar offers a powerful solution for sustainable living with solar panel systems, batteries, electric car chargers, fossil-free electricity contracts, and a platform enabling customers to produce, consume and sell their power. In addition, Svea Solar develops large-scale energy production. Svea Solar aims for a world where everyone can be self-sufficient on clean energy. Svea Solar has operations in Sweden, Germany, Spain, Belgium and the Netherlands.

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