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PensionDanmark will become a new minority shareholder in Stiesdal. The company develops floating offshore wind foundations, energy storage technology, PtX technology and pyrolysis plants for atmospheric carbon capture and storage and biofuel production.
At the helm of Stiesdal is CEO Henrik Stiesdal, a pioneer in the Danish wind energy industry. He designed his first wind turbine in 1976 and sold an updated design to Vestas in 1979. From 2004 to 2014, he was chief technology officer at Siemens Wind Power. Also on the Executive Management Board are Peder Nickelsen, who as former head of engineering at Bonus Energy and Siemens Wind Power has been involved in the design of more than 50% of all offshore wind turbines in the world, and Jacob Nørgaard Andersen, who will join Stiesdal on 1 June from a position as country manager for Vattenfall Denmark. Stiesdal was established in 2016. The company is headquartered in Give and also has locations in Odense and Copenhagen. PensionDanmark will invest in Stiesdal by subscribing new shares. Concurrently with PensionDanmark’s investment, the existing owners will also contribute fresh capital.
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