News
 
GreenExergy appoints new President

June 1, 2010
GreenExergy announced the appointment of Håkan Carefall as its President. Prior to joining GreenExergy, Håkan has been working with business development within Business Area Heating at Skellefteå Kraft since 2007.

As part of the management team at Skellefteå Kraft, Håkan Carefall has been working with our reference plants in Storuman and Hedensbyn and has acquired deep knowledge of the business and its advantages. He has a master's degree in industrial engineering and management.

GreenExergy AB, based in Skellefteå, develops, markets and delivers technology and engineering services for bioenergy production plants and the production of energy from forest biomass. The company is owned 33% by Skellefteå Kraft and 45% by Outotec. Sparbanksstiftelsen Norrland ventures capital foundation, Nordtherm and GreenGold Investment Group own the remaining shares in the company.

The market potential for bioenergi combine in Scandinavia and Europe has grown and it is likely to increase significantly. The technology expertise comes from the bioenergy production facilities in Hedensbyn and Storuman in Sweden. Both these facilities use an innovative technology for drying the raw materials which significantly improve the plant energy efficiency compared to the other technologies.

For more information about the company see www.greenexergy.com

For more information:
Jan H Nilsson, Chairman GreenExergy AB
Tel 0910-87622
e-mail jan.h.nilsson @ outotec.com

Håkan Carefall, President GreenExergy AB
Mobile 070-267 38 70
e-mail hakan.carefall@greenexergy.com
 
Skellefteå Kraft and Outotec to establish GreenExergy, a joint venture for bioenergy technology business

April 1, 2009

Outotec
and Skellefteå Kraft AB have today agreed to establish a joint company GreenExergy AB. The company will focus on the development, marketing and delivery of technologies to bioenergy power plants for the production of bioenergy from forestry and sawmill residues. Outotec's stake will be 45%, Skellefteå Kraft's 33%, and three Swedish companies,  Northern AB, GreenGold Investment Group AB and Sparbanken AB  will each have a minor stake in the joint venture. The new company is expected to start operation in the first half of 2009 in Sweden.

The joint venture partners estimate that the market potential for the bioenergy technology in Scandinavia and Western Europe is a few hundred million euros and that it will increase markedly in future.

Skellefteå Kraft is one of the largest energy producers in Sweden and owns a number of combined heat and power plants based on biofuel. The company has developed process technology for producing bioenergy in the form of electricity, heat and pellets from forestry and sawmill residues, and two of its plants use this technology. The process is based on innovative raw material drying technology, which considerably improves the energy-efficiency of the production compared to alternative technologies.

Outotec has extensive know-how and global experience in technology development, technology sales, plant engineering and project implementation. It will provide these services in projects marketed and delivered by GreenExergy.

Nordtherm is a consultant with long experience from the process design of energy plants based on biofuels. 

GreenGold Investment Group is a knowledge-intensive Swedish investment and asset management house who are active in forestry and wood industry.

Sparbanksstiftelsen is a Venture capitalist who engages in promoting regional economic development in the northern part of Sweden.

The bioenergy technology of GreenExergy will complement Outotec's existing energy related competences in coal charring, gasification and combustion, oil shale pyrolysis, roasting of sulfidic ores and off-gas cleaning. Outotec maximizes the energy-efficiency in all its processes that operate at elevated temperatures by using the off-gas heat in other plant areas as an energy source. This reduces the carbon dioxide emissions of the plants using Outotec's technology.

"This joint venture supports Outotec's growth strategy, brings significant synergy benefits and complements our know-how of sustainable energy production technologies. We are looking for opportunities to expand our business outside the mining and metals industry to other process industries. Energy and environmental technologies are areas close to our expertise and we see big business potential there," Tapani Järvinen, CEO of Outotec, says.