Gunnar Holen

CEO in Nordic Electrofuel since February 2016. Have successfully developed the company and funded it with seed capital. Have negotiated and secured important contracts together with his team, which includes off-take, utilities, CO2 supply, long term renewable Power, Oxygen deliveries / distribution. Have built up the organization with a very high qualified management team. Brought the company through Basic Engineering and ready for construction. Secured a maximum grant award of €40 million from the EU Innovation Fund in July 2023, were the company also scored highest of all Mid-sized projects achieving 82.5 out of 90 points. Background and synopsis: Corporate and investment finance professional with 31 years of Investment banking experience. Very extensive experience from fundraising and M & A Activity. Leading and participating in huge amount of Placements. Previously top rated and high profiled Investment analyst both domestically and internationally. Has shown high entrepreneurship through founding and developing an Investment Bank from 2 to 50 employees and going from NOK0 to NOK80 in Revenues in five years. Co-founder of two investments banks and CEO of both. Have advised many companies which under his guidance have grown to large companies. Have in all jobs been a significant contributor for the Companies where he worked. Co-Founder and previous board member of Norge Mining and CEO of Norwegian subsidiary Norge Mineraler a company which has reported one of largest mineral discoveries in the world in the recent years.