Green Energy, a leading innovator in solar panels, today announced the successful completion of a leveraged management buyout (LMBO), marking a significant milestone in the company’s evolution. The buyout, led by the company’s CEO and senior management team, together with a group of investors, positions Green Energy to capitalise on new opportunities, accelerate growth, reach more customers, and drive CO2 reduction within transportation and construction.
The LMBO was structured to enable the management team to acquire a controlling interest in the company, leveraging external financing to fund the transaction. This strategic decision was driven by the need to establish a cleaner, more streamlined capital structure that will better support our strategic goals and future growth.
“We believe this management buyout provides the best path forward for Green Energy’s ambitious grown plan. We have a unique product that offers a compelling value proposition for companies looking to save cost and reduce carbon emissions at the same time. With this new capital structure in place, we can more effectively pursue our ambitious goals in the transportation and construction sectors, as we continue to innovate and scale.”
Martin Thaysen, CEO, Green Energy Group
In conjunction with the LMBO, we are appointing a new Board. We are excited to announce the appointment of Peter Kjær Jensen as Chairman of the Board. Peter brings with him deep knowledge and experience of the transport industry and global supply chain, having previously held roles as CEO of Post Nord, Vice CEO of PostNord Group, and as Chief Operating Officer in A.P. Moller-Maersk.
“I am very excited to join Green Energy Group as Chairman and look forward to working with Martin and the Management Team to achieve their 50×50 Mission – to reduce carbon emissions by 50 million tonnes by 2050. It’s imperative that the transportation industry reduces its CO2 emissions, particularly in road transport. I believe that Green Energy has the technology to drive real change – with a solar solution that reduces carbon emissions by 5% and shows a positive return in less than 18 months. There are no more excuses for not taking action.”
Peter Kjær Jensen, Chairman of Green Energy Group
Peter Kjær Jensen currently serves as the Chairman of eBoks and World Tour CPH P/S.
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Practical information for our customers and partners
The ownership of Green Energy Group has been transferred to a new company structure with a new CVR Number, bank connection, etc. The new company has already been established, and the finalisation of the transaction is expected to be completed by 4 October 2024.
The Green Energy teams that you have worked with in the past, their contact information, and our products remain unchanged.
Important information about Green Energy Group
CVR Number: 45105474
About Green Energy
Green Energy, a Danish green tech company, was founded in 2017 with a clear purpose: to reduce the use of fossil fuels and promote green mobility by utilizing renewable energy. From the start, the company had a vision to reduce CO2 emissions by 50 million tons by 2050 and has since committed to encouraging a more cost-effective and sustainable transport sector. The journey started with reshaping the transport sector and offering a solar solution that is both cost-effective and environmentally conscious. But it didn’t stop there. The possibilities of CIGS technology extend far beyond transport. Using the latest CIGS solar panel technology, Green Energy have developed solutions that are not only tailored to life on the road, but also to solve challenges in the construction sector. With their thin, ultra-light design, our solar solutions pave the way for reduced environmental impact, improved efficiency, aesthetics and increased sustainability.
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For more information, please visit greenenergy.pro or contact:
Nadja Ahrenfeldt, Head of Communication | nakr@greenenergy.pro
