26 October 2021

Solnet Group hires new CFO from Credit Suisse

Solnet Group is pleased to announce that Mr Jukka Alvesalo will be joining Solnet leadership team in October to strengthen the company’s financial and capital management. Mr Alvesalo will support the Group’s continued rapid expansion into new markets and long-term strategic partnerships. Mr Alvesalo has over 20 years of experience in international financial management and strategy consulting, most recently at Credit Suisse Group in Zurich and in New York. He possesses an M.Sc. (Eng.) in Industrial Engineering and Management from Aalto University, as well as an M.Sc. (Econ.) in Management and Organization from Hanken School of Economics.

Arttur Kulvik, CEO of Solnet Group, gave a statement on the appointment: “With our growth track the company has reached a stage where we are thrilled to hire someone with the corporate and strategic background of Mr Alvesalo. He will be a valuable asset in scaling Solnet Group to new markets and strengthening our position as a leading European EPC.”

Commenting on the appointment, Kaj Kangasmäki, chairman of the board, said: “We are extremely happy that we attract world-class financial expertise to boost our growth and I warmly welcome Jukka to the Solnet leadership team. In the coming months, Solnet is looking to raise and deploy additional capital into its operations to accelerate growth in the European markets. Strengthening the finance of our team is a key part of our strategy, which will allow us to pursue our strategic growth objectives in the coming years.”

Mr Alvesalo commented: “I am excited to join the Solnet team at this important time in its history. The company’s potential for growth and value creation is tremendous. The combination of Solnet’s unique service offering, expertise and its team have already made it one of the fastest-growing energy companies in Europe. And clearly, the global trend towards sustainable energy generation will only further accelerate this pace. I am therefore very much looking forward to working with Kaj, Arttur and the leadership team to strengthen and optimize our funding structure and capital base to enable continued rapid growth."

Chris Limberger,
Manager Digital Marketing & Sales