Momentum Capital appoints Eija-Riitta Korhola as board member of Clean Electricity Generation (CEG)
Today Momentum Capital, a leading private equity concern, announced the appointment of Eija-Riitta Korhola as board member of its company Clean Electricity Generation (CEG). She is also appointed as an advisor for Momentum Capital, where she will advise Seaborough and CEG, who are part of Momentum Capital’s clean tech portfolio.
Eija-Riitta Korhola, who holds a PhD in Environmental Politics, has more than 15 years of experience in European lawmaking, especially in the field of energy, climate, environment and the internal market. Having written and defended her doctoral thesis on climate politics (The Rise and Fall of the Kyoto protocol – Climate Change as a Political Process) she has a unique combination of academic research and political decision-making. Prior to becoming a Member of the European Parliament (MEP) in Brussels – where she was awarded with the MEP Award in the category of Energy in 2009 – she worked in development aid, journalism and business consultancy. She is a professional board member in companies concentrating on clean tech and a senior fellow at the Brookings-Tsinghua Center for Public Policy, a partnership between the Brookings Institution in Washington, D.C. and China’s Tsinghua University in Beijing.
Eija-Riitta Korhola’s vast knowledge of the energy industry combined with her policy making and legislation track record in the European political arena will be a valuable addition to our team.
Martijn van Rheenen, CEO of Momentum Capital commented: “We are delighted to have appointed someone of Eija-Riitta Korhola’s caliber and standing. Her vast knowledge of the energy industry combined with her policy making and legislation track record in the European political arena will be a valuable addition to our team, as we continue to align our European energy related business plan and take our strategy forward.”
Eija-Riitta Korhola added: “I'm excited to be joining CEG and Momentum Capital, a private equity company with a strong heritage in sustainable investments and leading innovative market positions across the world. I look forward to working with the businesses and the leadership team to help deliver on the company's strategic ambitions.”