HitecVision’s specialized investment team consists of more than 40 investment professionals, and is characterized by its substantial experience from the European energy industry combined with financing and structuring expertise.

HitecVision has been investing in the energy industry for more than 30 years and has built a balanced team of industry and investment talent. The team is characterized by its long industry experience, its network and its expertise and track record in investing. The 24 person senior investment team has an average of 22 years of global operational experience and 20 years of financing and investment experience across the energy sector value chain.

The investment team includes a dedicated credit team that ensures the necessary quality and efficiency in financing processes. In addition, a Specialist Functions team supports the investment team within specialized areas such as audit & risk, transaction services, portfolio monitoring, compliance, sustainability and HR, while the Corporate Team ensures the efficiency of the whole organization by keeping offices and ICT services running smoothly at all times.

Team

Anders Forgaard Drage

Senior Associate

+47 91 79 59 66

Anders Forgaard Drage joined HitecVision in 2022, from Investment Banking at SpareBank 1 Markets, where he participated in several projects involving M&A sell-side and buy-side advisory, capital raises and investment analysis within the renewable energy sector. Previously, he worked as a management consultant at Bain & Company.

Anders holds an MSc in Advanced Economics and Finance from Copenhagen Business School.

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Anders Garneng

Analyst

+47 94 87 85 86

Anders Garneng joined HitecVision in 2021. He has been part of a range of M&A opportunities within renewable energy and energy transition, including acquisition of Hafslund Oslo Celsio.

During his studies, Anders worked as analyst at Nordea Markets, and had an internship at Norsk Hydro.

Anders holds an MSc in Business with Major in Finance at the BI Norwegian Business School.

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Anders Yttervik

Head of Investments

+47 90 92 60 39

Anders Yttervik joined HitecVisions Corporate and Investor Services team in 2011 in the position as Portfolio Monitoring Officer.

Anders has previously worked for PricewaterhouseCoopers in Stavanger, where he was Associate with a client portfolio within the bank/finance and the oil and gas sector. Prior to PwC he worked as a Financial Analysts with BOLT Corporate Finance.

Anders holds an MSc from the Norwegian School of Economics and Business Administration.

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Anna Lane

Office Manager London

+44 7966 167 509

Anna Lane joined NEO Energy and HitecVision’s shared London office in 2019 as Executive Assistant to NEO’s CEO.

She is responsible for organizing all administrative activities at the London office, as well as supporting the management and operation of various administrative projects.

Anna has held senior roles in Business Administration and Business Advisory in several companies including Morgan Stanley and a private Political & Security Consultancy in London.

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Arne Trondsen

Head of Business Development

+47 92 60 44 24

Arne Trondsen joined the HitecVision team in 2008. He joined from Argentum Fondsinvesteringer AS, the Norwegian States PE fund investor managing approximately NOK 10 billion, where he was Chief Investment Officer. His work experience includes management consulting with McKinsey & Co. and Boston Consulting Group in London, as well as experience from direct and PE fund investments.

Arne has a degree in economics and an MBA from Northwestern University, USA.

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Astrid M. Løvhaugen

Accountant and Payroll

+47 47 65 40 90

Astrid Løvhaugen joined HitecVision in 2007. She has previously worked as an accountant with the audit firm Idsø & Ravnås Revisjon for 11 years. Her work experience also includes several years as an accountant and secretary with KPMG and as an office assistant with Autogard.

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Benjamin Balteskard

Associate

+47 41 34 81 71

Benjamin Balteskard joined HitecVision in 2019. He has worked primarily with HitecVision’s portfolio of offshore energy service companies, including the launch of Moreld, an industrial group of HitecVision-owned niche players in the offshore services market that were operationally merged together in Spring of 2020.

His previous experience includes internships at Wellington Management and L.E.K Consulting in Boston.

Benjamin has a BSc in Business Administration with a major in Finance from Northeastern University in Boston.

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Benjamin Vidnes

Senior Associate

+47 94 83 75 04

Benjamin Vidnes joined HitecVision in 2019. During his time at HitecVision he has been involved in a broad range of activities including deal origination and execution. Benjamin has worked on a number of deals as well as the implementation of energy transition strategies in HitecVision’s energy service portfolio.

His previous experience includes an internship with Skagen Funds.

Benjamin holds a MSc in Finance at Cass Business School in London.

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Birgitte Kolstad

Investment Director

+47 92 32 74 78

Birgitte Kolstad joined HitecVision in 2020 from her role as Senior Financial Analyst at Copenhagen Infrastructure Partners (CIP).

At HitecVision Birgitte has primarily engaged in projects and transactions related to the energy transition, mostly focusing on renewable power generation.

She has several years of experience from energy transition investments working at Copenhagen Infrastructure Partners, following up onshore/offshore wind and solar assets. Previously, she has worked as a financial analyst at Ørsted, focusing on Bioenergy and Thermal power.

Birgitte holds an MSc in Finance and Strategic Management from Copenhagen Business School.

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Chiara Sgambaro

Associate

+39 333 1365 810

Chiara Sgambaro joined HitecVision in 2022 from the position as Investment Analyst at Green Arrow Capital Group, an alternative investment platform, working in the team of the Private Equity division focused on investment in European SMEs.

Previously, she worked for the same Group as Financial Controller of the funds under management and attended an internship at Unicredit Group.

Chiara holds an MSc in Economics and Finance from Ca’Foscari University of Venice.

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Christian A. Bøe

Investment Director

+47 98 90 61 01

Christian A. Bøe joined HitecVision in 2022 from his position as Corporate Finance Manager at EY. He spent almost four years at EY where he participated in several M&A and strategy projects involving sell-side and buy-side advisory, capital raises, financial restructuring and investment analysis within various sectors.

Prior to joining EY, Christian spent three years at Viking Supply Ships in Copenhagen as a Controlling Manager and Corporate Controller.

Christian holds an MSc in Business with major in Finance from BI Norwegian Business School in Oslo.

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Christian Kronstad

Senior Partner

+47 41 66 66 65

Christian Kronstad joined the HitecVision in 2016.

During his years in the company, he has been a team member on several investments, including oil field services and infrastructure investments, but has primarily focused on investments in the E&P segment and specifically the establishment of Vår Energi and the most recent E&P company, NEO Energy.

Currently, Christian also focuses on investments within energy transition and renewables.

Christian holds an MSc in Economics and Business Administration, with a major in Financial Economics, from the Norwegian School of Economics (NHH) in Bergen, Norway.

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Claudia Di Guardo

Associate

+39 327 5661 334

Claudia Di Guardo joined HitecVision in 2022 from the position as Investment Analyst at NUO Capital, a private equity firm based in Milan backed by Exor and World Wide Investments.

Her previous experience includes working as Associate Consultant at Bain & Company and Investment Analyst at Alternative Capital Partners.

Claudia holds an MSc in Finance from the Università Commerciale Luigi Bocconi in Milan.

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Crister Berge

IT Administrator

+47 40 08 10 98

Crister Berge joined HitecVision in 2022. In HitecVision, Crister supports all IT and Cyber Security activities, including user support to the employees.

Prior to this he worked as Purchasing and Marketing Manager at Tell, an Apple Premium Reseller. During his 15 years with Tell he was also responsible for business clients, including consulting and support.

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Dag Thomas Michalsen

Partner Credit & Head of Credit

+47 91 77 07 35

Dag Thomas Michalsen joined HitecVision in 2017 from his role as Director in the Capital Markets team in DNB Markets’ Investment Banking Division where he worked since 2007. His primary responsibilities were loan origination, syndication and restructuring of credits related to the maritime and offshore industry. Prior to joining DNB Markets, he was a Credit Analyst for DNB Bank and Kaupthing working in London and Luxembourg, as well as Assistant Treasurer in Bergesen d.y. ASA.

Dag Thomas holds a Master of Business and Economics with specialisation in finance from the Norwegian School of Management.

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Egil Stokka

Senior Partner and Chief Compliance Officer

+47 48 00 36 26

Egil Stokka joined HitecVision in 2001 from the position as Corporate Advisor in Marine Shuttle Operations, an oil service asset-based company.

Since joining HitecVision he has worked on a range of investments, most recently responsible partner for Asset Buyout Partners, from its build-up through exit.

He has now taken over the responsibility of compliance, including financial regulatory requirements and reporting to relevant financial supervisory authorities.

Before joining HitecVision Egil spent several years as a lawyer at the law firms of Schjødt and Langangen & Engesæth.

Egil holds a Master of Laws from the University of Oslo and an MSc in Economics and Business Administration from the Norwegian School of Economics (NHH).

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Einar Gjelsvik

Senior Partner

+47 99 28 38 56

Einar Gjelsvik joined HitecVision in 2014, from the position as interim CEO in one of our portfolio companies Verus Petroleum.

Einar has been involved with all E&P transactions across all active funds and through the entire investment life cycle, as a member of the team that established CapeOmega and also the building up of today’s Vår Energi.

He is currently focusing on development of NEO Energy and Sval Energy, through acquisitions and organic growth.

Prior to joining HitecVision, Einar also served as CEO of Noreco, an independent E&P company focused on the North Sea region. Einar also has experience from BP in various positions in Norway and UK.

Einar holds an MSc in Chemical Engineering from the Norwegian University of Science and Technology, an MBA in Business Administration and Strategic Management from the Norwegian School of Economics (NHH) and is a CFA charterholder.

 

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Elisabeth Haavardsholm

Senior Associate IR

+47 47 29 56 25

Elisabeth Haavardsholm became a member of the corporate team in 2018. Prior to joining HitecVision, she has held several positions within the service industry.

Elisabeth holds a BA in Business Finance from the California State University. She has also taken further studies in Databases: application in data modelling with EER and UML notation.

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Erlend Basmo Ellingsen

Senior Partner and Head of Investment Team

+47 92 84 01 79

Erlend Basmo Ellingsen joined HitecVision in 2016 from Statoil (now Equinor) where he held various positions within M&A, business development and strategy.

Erlend currently focuses on energy transition and renewables investments, most recently the establishment of Vårgrønn. He was also engaged in the acquisition of Hafslund Oslo Varme and the establishment of Aneo, in partnership with Trønder Energi.

In his first years with the company he was on the teams responsible for developing HitecVision’s E&P companies Vår Energi and NEO Energy.

Erlend holds an MSc in Materials Science and Engineering from Northwestern University, USA and a BSc in Engineering from Institut National des Sciences Appliquées de Toulouse, France.

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Francesco Verre

Senior Partner

+39 349 773 9336

Francesco Verre joined HitecVision in 2022. Previously he was a Partner at McKinsey & Co in London, where he worked as leader in the Global Energy and Material practice and in the Private Equity service line focused on business and performance turnarounds for energy companies and assets.

Francesco has also held managerial positions in both Eni and Petrofac, and has broad experience in acquisitions, organic growth and turnaround projects.

Francesco holds a Global Executive MBA from IE Business School, an MSc in Petroleum Engineering from Imperial College and an MSc in Mechanical Engineering from the Polytechnic of Milan.

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Grethe Meisingset

Partner

+47 98 26 42 75

Grethe Meisingset joined HitecVision in 2022, from the position as Senior Vice President Strategy & Business Development at TOMRA Collection Solutions (TCS), the world leader in reverse vending and one of the earliest companies promoting the circular economy.

She has been a member of the Executive Leadership Team in TCS, responsible for strategy and business development across new and existing markets, in addition to delivering decision support to the EVP of TCS and the TOMRA Board.

Previously, she spent six years in transaction advisory roles with PwC in Norway and New Zealand. Her latest position being Senior Manager at PwC Deals Oslo, where she was a central member of the Corporate Finance team, leading M&A processes across a wide range of industries.

Grethe holds an MSc in Economics and Business Administration with a major in Economic Analysis from the Norwegian School of Economics.

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Gunnar Halvorsen

Senior Partner

+47 91 83 39 06

Gunnar Halvorsen joined the team in 1997 as an investment manager in one of HitecVision’s predecessor companies.

At HitecVision he has been involved in investment activities throughout the entire energy industry, with particular expertise in the E&P.

Gunnar is currently focusing on development of portfolio companies from industrial transformation to the energy transition.

His previous experience includes several years in financial and M&A positions with oil company Amoco in Norway and the US. He has also held positions at Kreditkassen bank and oil service company BJ Hughes.

Gunnar holds an MSc in Finance from the University of Colorado.

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Hazeefa K. Mahmood

Analyst

+47 46 96 30 56

Hazeefa K. Mahmood joined the graduate programme in 2022 after completing an MA (Hons) Finance and Business at the University of Edinburgh.

Her previous experience includes an internship at the Hatchery, a novel clean tech and green finance incubator for start-up businesses on the African continent, and with Fremtind Insurance.

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Hilde Søraas Hansen

Head of People, Organisation & Community Engagement

+47 41 57 77 27

Hilde Søraas Hansen assumed the position as HR Director with HitecVision in 2008. She joined from Manpower Professional Executive in Stavanger, where she was Regional Manager. Her 10 years of work experience at Manpower includes executive search and recruiting, external consultancy services on staff competence and development as well as internal personnel management and marketing. Prior to this she worked three years as a sales consultant.

Hilde holds a degree in international marketing and languages from Stavanger College.

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Jan Harald Solstad

Senior Partner

+47 98 20 63 38

Jan Harald Solstad joined HitecVision in 2015 from the position as co-founder and CEO of Core Energy AS (a HitecVision Fund V investment). Core Energy, an oil and gas company seeking to capture the value potential in producing NCS fields and adjacent development projects, was established in 2010. From inception Jan Harald has developed a company with a diversified portfolio of assets consisting of producing fields, developments and exploration acreage.

Jan Harald has been a well reputed strategic and financial advisor to the oil industry for more than a decade, starting his career with Conoco Norway Inc., in 1991. He worked as an Economist and Business Analyst and later as an Oil Trader in London. From Conoco Norway, he joined EY as Senior Manager of Corporate Finance for a period of four years and then went on to establish an E&P advisory boutique, SB Finans in Oslo. The company later became part of the investment bank RS Platou Market where he held the position as Head of Oil & Gas for several years, prior to co-founding Core Energy.

Jan Harald holds an MSc degree in Business and Economics from the University of Nordland.

Read our interview with Jan Harald here. 

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Jan Helland Eide

Partner

+47 94 52 73 50

Jan Helland Eide joined HitecVision in 2021 from Scatec ASA, where he was Vice President Project Development and Country Manager Vietnam. He brings extensive knowledge of and experience from the global renewable energy sector.

Jan has played a key role in building Scatec’s presence in Southeast Asia. Most recently he was overall responsible for all project development in the region, ranging from country strategy and entry, project origination (including partnerships and M&A agreements), project development (incl. land and offtake agreements), as well as project structuring until construction start.

He has also been closely involved in Scatec’s broader strategy development over the last years, most recently in taking a leading role in shaping the company’s transformation from a pure-play solar PV company to a broad renewable energy company across emerging markets.

Prior to Scatec, Jan worked as an associate at McKinsey & Co.

Jan holds an MSc from the Technology & Policy program at the Massachusetts Institute of Technology (MIT) and a BSc in Mechanical Engineering from INSA de Toulouse in France.

Read our interview with Jan here.

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Johan Sonander

Partner Credit

+47 928 20 933

Johan Sonander joined HitecVision in 2017 from his role as Client Executive in the Oil & Gas team in SEB Merchant Banking. He worked 19 years with SEB, of which the last 10 years with credit responsibility for E&P and oil service companies. Prior to that, he led the Account Management team in Oslo supporting the credit team.

Johan holds an MSc International Economics from School of Business, Economics and Law, University of Gothenburg, Sweden.

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John Knight

Senior Partner

+44 7768 172 068

John Knight joined HitecVision in 2018, at our London office.

John joined the HitecVision team from the position as Executive Vice President, Global Strategy & Business Development at Equinor. He has 16 years’ experience from Equinor, where he has held several central managerial positions in International Operations, mainly in business development. Between 1987 and 2002, he held various positions in energy investment banking. From 1977 to 1985, he qualified and then worked as a barrister/lawyer, after which he worked for Shell Petroleum in London from 1985-1987.

John has first and post-graduate degrees in law from Cambridge University and the Inns of Court School of Law in London.

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Jon Vatnaland

Senior Partner

+47 90 50 00 16

Jon Vatnaland joined HitecVision in 2020 from the role as Executive Vice President at Statkraft, the largest generator of renewable power in Europe. He brings extensive knowledge of and experience with the utilities and power generation sector in Norway and Europe.

Having been more than 11 years with Statkraft, Jon was involved in both strategic and business related transformations as well as M&A in the power generation sector. He was instrumental in building up Statkraft’s UK business where he held the position as managing director and led a number of renewable projects, in the context both of developments and transactions.

Prior to Statkraft, Jon worked as a consultant at McKinsey.

Jon holds a PhD in social studies from the University of Oslo and has been a research fellow at the University of Oslo and a visiting scholar at the University of California, Berkeley.

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Jone Skaara

Senior Partner

+47 91 86 91 95

Jone Skaara served as CFO in HitecVision from 2003 to 2005 and rejoined the company in 2014 as a Senior Partner.

He came to HitecVision from the position as Director, Corporate Finance with Swedbank AS in Stavanger, Norway. During his years with Swedbank and its predecessor First Securities he led a large number of projects within the oil and gas industry, acting as an advisor in connection with M&A transactions, IPOs and share issues.

Jone was also previously CEO & CFO of Odim Hitec for two years and he started his career with ABB in Switzerland.

Jone holds an MBA from the University of Colorado.

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Kaia Gaarud

Associate

+47 97 98 17 01

Kaia Gaarud joined HitecVision in 2020 from her position as Sustainability and Credit Analyst at Pareto Asset Management in Stockholm.

Kaia has worked across various portfolio companies and currently focusses on renewable energy and energy transition investments.

Kaia also worked as an Analyst at Piper Jaffray in Chicago.

Kaia holds an MSc. in Banking and Finance from Stockholm Business School and a BSc. in Business Administration with joint emphasis in Finance and Accounting from Leeds School of Business, University of Colorado at Boulder.

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Kjell-Erik Endresen

Senior Partner and Head of Specialist Functions

+47 98 20 66 53

Kjell-Erik Endresen joined HitecVision’s partner group in 2008. He brings more than 25 years of experience and expertise from the oil and gas sector, having worked at Ernst & Young since 1985 – as a partner from 1997 – and provided auditor and transaction advisory services to large Norwegian and international companies in the sector. Kjell-Erik has headed a large number of projects in connection with IPOs, M&As, share issues and restructuring both in Norway and cross border.

Kjell-Erik is a State Authorised Public Accountant from the Norwegian School of Business Administration.

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Kristin Kalheim

Office Administrator

+47 93 20 64 64

Kristin Kalheim joined HitecVision in 2012. She is supporting the operation of various administrative activities across the organisation, including management support, welcoming visitors and coordinating meetings.

Before joining HitecVision she worked at a furniture and interior design store, and has several years’ experience as salesperson in the retail industry.

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Kristin Nore

Analyst

+47 95 33 55 34

Kristin Nore joined HitecVision in 2021. She is currently involved in projects within renewable energy and energy transition.

Her previous experience includes several internships with Lerøy Seafood where she worked as Financial Controller.

Kristin holds a MSc in Economics and Business with a major in Business Analysis and Performance Management from the Norwegian School of Economics (NHH).

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Kristoffer Kleppa

Analyst

+47 46 88 80 39

Kristoffer Kleppa joined the graduate programme in 2022 after completing an MSc in Business Administration with a major in Financial Economics from the Norwegian School of Economics.

His previous experience includes internships at Varde Hartmark management consulting company and in the Audit & Assurance division at PwC Bergen.

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Kurt Waldeland

Partner

+47 46 19 18 57

Kurt Waldeland joined HitecVision in 2021 from the position as Principal at Hayfin Capital Management, a leading alternative asset management firm headquartered in London.

At Hayfin, Kurt was a member of the firm’s Maritime Funds team. He was involved in all aspects of the investment process and has worked on a number of transactions in the energy sector, including Energy Infrastructure and offshore wind.

Prior to joining Hayfin, Kurt spent more than three years as part of the Investment & Business Development team at Breakwater Capital/Celsius Shipping based in Copenhagen and Monaco.

Kurt began his career as an equity research analyst at Arctic Securities, where he covered the maritime transportation industry.

Kurt holds an MSc in Financial Economics from The Norwegian School of Economics (NHH).

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Louise Samuelsson

Partner

+47 91 11 98 94

Louise Samuelsson joined HitecVision in 2020 from her role as Financing and Treasury Advisor at Vår Energi, focusing on available capital structures, financing facilities and risk management. Her previous work experience includes two years at Point Resources where she worked mainly on economical and financial analysis in relation to M&A opportunities, portfolio assets, commercial negotiations and liquidity control. She has also worked three years at Core Energy as a business analyst.

Louise holds an MSc in Business and Economics with a major in Finance from BI Norwegian Business School.

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Maren Sleire Lundby

Partner Credit

+47 95 03 15 58

Maren Sleire Lundby joined HitecVision in 2018 from her role as Client Manager in the Offshore-team in DNB Bank. She has worked seven years with maritime and offshore financing in DNB at the offices in Oslo, New York, London and Singapore. Her primary responsibilities were building and developing customer relationships, managing risks and preparing loan agreements.

Maren holds an MSc Industrial Economics and Technology Management from Norwegian University of Science and Technology.

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Mariann Bærheim

Chief Operating Officer

+47 99 29 43 38

Mariann Bærheim joined HitecVision in 2002 and has more than 20 years’ administrative and operational private equity experience.

During the past years she has held roles of Financial Controller, Financial Manager, Head of Corporate and Investor services before taking up the role as Chief Operation Officer in 2012, responsible for all corporate operating activities.

Her previous experience includes three years in NorAqua AS (now Cargill Aqua Nutrition) as Accounting Manager and as Financial and Administration Manager in Unitech Engineering AS.

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Marius Skeide Ruth

Controller

+47 97 40 18 29

Marius Skeide Ruth joined HitecVision in October 2022. He comes from the role as Senior Associate – Assurance at EY, where he has been for 4 years working with clients within E&P and oil service industries, telecommunications and renewable energy companies.

Marius holds an MSc in Accounting and Auditing from the University of Stavanger and an MSc in Economics and Business Administration from the Norwegian School of Economics. Marius is a State Authorised Public Accountant.

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Marte W. Nesheim

Senior Associate Portfolio Monitoring & Reporting

+47 48 06 34 56

Marte Nesheim joined HitecVision in 2019 from KPMG, where she worked as an auditor for clients within the oil service and shipping sectors.

Marte holds an MSc in Economics and Administration, and an MSc in Auditing and Accounting, both from Norwegian School of Economics and Business Administration (NHH) in Bergen, Norway.

Read our interview with Marte here. 

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Monica A. Molaug

Compliance Administrator

+47 97 73 16 35

Monica Molaug joined HitecVision in 2014, and has had various administrative roles within the company. She is now supporting the Chief Compliance Officer in compliance matters relating to HitecVision and portfolio companies.

Previously she has worked several years in brand stores within the clothing industry, as store manager and responsible for customer service and administration.

 

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Nikolay Iankov

Partner Credit

+44 7598 581 421

Nikolay Iankov joined HitecVision in 2020 as Partner Credit based at our London office.

Nikolay has extensive experience in oil and gas and infrastructure financing. His most recent position was head of EMEA upstream financing at HSBC Global Banking and Markets. Before this he worked as Director Energy, Metals and Infrastructure Finance at Bank of America Merrill Lynch, with focus on assets in EMEA, Asia and Latin America.

His previous experience also includes four years at Shell Downstream, six years at BNP Paribas and two years at the Bulgarian National Electric Company.

Nikolay holds an MBA from INSEAD, a Master in Finance at the Universitè de Bourgogne, and an MSc of International Economic Relations from the University of National and World Economy, Bulgaria.

Read our interview with Nikolay here.

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Nils Petter Ueland

Chief Financial Officer

+47 48 40 68 75

Nils Petter Ueland joined HitecVision in 2008. He was previously Senior Associate with PricewaterhouseCoopers in Stavanger, where he worked from 2002.

Nils Petter holds an MSc in Accounting and Auditing from the Norwegian School of Economics and Business Administration (NHH) in Bergen. Nils Petter is a State Authorised Public Accountant.

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Nina Nordfjell

Office Manager Oslo

+47 45 26 93 89

Nina Nordfjell joined HitecVision in 2022 She is responsible for organizing the administrative activities at the Oslo office, as well as supporting the management and operation of various administrative projects.

Nina joined HitecVision from a position as Executive Assistant at Egon Zehnder. She has wide experience from various roles within administration and the travel industry, working for companies in investment banking, property, and air transport.

 

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Ole Ertvaag

Founding Partner and CEO

+47 51 20 20 20

Ole Ertvaag is the founder of HitecVision.

His main role is leading the strategic development of HitecVision’s investment activities, using his more than 30 years of energy industry investment and M&A experience, and has a key role in any decision regarding potential new investments or exits, the strategic development and positioning of portfolio companies, as well as in their financing and leverage structures.

Prior to founding HitecVision in 2000, Ole was the Chief Financial Officer of the oilfield technology company Hitec ASA (HitecVision’s predecessor) from 1989, and later also its Chief Operating Officer.

Ole has a business education from the Norwegian School of Management.

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Ove Gusevik

Senior Partner

+47 91 55 50 62

Ove Gusevik joined HitecVision in 2021 from his role as Head of Investment Banking at SpareBank1 Markets. He brings more than 30 years of investment banking experience, including being one of the founders of First Securities.

Over the last two decades Ove has had a leading role in many of the largest energy industry transactions in Scandinavia, including both oil and gas, infrastructure, and renewables. He has also been CEO Norway and Nordic Head of Energy at Alfred Berg ABN AMRO.

Ove holds an MSc in Economic History from London School of Economics, MBA from Middlebury Institute of International Studies at Monterey, California, as well as an MSc in Business from the University of Agder.

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Ove Martin Juul

Director Audit & Risk

+47 95 80 92 44

Ove Martin Juul joined HitecVision in 2015 from EY Norge. His position at EY as Senior Associate encompassed a diverse portfolio of companies, ranging from large listed companies to small and medium sized local companies. He has experience auditing companies from various industries both within Norway and internationally.

Ove Martin holds an MSc in Accounting and Auditing from the Norwegian School of Economics and Business Administration (NHH) in Bergen. Ove Martin is a State Authorised Public Accountant.

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Petter Tandstad Ege

Investment Director

+47 48 14 60 25

Petter T. Ege joined HitecVision in 2015. Initially, his main focus was on the oil service sector, having worked on a number of restructuring projects. More recently, he has focused on transactions within renewable energy and energy infrastructure, such as district heating.

His previous work experience includes a one-year internship at MainFirst Bank in Zurich focusing on equity research.

Petter holds a Master of Arts degree in Banking and Finance at the University of St. Gallen in Switzerland.

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Philip Lonmon

Analyst

+47 90 27 82 85

Philip Lonmon joined HitecVision in 2022, from a position as Investment Analyst Renewables at Aquila Capital, a German Alternative Investment Manager where he focused on renewables investments.

His previous experience includes several internships focused on renewable, including Ardian, a French asset manager.

Philip currently focuses on renewables and energy transition investments.

Philip holds an MSc in Management with a major in Corporate Finance from the EM Lyon Business School in France.

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Pål A. Dahlberg

Chief Sustainability Officer

+47 90 56 06 42

Pål A. Dahlberg is responsible for co-ordinating the sustainability agenda in HitecVision, working with both the investment team and the portfolio companies to develop their targets and performance.  He has thirty years’ operational and investment experience from the energy industry, working for HitecVision and its predecessor companies since 1992.

At HitecVision’ predecessor, the publicly listed Hitec Group, Pål was a member of the team responsible for most of the acquisitions, sales and spin-off IPOs and, from 1995 to 2000, was also in charge of Investor Relations. He was part of the team that established HitecVision in 2000 and has held a number of key positions in the firm, including Chief Operating Officer until 2011, Chief Investment Officer from 2011 to 2020, and Chief Sustainability Officer since 2020.

Pål holds an MSc in Economics and Business Administration from the Norwegian School of Economics (NHH).

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Pål Berge

IT Director

+47 99 11 11 96

Pål Berge joined HitecVision in 2015. He is responsible for all IT operations and Cyber Security in HitecVision, including modernisation and development of IT infrastructure and applications.

Pål joined from Nordialog, a Norwegian telecom and application service provider. During his 10 years with Nordialog he led the Support and Backoffice division before taking the role as Key Account Manager for the company’s energy clients.

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Pål M. Reed

Founding Partner and Deputy CEO

+47 92 26 71 71

Pål M. Reed is co-founder of HitecVision, and joined the team in 2005 as a partner.

Prior to this he was Chief Investment Officer of Argentum Fondsinvesteringer, the Norwegian State’s PE fund investor.

His previous experience includes several years heading private investment companies; being responsible for structured finance at the Kreditkassen bank; and as partner and managing director of companies in the Pareto Group, a Norwegian investment bank.

His long investment experience makes him an important resource in transactions, in particular structuring and negotiation.

Pål is educated at the Norwegian School of Economics (NHH) and at the universities of Oslo, Bergen and Paris Sorbonne.

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Sara Sottilotta

Associate

+47 91 37 41 82

Sara Sottilotta joined HitecVision in September 2022, from the role as Strategy and M&A Analyst at Aker Offshore Wind, a Norwegian offshore wind developer part of the Aker Group of companies.

Previously she has worked as Energy Services Analyst at Rystad Energy and Business Analyst at Deloitte Consulting.

Sara holds an MSc in Economics from the University of Barcelona.

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Silje Nilsskog

Senior Associate

+47 45 85 03 83

Silje Nilsskog joined HitecVision in 2019. During her time in HitecVision has been part of several of our investments, including the establishment, development and exit of portfolio companies. She has particularly been involved in investments focused on industrial real estate and renewable energy investments, with wind power generation as a key focus area.

Silje holds an MSc in Corporate Finance at the Cass Business School in London.

Read our interview with Silje here.

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Simen Helland

Investment Director

+47 93 40 93 86

Simen Helland joined HitecVision in 2021. He came from Carnegie Investment Bank, where he had been since 2017, working on M&A and ECM deals across various industries such as Business Services, Oil Service and TMT.

Simen is working closely on transactions and investments in the E&P segment following-up Sval Energy and NEO Energy.

Simen holds an MSc in Finance from the Norwegian School of Economics (NHH).

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Sindre Veen Larsen

Director of Transaction Services

+47 90 19 53 67

Sindre Veen Larsen joined HitecVision in 2021 from the role as Manager Assurance at EY, where he worked with clients within the E&P and oil service industries, and with manufacturing businesses and investment companies.

Sindre holds an MSc in Business Administration from the Oslo and Akershus University College and the University of California San Diego, and an MSc in Accounting and Auditing from the University of Stavanger.

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Sissel Holm Lutro

Office Administrator

+47 98 06 94 77

Sissel Holm Lutro joined HitecVision in 2018. She supports the operation of various administrative activities across the organisation, including management support, welcoming visitors and coordinating meetings.

She joined HitecVision from a position as administrator at Omega Well Intervention AS. She has long experience from various administrative positions in the energy industry and law.

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Sunniva L. Bjørnstad

Senior Partner

+47 45 25 81 21

Sunniva Landmark Bjørnstad joined HitecVision in 2014 from DNB, where she worked as an analyst within the energy sector.

Sunniva currently focuses on energy transition and renewables investments, actively engaged in the development of Vårgrønn in its expansion to become a European company.

In her first years at HitecVision her responsibilities were primarily within the oil and gas sector, where she was a key member of the team developing Vår Energi and also worked with various energy service investments.

Sunniva holds an MSc in Industrial Economics from the University of Stavanger.

Read our interview with Sunniva here. 

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Therese Brekke-Flørenæs

Controller

+47 95 83 96 94

Therese Brekke-Flørenæs joined HitecVision in 2013. Her professional background includes 3 years as treasury controller in Aker Solutions, various accounting, consultant and project controller positions via Amesto People and a year as customer service advisor at Fokus Bank.

Therese holds an MSc in Economics and Business Administration from University of Agder.

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Tor Espedal

Senior Partner

+47 97 09 42 68

Tor Espedal joined the HitecVision team in 2010 as Senior Partner. He brings more than 25 years of international oil and gas experience to HitecVision. Tor comes from the position as Vice President of Subsea7s activities on the NCS.

Prior to joining Subsea7, Tor worked 17 years for Statoil in a number of business areas and locations. During his last years at Statoil, he worked on Statoils international E&P strategy (Acquisitions and Divestments) with particular responsibility for the Latin American region. He has extensive international experience, having led a number of major projects and contributed in building Statoils international presence. Tor has an extensive industry network, both nationally and internationally.

Tor has an MSc from the Norwegian School of Management.

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Vibeke B. Tønnessen

Senior Associate HR and Academy

+47 47 66 16 87

Vibeke B. Tønnessen joined HitecVision’s Stavanger office as an Administrator in 2014. Prior to this she worked for Statoil as a Project Administrator where she provided project support to the management team and the project as a whole. Her previous experience also includes several Administrative and Secretarial roles within the health and education industries.

Vibeke holds an MSc in Education from the University of Bergen.

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