Cleantech Invest appoints Alexander Lidgren new Managing Director while speeding up Nordic expansion

Cleantech Invest Plc
Company Release   16 January 2015 at 8.30 am (EET)

Cleantech Invest appoints Alexander Lidgren new Managing Director while speeding
up Nordic expansion

Alexander "Bigge" Lidgren has been appointed Managing Director of Cleantech
Invest as from 16 January 2015. Lidgren has an entrepreneurial background having
started and managed several growth companies. His latest venture, Cleantech
Scandinavia, became the leading investor network in the Nordics and grew
profitably for five consecutive years. Lidgren brings to Cleantech Invest a
unique network of European investor, industrial and start-up connections and
complements the current networks well. He is also 12-time national Swedish judo
champion and holds M.Sc. in Environmental Management and Policy and BA in
Business and Marketing.

Lidgren has during the last two years managing a portfolio of close to 60 high-
growth cases at The Swedish Energy Agency, the largest funder of cleantech
companies in the Nordics. He has, among other things, set up
internationalisation programs in Germany, UK and USA.

"Cleantech Invest has been able to build a strong portfolio in the very fields
where growth is currently the strongest, namely Cleanweb, Internet of Things and
Energy efficiency. They work very hands-on as owners and are really more of an
accelerator with funds than a traditional investor. I believe that this is the
way to go if you want to have success in early stage investing", says Lidgren.

Chairman of the Board, Lassi Noponen comments: "With Bigge's leadership we will
now focus on the entire Nordics as our home market and establish presence on the
most significant strategic markets. Sweden is also an important location for
IPOs and Mergers & Acquisitions and it is essential to have a foothold there."

Feodor Aminoff, former Managing Director of Cleantech Invest, will continue in
the company focusing on portfolio value creation, exits and IPOs.


CLEANTECH INVEST PLC

Further information:
Lassi Noponen, Chairman of the Board of Cleantech Invest Plc, tel.
+358 40 501 5127, lassi.noponen@cleantechinvest.com
Alexander Lidgren, tel. +46 73 660 1007, bigge@cleantechinvest.com

Certified Advisor Access Partners Oy, tel. +358 9 682 9500.

Cleantech Invest in brief
Cleantech Invest focuses on clean energy and efficient use of natural resources.
The company owns minorities in a diversified portfolio of companies and is
actively looking for new capital light and high impact businesses within the
cleantech universe. Cleantech Invest invests in the most promising early-stage
and growth cleantech companies in Finland, Sweden and in the Baltic Sea area.
The company management team members are international pioneers in cleantech
investing. Cleantech Invest is also a designated Accelerator in the Vigo Program
initiated by the Ministry of Employment and the Economy.
www.cleantechinvest.com.




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