CapMan Infra’s Skarta Energy appoints Mika Paloranta as new CEO

08/09/2023

CapMan Infra’s Skarta Energy appoints Mika Paloranta as new CEO

CapMan Infra’s portfolio company Skarta Energy, a Finnish renewable energy company, strengthens its management team as Mika Paloranta is appointed as the company’s CEO.

Mika Paloranta, M.Sc. (Tech.) & LL.M., joins Skarta Energy from Auris Energia, a Finnish energy company where he has worked as CEO for the last eight years. He will begin at Skarta Energy in early 2024. Paloranta comes with a strong background in the energy sector combined with a track record of executing growth strategies successfully. Before working at Auris, he held various senior level roles at Fortum.

“I am excited to join Skarta Energy as CEO of the company. This is a position where I will be able to utilise all my previous experience from growing and developing companies within the energy sector. Skarta Energy is in an excellent position to promote the necessary clean energy transition in the Nordic countries, and I look forward to leading the company on this journey”, says Mika Paloranta.

“I am very pleased to welcome Mika to Skarta Energy. His extensive experience from working in various management positions within the energy sector will support Skarta Energy’s growth journey and target of becoming a leading independent power producer within the solar PV sector in Finland,” shares Harri Halonen, Partner at CapMan Infra and member of Skarta Energy’s board of directors.

About Skarta Energy
Skarta Energy develops renewable energy projects, with an initial focus on solar in Finland and a strategy to develop-to-own and becoming an independent power producer (IPP). The company has a unique and experienced team, which has established a strong platform for further growth as well as a strong pipeline of mainly solar energy projects with a combined production capacity of over 1.0 GW in various phases. Skarta Energy is a joint venture between NYAB Plc and CapMan Infra with CapMan Infra as the majority owner. The company was originally established by NYAB Plc in 2021.