Swedish wave energy firm on the hunt for financial head

Following strategic backing as part of its Series B funding round, as well as a grant from the European Union (EU), Swedish wave energy developer CorPower Ocean is on the lookout for a chief financial officer (CFO).

Since its start in 2012, CorPower has raised around €115 million in funding in an effort to scale wave energy as a bankable clean electricity source, supporting a growing commercial project pipeline in Portugal, Ireland, Scotland, Spain and Japan.

The Swedish company is currently looking for a CFO who will be responsible for the financial strategy, fundraising, accounting, reporting, control and compliance.

According to CorPower, the position, located in Stockholm, will guide how the company manages revenues, investments, expenses and cash flow across its operations to meet strategic goals.

CorPower announced in July that it had secured a €40 million grant from the EU Innovation Fund to support the development of VianaWave, a 10 MW pre-commercial wave energy project planned off northern Portugal.

This came a week after the wave energy developer secured new strategic backing from Acario, the venture arm of Tokyo Gas, and GTT Strategic Ventures, part of French LNG tech group GTT, as part of its Series B funding round.

𝐏𝐨𝐰𝐞𝐫 𝐘𝐨𝐮𝐫 𝐁𝐫𝐚𝐧𝐝 𝐖𝐢𝐭𝐡 𝐎𝐟𝐟𝐬𝐡𝐨𝐫𝐞 𝐄𝐧𝐞𝐫𝐠𝐲 ⤵️

𝐓𝐚𝐤𝐞 𝐭𝐡𝐞 𝐬𝐩𝐨𝐭𝐥𝐢𝐠𝐡𝐭 𝐚𝐧𝐝 𝐚𝐧𝐜𝐡𝐨𝐫 𝐲𝐨𝐮𝐫 𝐛𝐫𝐚𝐧𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐡𝐞𝐚𝐫𝐭 𝐨𝐟 𝐭𝐡𝐞 𝐨𝐟𝐟𝐬𝐡𝐨𝐫𝐞 𝐰𝐨𝐫𝐥𝐝!

𝐉𝐨𝐢𝐧 𝐮𝐬 𝐟𝐨𝐫 𝐛𝐢𝐠𝐠𝐞𝐫 𝐢𝐦𝐩𝐚𝐜𝐭 𝐚𝐧𝐝 𝐚𝐦𝐩𝐥𝐢𝐟𝐲 𝐲𝐨𝐮𝐫 𝐩𝐫𝐞𝐬𝐞𝐧𝐜𝐞 𝐢𝐧 𝐭𝐡𝐞 𝐡𝐞𝐚𝐫𝐭 𝐨𝐟 𝐭𝐡𝐞 𝐨𝐟𝐟𝐬𝐡𝐨𝐫𝐞 𝐞𝐧𝐞𝐫𝐠𝐲 𝐜𝐨𝐦𝐦𝐮𝐧𝐢𝐭𝐲!

ADVERTISE on Offshore-Energy.biz