Yinson Green Technologies to chart new chapter post management buyout

September 3, 2025, by Naida Hakirevic Prevljak

Nereida Energy Holding has completed the management buyout of Singapore-based green technologies solution provider Yinson Green Technologies from the Yinson Group.

Geir Bjørkeli. Courtesy of Nereida Energy

The strategic move is said to mark a new chapter as the company becomes independent from Yinson, while maintaining ‘a strong and friendly’ relationship.

“We sincerely thank Yinson for the professional and smooth process throughout this transition,” Nereida Energy Holding said in a statement.

Following the acquisition, Yinson Green Technologies will change its name to Nereida Energy. The company will continue the development initiated by Yinson Green Technologies with a team led by Geir Bjørkeli, whose extensive background includes key roles at Rolls-Royce, Huisman, and serving as CEO of Corvus Energy.

The team also includes significant maritime experience in key positions. As explained, the diverse expertise strengthens Nereida’s position to advance innovative maritime battery solutions and support a clean maritime future.

With the management buyout, Nereida Energy believes it is well-positioned to continue its development and growth within the maritime industry. The team’s combined expertise in maritime engineering, energy systems, and business strategy provides a strong foundation to deliver advanced solutions and support the industry’s transition towards cleaner and more efficient maritime operations.

“Our team, with its deep knowledge of maritime solutions, is dedicated to empowering a clean maritime future and redefining the maritime battery industry. Nereida Energy aims to lead the way in delivering advanced battery technologies that support environmentally responsible maritime practices and development,” Geir Bjørkeli, CEO of Nereida Energy, stressed.

In related news, Yinson GreenTech recently partnered with Norwegian marine automation and control systems software provider Blue Ctrl to advance digital innovation in electric marine vessels.

The partnership will see Yinson GreenTech utilize Blue Ctrl’s X-Connect Platform features on its fleet of electric vessels.

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