St1 Biokraft Strengthens Leadership Team with new CFO and Head of Value Chain

St1 Biokraft has appointed two new key positions to its leadership team, Aleksi Graan as the new CFO and Ted Gustavsson as new Head of Value Chain.

"We are in an exciting stage of our journey where we are accelerating our growth and investments in both new production and distribution of biomethane to our customers across the Nordic markets. I look forward to welcome Aleksi Graan and Ted Gustavsson to St1 Biokraft. Their deep expertise and strong track records in their respective fields will be invaluable and strengthen our ambitious expansion going forward," says Miika Johansson, CEO, St1 Biokraft.

Aleksi Graan comes from Copenhagen Infrastructure Partners, CIP, one of the world’s largest fund managers within greenfield renewable energy investments, where he held the position of Director focusing on biomethane and biofuels investments.

"I am thrilled to join St1 Biokraft at such an exciting time when the company is embarking on a new journey and accelerating its growth. Taking over the CFO role presents a unique opportunity as I will be joining a recently created company with ambitious leadership team backed by top tier owners. I look very much forward to be contributing to St1 Biokraft’s continued success and growth in my capacity as the CFO, enabling the company to become the Nordic biogas champion by 2030," says Aleksi Graan.

Ted Gustavsson joins St1 Biokraft from STX Commodities in Amsterdam, where he played a key role in biomethane origination, asset acquisition, trading, and portfolio management.

"St1 Biokraft is uniquely positioned with its existing assets, strong deal pipeline, and highly skilled team. The company’s commitment to investing over €1 billion in the growth and innovation of the biogas sector is truly inspiring. I am excited to join St1 Biokraft and look forward to leveraging my experience in biomethane, LNG, and shipping to drive its expansion and further strengthen its market position," says Ted Gustavsson.

Ted Gustavsson and Aleksi Graan will be replacing Johan Zakrisson and Kristine V. Grant-Carlsen who have been serving as interim. Johan Zakrisson will remain in the company in another position and Kristine V. Grant-Carlsen will return to the owner St1.