Plexigrid Appoints Peter Tornberg as Chief Operating Officer to Drive Global Scale-Up of its Grid Intelligence and Orchestration Platform
26.8.2025 08:00:00 CEST | Business Wire | Press Release
Plexigrid, the grid-tech company pioneering AI-powered real-time digital twins and flexibility orchestration for electricity distribution grids, today announced Peter Tornberg as Chief Operating Officer (COO).
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250825365290/en/
From left to right: Alberto Méndez Rebollo, CEO of Plexigrid; Linda-Maria Wadman, CCO of Plexigrid; Peter Tornberg, COO of Plexigrid.
Tornberg is recognized as one of Europe’s leading scale-up executives in the energy sector. He has repeatedly transformed emerging technologies into global businesses:
As Chief Commercial and Development Officer at OX2, he joined when the company had only a few dozen employees and drove its growth into one of Europe’s leading renewable energy developers. Following a landmark multibillion-euro IPO, the company was acquired by EQT in 2024.
As Chief Business Development Officer at Vattenfall, he transformed its wind division from a marginal unit into the company’s second-largest cash flow generator, establishing Vattenfall as a top-two global offshore wind player.
At Plexigrid, Tornberg will lead the company’s next growth phase, industrializing product, partnerships, delivery, and operations to meet accelerating demand from distribution system operators worldwide.
Alberto Méndez, CEO, said: “Peter has an outstanding track record of turning visionary ideas into industrial-scale energy businesses. With his leadership, Plexigrid is ready to deliver at global scale and redefine electricity distribution.”
Peter Tornberg, COO, said: “After two decades hyperscaling growth in utilities and renewables, the next big challenge—the bottleneck holding back the energy transition—is a grid designed for another era. Surges in curtailment, connection delays, congestion, instability, and blackouts highlight the gap between current grids and transition demands. Those with vision and technological capacity to close this gap will write the next chapter in electricity history. With its unique platform for grid intelligence and flexibility, Plexigrid is uniquely positioned to do just that. I’m honored to join at this inflection point and help make Plexigrid the defining grid-tech company of our time.”
About Plexigrid:
Plexigrid is reinventing electricity distribution with an AI-powered digital twin that doubles grid efficiency, unlocks flexibility, and accelerates the energy transition.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250825365290/en/
Contacts
Media Contact:
Nina Frigerio
Head of Marketing
Plexigrid
guillermina.frigerio@plexigrid.com
Investors Relations Contact:
Lovisa Urheim
Head of Strategic Initiatives
Plexigrid
lovisa.urheim@plexigrid.com
(c) 2024 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
NTT DATA Announces Intent to Acquire WinWire to Scale Enterprise AI Adoption and Accelerate Industry Transformation with Microsoft15.5.2026 16:00:00 CEST | Press Release
NTT DATA, a global leader in AI, digital business and IT services, today announced it has signed a definitive agreement to acquire WinWire,an award-winning Microsoft partner specializing in Agentic AI, AI on Azure, data engineering and cloud-native development as foundational capabilities for enterprise AI. The acquisition strengthens NTT DATA’s position as a trusted partner to help organizations move beyond experimentation to operationalize AI at scale. The acquisition further advances NTT DATA’s enterprise AI strategy as demand accelerates for AI-driven, cloud-native transformation. By expanding capabilities across data platforms, agentic AI and modern applications, NTT DATA is sharpening its ability to deliver production-ready AI solutions aligned to industry needs, reinforcing its leadership as Microsoft’s Global System Integrator (GSI) Growth Champion Partner of the Year. Upon closing, WinWire will add more than 1,000 skilled Azure engineers and Microsoft specialists to NTT DATA,
Experian Expands Agent Trust Partner Ecosystem with Akamai to Advance Trusted AI Driven Commerce15.5.2026 15:00:00 CEST | Press Release
Experian today announced that Akamai Technologies has joined its growing partner ecosystem, designed to further advance secure, trusted AI driven commerce through the Experian Agent Trust™ framework, alongside partner Skyfire supporting emerging payment innovation. As AI agents begin to search, decide, and transact autonomously, they introduce a fundamental challenge for businesses: how to trust an action when it is no longer directly initiated by a human. Without a verified connection between humans and AI agents, autonomous commerce introduces new risks in fraud, misrepresentation, and unauthorized transactions. Experian Agent Trust is designed to address this challenge by establishing identity, accountability, and trust in agent driven interactions. “Trust, security, and performance must scale alongside the growing role of AI agents in digital commerce,” said Kathleen Peters, Chief Innovation Officer at Experian. “Agentic commerce will not scale without trust. By adding Akamai to ou
The LYCRA Company and Dukane Advance Ultrasonic Bonding for Nonwovens at INDEX™ 2615.5.2026 14:00:00 CEST | Press Release
The LYCRA Company, a global leader in innovative and sustainable fiber solutions for the personal care industry, and Dukane, a manufacturer of ultrasonic bonding technologies for the hygiene and nonwovens market, are showcasing their latest co-developed advances in ultrasonic bonding at INDEX™ 26, taking place in Geneva, Switzerland, from May 19–22. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260515514441/en/ Join The LYCRA Company and Dukane at INDEX™ 26 in Geneva, as they showcase their latest advances in ultrasonic bonding for nonwovens, including new LYCRA FUSION™ fiber for personal care that delivers superior snapback. Since 2014, both companies have collaborated to advance ultrasonic bonding solutions that help diaper manufacturers improve product softness, fit, and performance while reducing energy consumption, material waste, and maintenance costs. Ultrasonic bonding creates bonded channels between two layers of n
Vecima to Highlight Next-Generation 50G-PON, DOCSIS® 4.0 vCMTS, AI & Automation, and Monetizable Streaming at ANGA COM 202615.5.2026 13:45:00 CEST | Press Release
Vecima Networks Inc. (TSX: VCM) will highlight its leadership in next-generation broadband at ANGA COM 2026, showcasing AI-powered network operations, cloud-native DOCSIS® 4.0 access, and scalable fiber solutions. Anchored by the Entra® vCMTS platform, Automation, and All-PON™ innovations, Vecima is enabling operators to automate operations, improve reliability, and accelerate the evolution to converged cable and fiber networks. Delivering on Next-Generation PON With Entra All-PON™, Vecima is enabling future-ready fiber networks with a straightforward migration path from today’s 10G technologies to 50G-PON, ensuring long-term scalability and investment protection. The new Entra EPS1650 All-PON Shelf supports 50G-PON, XGS-PON, 10G-EPON, GPON, and EPON services. As a follow-on to Vecima's industry-first demonstration of a single port supporting 50G ITU PON and 10G-EPON in a Remote OLT, the EPS1650 brings that same single-port investment-protection path to GPON and XGS-PON operators in a
REPLY: The Board of Directors Approves the Quarterly Report Dated 31 March 202615.5.2026 13:38:00 CEST | Press Release
Today, the Board of Directors of Reply S.p.A. [EXM, STAR: REY] approved the results as at 31 March 2026. Since the beginning of the year, the Group has recorded a consolidated revenues amounting to €645.0 million, an increase of 6.2% compared to the corresponding data for 2025. All indicators are positive for the period. In the first quarter of 2026 the consolidated EBITDA stood at €112.0 million compared to €105.3 million in 2025, equal to 17.4% of the turnover. EBIT, from January to March, was €95.1 million (€88.7 million in 2025) and is equal to 14.7% of the turnover. The profit before tax, from January to March, was €99.8 million (€86.9 million in 2025), equal to 15.5% of the turnover. The net financial position of the Group on 31 March 2026 is positive at €643 million. The net financial position on 31 December 2025 was positive for €467.6 million. “The results we have presented - said Mario Rizzante, Chairman of Reply - confirm the soundness of the path we have undertaken in recen
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom