Korkia’s Board of Directors elected – Martti Malmivirta appointed new Chairman of the Board

News | 31.5.2024

Korkia Oy’s Annual General Meeting has elected the current Board members Martti Malmivirta, Sari Mannonen and Joonas Rauramo as members of the Board of Directors. In its organizing meeting, Korkia’s Board of Directors elected Martti Malmivirta as the Chairman of the Board.

Korkia Oy’s Annual General Meeting held on 30 May 2024 has elected Martti Malmivirta, Sari Mannonen and Joonas Rauramo as members of the company’s Board of Directors. In its constitutive meeting held after the Annual General Meeting, the Board of Directors elected Martti Malmivirta as its Chairman.

“Korkia’s business has undergone significant changes in recent years. We have transformed from a traditional asset management house [and sustainability expert] into an investor focused on renewable energy. Korkia’s renewable energy project portfolio has grown rapidly and the pipeline is already over 18 gigawatts,” says Korkia’s CEO Pauli Mäenpää.

“It is natural that the change in our business is also reflected in the composition of our Board of Directors. The new Chairman of our Board Martti Malmivirta is one of Korkia’s founders and he has been a member of Korkia’s Board of Directors since 2017. It is great to continue our cooperation with Martti and the other Board members,” Mäenpää continues.

“At the same time, I would like to thank Timo Leino, Jari Pirinen and Pertti Nurmio, who are leaving the Board of Directors, for their hard work and valuable contribution in Korkia’s great growth path over the years. Their role in the growth and development of our company has been significant.”

The work of Korkia’s board is further supported by two advisors, Juha Sarsama and Ante Razmilovic. Sarsama is a lawyer with over 20 years of experience in private equity and leading growth companies. Currently, he serves as the CEO of Everon, and from 2020 to 2023, he was the CEO of Ilmatar, guiding its growth and development into an independent power producer (IPP). Razmilovic, on the other hand, has over 30 years of experience in international finance. He has previously worked at Credit Suisse First Boston and Goldman Sachs, and he holds a degree in electrical engineering from Imperial College London.

“Both have extensive experience in the renewable energy sector, and together with Korkia’s board, they will help steer the company through its next growth phase,” says Mäenpää.

Members of Korkia’s Board of Directors

Martti Malmivirta is one of Korkia’s founders and has been a member of the company’s Board of Directors since 2017. Malmivirta has over 30 years of experience in the energy sector. He is an experienced business consultant and industry developer, with strong international experience from global corporations such as Neste Group. Malmivirta is well networked within the field in Finland, Europe, the Gulf region, Southeast Asia and China.

Joonas Rauramo, M.Sc. (Econ.), M.Sc. (Tech.), is a leader in the area of renewable, green technologies, desire to make the energy system CO2-free. Joonas has worked in emission-free energy production for fifteen years; most of these years he has been involved in solar and wind power production at Fortum. Currently, Joonas is the CEO of Coolbrook.

Sari Mannonen , PhD, is a business leader and developer, passionate about transforming companies and increasing their business. Sari has over twenty years of leadership experience in international business, sales and marketing in global companies such as UPM, Lindström and Biohit. Currently, she leads the Solutions Business & Portfolio Development Unit at Helen Oy.

Additional information:

Pauli Mäenpää
CEO, Korkia
+358 50 550 7121
pauli.maenpaa@korkia.fi

Korkia is an accelerator of the energy transition. We are the preferred partner for asset developers, owners and investors, throughout the value chain. Our mission is to produce renewable megawatts to the market to ensure that future generations have an economically prosperous and sustainable world to live in. We develop utility-scale renewable energy and energy storage together with project developers around the world. Currently we operate in Europe, North America and South America – but we are only getting started.