Infranode is pleased to announce that Erik Botnevik has joined its team as Country Lead Norway and Nordic Lead Telecom
Erik Botnevik joins from SEB Corporate Finance in Oslo, where he was head of Nordic telecom advisory and covered Norwegian infrastructure. He has over 15 years transaction and business development experience, including management positions at Telenor Group where he was head of the Groups investment strategy and portfolio development teams. Erik Botnevik has over 10 years’ experience as advisor on Norwegian telecom, energy and infrastructure transactions for leading investment banks ABN AMRO, Citi and SEB.
Infranode currently owns 33% of Norwegian district heat company Akershus Energi Varme, and sees significant potential for further investments in Norwegian infrastructure. Erik Botnevik will focus on further developing its Norwegian business with a focus on transport, energy, telecom and social infrastructure investments – in partnership with Norwegian municipalities and the rest of public sector as well as private businesses.
“We are excited about Erik joining our team and reinforcing our commitment to Norway as one of our home markets. Infranode already has one strong asset in Norway and is currently engaged in a number of live investment opportunities so the timing is perfect.” says Co-founding partner Philip Ajina
In addition to his focus on Norway, Erik Botnevik will strengthen Infranode’s focus on the Nordic telecom sector. There are currently significant investment requirements in this sector, e.g. high-speed broadband across the Nordic region. Infranode will, as a potential partner to municipalities and telecom operators, seek to facilitate further broadband investments.
Erik Botnevik holds a B.Sc. from London School of Economics and an M.Sc. from Cass Business School. He is a Norwegian citizen and is based in Oslo.
About Infranode
Infranode invests long-term with a 25-year horizon in essential infrastructure in the Nordics in the energy, transport, telecom and social infrastructure sectors. Infranode’s investor base is comprised of pension funds such as the Fourth AP Fund, Folksam, KPA Pension, Finnish insurer LähiTapiola, the EIB and the IMAS Fondation.
Infranode is a flexible investor and can consider ownership stakes from 10% up to 100% and partberships with both the public and private sectors. In addition to traditional ownership, Infranode may also engage in time-limited ownership through, for example, a concession or a possible repurchase. Infranode invests in both existing infrastructure and in new construction projects. Common to all investments is a long-term ownership with a 25-year horizon with sustainability central to every step of Infranode’s investment process. Infranode’s team of experts has in aggregate more than 150 years of experience of investing in infrastructure. Infranode was started in partnership with Areim, an established Nordic fund manager and adviser in the real estate industry.
For more information, please visit www.infranode.se or contact:
Philip Ajina, Founding Partner
philip(at)infranode.se
+46 70 755 9978
Christian Doglia, Founding Partner
christian(at)infranode.se
+46 73 320 7487
Erik Botnevik, Director
erik.botnevik(at)infranode.se
+47 91 55 50 58
