Juha-Pekka Weckström appointed CEO of Ilmatar

December 19, 2022
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Press release from Ilmatar

The company is preparing for a new phase and is multiplying its goals in the Nordic countries.

The Board of Directors of Ilmatar Energy Ltd has appointed Juha-Pekka Weckström (52), M. Sc (Eng), as the new CEO of the company. Weckström is moving to Ilmatar from the position of CEO of Helen Group, the second largest energy company of Finland. He will begin work at Ilmatar on 1 January 2023. Ilmatar’s current CEO Juha Sarsama will continue as the company’s adviser and is supporting the new CEO in the transition phase until 31 March 2023.

– Ilmatar’s development in recent years has been very good. We have successfully implemented a change of strategy to become an independent power producer. Simultaneously, we have made a total of more than one billion euros of investments in our company and in Finnish renewable energy. However, the even stronger growth we are aiming for and the reaching of a new scale requires new kind of leadership while the energy industry is at the centre of historic change, opportunity and climate facts, says Kalle Pykälä, Chairman of the Board of Ilmatar Energy Ltd.

Weckström has a strong and successful track record of speeding up strategy implementation and leading change from his previous roles as CEO at Helen, Digita, Realia Group and TeliaSonera Finland as well as from several domestic and foreign company boards. He also chairs the board of Finnish Energy, the branch organisation for the industrial and labour market policy of the energy sector in Finland.

– I am excited to start as the CEO of a significant Finnish growth company, where I will be able to utilise my previous experience in energy and infrastructure businesses as well as in the strong development of companies. Ilmatar is well positioned in the Nordic emission-free electricity market, which is growing strongly, especially in onshore and offshore wind power and solar power, says Juha-Pekka Weckström.

– Weckström was a natural choice due to his excellent industry expertise and strong change management credentials. I would also like to thank Juha Sarsama for his contribution to the development of the company, says Kalle Pykälä.

More information:

Kalle Pykälä
chairman of the board
Ilmatar Energy Ltd
+358 40 900 5309

Juha-Pekka Weckström
CEO (as from 1 January 2023)
Ilmatar Energy Ltd
+358 400 564 754

ILMATAR ENERGY LTD

Founded in 2011, Ilmatar is a Finnish energy company and independent electricity producer that focuses exclusively on renewable energy. Ilmatar Energy’s fields of business are the development, construction and maintenance of renewable energy as well as the sale of electricity to consumers and business customers. Ilmatar owns its projects throughout their lifecycle of up to 40 years. In Ilmatar’s public onshore wind power projects for the next few years, production with a total nominal power of more than 3 gigawatts is under development. In addition, the company is developing solar and offshore wind power projects in the gigawatt class in Finland and Sweden.

Juha-Pekka Weckström.

Originally published on 16 December.

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