Hydrovolt appoints Ole-Christen Enger as Chief Executive Officer

Hydrovolt, a joint venture between Northvolt and Hydro, has appointed Ole-Christen Enger as its new CEO, effective from this fall. Enger will replace Peter Qvarfordt, who has decided to pursue opportunities outside the company.

Ole-Christen Enger joins Hydrovolt from the position as VP, Head of Finance and Controlling at Hydro’s Business Unit Recycling, a position he has held since 2020. Enger therefore brings important experience from the recycling business and is well-positioned to drive Hydrovolt’s mission of developing a sustainable battery recycling business in Europe and the US.

I am thrilled to join Hydrovolt as the new CEO and continue to strengthen the remarkable work the Hydrovolt team has already accomplished. I am committed to furthering Hydrovolt’s mission of developing sustainable battery recycling solutions in several new markets and contributing to the overall growth and innovation of the battery industry

Ole-Christen Enger, CEO, Hydrovolt

The appointment follows the departure of Peter Qvarfordt, the outgoing CEO who has led the company through its initial start-up phase. Hydrovolt has gained valuable experience through operating Europe’s largest battery facility for recycling of EV-batteries in Fredrikstad, Norway.

We are very excited to have Ole-Christen join the team as the new CEO. His background from recycling coupled with his leadership skills positions him as an ideal choice to guide Hydrovolt’s mission and expansion in a fast-growing and increasingly competitive market. Hydrovolt has attracted some of the best people in this industry, is backed by long-term industrial investors, and is well positioned for international growth

Emma Nehrenheim, Chair of the Hydrovolt board