THE CHALLENGE
FREIJA IS ON A MISSION TO REDUCE FOSSIL DEPENDENCY THROUGH CLEAN FUEL SUPPLY
FREIJA IS ON A MISSION TO REDUCE FOSSIL DEPENDENCY THROUGH CLEAN FUEL SUPPLY
Clean fuels are the ideal carbon neutral alternative to replace fossil fuels for hard-to-abate transport sectors. Freija will predominantly supply eLNG, but may also provide eMethane to customers.
14% ESTIMATED ANNUAL GROWTH RATE 2030-2050
Share of energy demand in transport
EJ, IEA Net Zero by 2050 Scenario and Freija Analysis
1 Hydrogen and hydrogen-based fuels
Based in the Nordics, Freija has access to key input factors and core competencies
A unique plant design enables flexible operations and leveraging low-cost renewable power
Well-established technology and value chains to replace fossil LNG, enabling material reduction of emissions from transport
Initial production will be in Finland, serving customers in northern continental Europe
High and growing renewable energy share
Access to clean baseload power
Strong developed electricity grid
Strong shipping and natural gas competence
Stable regulatory environment
Unique access to biogenic CO2
160 tons
per day eLNG production in 2028
>1000 ton
per day long-term plan for eLNG production
1 million tons
per annum CO2 savings potential
100%
neutral / biogenic CO2 loop
Freija is led by a highly experienced management team with deep technical and project execution expertise.
Reidar Strande
CEO
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Sebastian Kunert
CTO
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Lasse Bergerud-Wichstrøm
CCO
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Christian Yggeseth
CFO
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Hallvard Kleven Godø
Finance & business dev.
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Kristian Hauglum
Executive Chair
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Haakon Haaland
Director
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Anders Hærland
Director
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Harald Bjørland
Director
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Freija is backed by solid and competent owners in Vanir Green Industries, a Nordic investment company that invests in, develops and scales green, robust and profitable businesses needed to accelerate the energy transition. Vanir Green Industries is managed by a team of experienced professionals with deep industrial competence and a genuine drive to build a more sustainable future.
