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Todd O’Neill joins Modvion’s board

  • 14 november 2022
  • News

Todd O’Neill brings his unique perspective as someone working in the wind energy sector combined with 30+ years of experience in international corporate development, investment banking and technology investing. Currently a senior advisor to Vestas, the largest wind turbine manufacturer in the world, and CEO at Vestas Ventures, the corporate venture capital arm of Vestas. Vestas is a close collaborator to Modvion and became a minority shareholder in Modvion through investment via Vestas Ventures in February 2021.

“It’s impressive to see what the team has already achieved at Modvion. Both in terms of technical progress and with commercial momentum over the past months. As CEO of Vestas Ventures I’ve had the opportunity to gain deep insight into Modvion and I’m encouraged by what I’ve seen. By joining the board I’m looking forward to deepening my involvement in this innovative company.”

Alongside his role at Vestas Ventures, Todd also serves as Chairman of the board at Queue-it, and on the board at Gro Capital and Hysata. Previous roles have included SVP Group Corporate Development at ISS A/S, and Director at SEB Enskilda where Todd established their presence in Denmark from scratch. Everyone at Modvion is looking forward to having Todd play a more active role in the company and his experience will be a huge benefit. Welcome!

 

Author:

sara

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The future is wooden

Modvion provides the wind power industry with the solution needed to build tall wind turbine towers. When the height of a tower doubles, the effect from the turbine quadruples.

The market predictions are 30 000 new turbines per year. And every wind turbine needs a tower.

Our modular wooden solution provides the world with tall towers that are not only close to climate neutral, but also stores CO2 during its lifetime. That’s why we’re confident that our patented, modular solution is the way for wind power to reach it’s full potential.

Go check out our projects…

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Varberg Energi´s Wooden Wind Turbine Tower Marks a Year of Sustainable Power

(Swedish below) It has been a year since Modvion’s first commercial wooden wind tower was handed over to Varberg Energi. Over the past 12 months,...
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Bloomberg News: Vestas-Backed Startup Plans Soaring Wooden Wind-Turbine Tower

The leading business news outlet, Bloomberg, writes an article on Modvion's new wind turbine tower design - Vestas-Backed Startup Plans Soaring Wooden Wind-Turbine Tower. Sweden’s Modvion AB has...

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This project has received funding from the European Union’s Horizon 2020 research and innovation program under Grant Agreement No. 959151.

 

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