We monitor renewable energy opportunities closely and take a hands-on approach at every stage of the project value chain, from the bidding process, tender preparation, feasibility study, environmental impact assessment study, permits, tender design, procurement and project financing, to construction and operations. Our projects are designed for optimal long-term operations.

We target countries with a sustainable energy framework and untapped potential, with an initial focus on hydropower. Hydropower is a unique renewable energy resource combining low operating cost and flexibility, which is required with a growing share of intermittent electricity in the grid system.

Renewable energy projects can be a positive force for global, national and local communities. We view electricity as critical to economic development and believe renewable energy projects represent a development opportunity which should lead to healthy financial returns for the investors, as well as tangible gains for the stakeholders involved.

The management team behind Clean Energy Group has extensive experience in developing renewable energy projects and has previously planned and delivered the 187 MW Shuakhevi Project in Georgia. The Shuakhevi Project is the first cross-border, limited resource project finance transaction with sale of electricity both in Georgia and Turkey.  The Shuakhevi Project is on track to be completed Q4 2019. It is the largest hydro project to have been developed in Georgia since independence and the first project in Georgia to be registered through the Clean Development Mechanism (CDM), generating 265 000 Certified Emission Reductions (CER’s) per annum, equivalent to 265 000 tons of CO2.

Values and what we value

Values and what we value

At Clean Energy Group, we look for people who share our values and who have the intention and ability to help accomplish our vision. This requires honesty, good judgement, communication skills and a desire and passion to make a positive impact, through curiosity, innovation and courage, for fellow co-workers and for stakeholders at large.

For Clean Energy Group it is paramount that licences and ownership rights to develop and operate assets are obtained through competitive and transparent tender processes. We have zero tolerance for corruption.


Renewable energy for a more sustainable world.


Honesty, Competence, Courage & Sustainability.


Excellence in project planning, execution and operations.


We monitor renewable energy opportunities closely and demonstrate excellence in project planning, execution and operations.

Board of Directors

Board of Directors

Baard Mikkelsen


Baard is a founding partner of Clean Energy Group. Prior to this, Baard was CEO of Statkraft AS, the largest renewable energy company in Europe.

Baard is a Director in Clean Energy Group Georgia LLC, which is developing the Namakhvani Hydropower Project. Baard also played a key role in developing SN Power AS into one of the leading emerging market hydropower companies worldwide with investments in India, the Philippines, Chile, and Peru. Presently he is Chairman of Havyard ASA and Clean Energy Invest AS, Vice Chairman of Steinsvik AS, a board member of Infratek AS and Saferoad AS, and a member of the Shareholders Committee of Fred Olsen & Co. Baard was on the Supervisory Board of E.ON for five years and has previously held CEO positions in Oslo Energy Group, Ulstein Group and Widerøe Group.

Ragnar Søegaard


Ragnar is a founding partner of Clean Energy Group. Prior to this, Ragnar has held the position of CEO at Clean Energy Invest AS and CFO at E-CO, the second largest power company in Norway, with 10 TWh of hydropower generation.

Ragnar is Chairman of Glitre Energi AS, a Norwegian utility company with approximately 2.5 TWh of hydropower production. He is also a professor of finance and accounting at the Asian Institute of Technology in Bangkok.

Mark Davis


Mark is the head of the Clean Energy department at Norfund, responsible for energy sector investments in emerging markets.

Prior to joining Norfund in 2007, he was employed at Econ Analysis where he was responsible for a range of energy-related consulting assignments, primarily in developing countries. Mark’s main area of experience is power sector reform and regulation, including economic and financial due diligence of investment projects. He is also familiar with the flexible mechanisms under the Kyoto Protocol and has worked with a number of Clean Development Mechanism (CDM) projects and baseline methodologies. Mark has worked extensively in Southern and East Africa, as well as selected countries in Asia and Latin America.

Stein Dale


Stein is Executive Advisor at FSN Capital Partners and Energy Sector Specialist and Executive Advisor at QVARTS Management Consulting.

Baard is the Chairman in Clean Energy Group Georgia LLC, which is developing the Namakhvani Hydropower Project. Stein is former Senior Vice President of E.ON SE and CEO of E.ON International Energy. Prior to this, he served as CEO and Member of the Board of Directors of Multiconsult from 2011 – 2012.  From 2002 – 2011, Mr. Dale held several managerial positions within Statkraft – latest he served as Executive Vice President and CFO of Statkraft. Stein has been a non-executive director of a number of companies in Norway and abroad.



Bjorn Brandtzaeg

Chief Executive Officer

Bjorn is a founding partner and CEO of Clean Energy Group. From 2011 until 2015, Bjorn was the CEO in AGL, the project company for the 187 MW Shuakhevi Project and the 115 MW Koromkheti Projects in Georgia.

Prior to co-founding Clean Energy Group, Bjorn worked with transaction advice and consulting worldwide, based in London, Oslo and Washington D.C., and was most recently a principal in Econ, the largest independent energy advisory firm in Scandinavia, later acquired by Poyry.

Mathias Steinsvik Hadley

Chief Operating Officer

Mathias is a founding partner of Clean Energy Group. Prior to co-founding Clean Energy Group, Mathias worked as a business developer at Clean Energy Invest AS, working with land acquisition, permits and financing of the 187 MW Shuakhevi Project developed by AGL.

Mathias has previously worked as a production and project coordinator at PartnerPlast, a leading supplier to the seismic, offshore and aquaculture industries.

Viggo Mossing

Technical Director

Viggo has more than four decades of experience constructing and operating hydropower plants in Norway and internationally.

Viggo was the Executive Vice President of SN Power AS in the period 2008–2014, responsible for production and marketing of their hydropower plants worldwide. SN Power AS is a leading emerging market hydropower player.

Malgo Tynecka

Administration Manager

Malgo has extensive experience with international project management and marketing and is responsible for the company’s overall administrative and marketing activities.

Since 2011, Malgo has worked for Clean Energy Invest AS and as an advisor to Clean Energy Group. Prior to joining Clean Energy Invest AS she worked as a project manager at Making Waves Norway AS and as a business developer in CG Holding Norway, a Norwegian industrial company.