About us

Meet our staff

Aril Fagereng

CEO/Inventor

Arill is an Engineer and Inventor by background. Over the past 30 years he has been the CEO of multiple companies with 50-100 employees. For the last decade he has matured the “Ocean Energy Turbine” from initial engineering drawings to fully patented concepts. The main motivation behind the development of the concept has been the recognition that the tremendous energy resources from slow moving currents in oceans are nearly unused. Whilst working on the concept he also implemented design changes which also makes the turbine ideal for harnessing energy from rivers and tides. With more than 70% of the planet’s surface consisting of oceans there is significant energy potential waiting to be tapped.

Contact us directly to receive our pitch deck (Investor information).

WhatsApp Bilde 2025-03-10 kl. 12.09.24_9187d558

Magnus Magnusson 

Partnership Leader/Innovative Finance Expert in Life Sciences & Green Energy

Dynamic professional with extensive experience in business development, strategic partnerships, and innovative financing.

Previous Leadership Roles:

Director, Partnerships & Outreach, Human and Social Science Sector, UNESCO: Led strategic partnerships and outreach efforts to amplify impact in the human and social sciences.

Director, Regional Office for Central Asia, UNESCO: Managed operations across Kazakhstan, Kyrgyzstan, Uzbekistan, and Tajikistan, fostering regional development initiatives.

Prior Roles:

Vice President, Emerging Markets & Sustainability, Eco Capacity Exchange: Championed sustainable growth strategies in emerging markets.

Head of Government Relations, Northern Europe, Bill & Melinda Gates Foundation: Managed key governmental relationships to support global health and development programs.

Head of Business Development & External Relations, UNCDF: Spearheaded business development initiatives and fostered external partnerships to support financial inclusion.

Regional Manager, Nordic Development Fund: Oversaw a $150 million infrastructure portfolio in East Africa and Ghana, driving sustainable development outcomes.

Henrik Roe

Economist

Henrik is an economist from Pacific Lutheran University and Harvard with extended experience as a corporate banking professional with projects and portfolio management, working capital analysis and management as well as financial modelling as part of his core competencies. He has close to 15 years of experience in finance from DNB, SEB, Norsk Hydro and as an entrepreneur/founder. Henrik also has broad international experience as a Senior Strategist and Advisor.

Arne Osmundsvaag

Civil Engineer

Master of science from NTNU, Department of Marine Technology.

Two patents in novel hull design. Arne has a long experience from the marine industry, in particular from the fast ferry industry.