The new CEO of Evecon OÜ, the largest privately owned renewable energy company in the Baltics, is Karl-Joonatan Kvell, the company’s former Development Manager.
Karl Kull has decided that Evecon has reached a stage in its development where it can move on to new challenges and he can hand over the baton to Karl-Joonatan Kvell.
Karl-Joonatan Kvell, who became the new CEO, has been working as Development Manager at Evecon since 2022 and is now responsible for the expansion of the company’s portfolio, project planning and implementation.
“Karl Kull has been a key player in building and growing Evecon,” said Aivar Mäemets, Evecon shareholder and management board member “His strategic thinking and courage to take big steps have helped us become one of the leading renewable energy developers in the region in a very short time. We wish him success in his future endeavours”.
“I’ve had the honour to lead Evecon through this period of exceptional growth – building the team, making the first big deals and implementing projects that have transformed the company and the sector,” said outgoing CEO Karl Kull. “Today, I feel that it’s the right moment to pass on the baton. This summer I’ll take some time off to recharge my batteries, and then in the autumn I’ll get back on the track.”
Karl Kull has been one of the key players in the development of Evecon in recent years and an influential voice in the Estonian energy sector. Under his leadership, Evecon has completed a number of landmark projects, including the construction of the largest battery farm in continental Europe and the largest solar farm in the Baltics.
Karl Kull’s contribution to the rapid growth of the company in recent years and its positioning as the leading renewable energy developer in the region has been significant and much appreciated.
New manager continues on the fast development track
The vision of Karl-Joonatan Kvell as the new CEO of Evecon is to continue the rapid expansion and implementation of projects in the Baltics, strengthening the company’s position as one of the most innovative renewable energy developers.
As Development Manager, Kvell focused on the high-quality and rapid implementation of projects and building an ambitious portfolio – principles that will remain at the heart of his future as the CEO.
Under the management of Kvell, Evecon will actively try to find different energy-related outputs and maximise the value of its existing development portfolio.
Evecon is a leading energy company based on private capital in the Baltic States. The company is developing an energy portfolio of more than 2.7 GW, including solar, wind farms and battery storage solutions.
