Cleaner, greener living

As the globe is getting warmer, it’s time to rethink the way we heat our urban buildings. Innargi wants to heat millions of urban homes while leaving zero impact on our planet by unearthing geothermal energy.

Our natural world is precious, and we can all make small changes to the way we live. But what our climate really needs is change at scale. Solar and wind have already transformed how we produce energy. What those technologies have done for electricity, geothermal can do for heating.

Innargi has the team to make it happen. With the combined expertise and knowledge of geologists, reservoir, facility and drilling engineers from the oil industry and our partnership with local district heating experts, we are in a unique position to turn ambitious plans into real change.

Innargi is owned by A.P. Moller Holding, ATP and NRGi.

Learn more at apmoller.com

We supply hot water to your doorstep

We have developed a business model in which we take all the responsibility and risks at every phase of our projects, from the initial test drilling to supplying the warm water to the district heating company. That way, both the district heating companies and their customers can be certain that there will be no unanticipated added costs even if things do not go as planned.

5 - 6 YEARS
30 YEARS
30 YEARS

Project development

In the first phase, we develop a custom-made solution for the city in question, apply for an underground license and finalise the heat supply contracts.

30 YEARS

Appraisal

In the second phase, we obtain permissions from the authorities and drill exploration wells with the purpose of exploring underground, evaluating the results and sending subcontracts an offer.

30 YEARS

Construction

In the third phase, we design and construct the geothermal plants and their wells.

30 YEARS

Operation and maintenance

The fourth phase covers the technical operation. This means that we monitor and maintain wells and pumps, protect the reservoirs and ensure delivery of full heat potential.

Our team has many years of experience with the planning, execution and operation of complex projects in the subsurface

Samir Abboud

Samir Abboud is a lawyer by background and has more than 20 years of experience from Maersk Oil and Maersk Drilling in various legal, commercial, and managerial positions. Samir joined Innargi as CEO in 2018.

samir.abboud@innargi.com

Asbjørn Haugstrup

Asbjørn Haugstrup has more than 20 years of experience working with public affairs and communication. Before joining Innargi, Asbjørn was CEO of Radius CPH for six years. He has also been the Special Political Advisor to the Danish Foreign Minister, to the Danish Minister of Economic Affairs and the Interior, and to the Danish Minister for Climate, Energy and Utilities. Asbjørn holds a degree in Law from the University of Copenhagen.

asbjorn.haugstrup@innargi.com

Hildigunnur Thorsteinsson

Hildigunnur Thorsteinsson is an Icelandic and US citizen who comes from a successful career as Managing Director of Research and Innovation within geothermal energy and renewable energy in Reykjavik Energy, whose subsidiaries own and operate geothermal power and heat plants that serve over 70% of Iceland’s population. Previously, she worked at the U.S. Department of Energy’s Geothermal Technologies Office where she oversaw a wide portfolio of geothermal research projects. Hidda has vast experience with managing geothermal projects, innovation, and research, along with a solid theoretical background including her Master of Science from Massachusetts Institute of Technology.

hidda.thorsteinsson@innargi.com

Lars Petersen

Lars Petersen is a reservoir engineer with more than 20 years of experience in corporate exploration and field development functions within the energy industry. Lars joined the Innargi team in 2019 and is driving the screening of geothermal opportunities with a focus on integrating the subsurface and commercial aspects. With a MSc in Chemical Engineering from DTU (Technical University of Denmark), Lars is an expert in production optimization, subsurface engineering, and exploration well design and evaluation.

lars.petersen@innargi.com

Michael Harboe-Jørgensen

Michael brings 15 years of experience within the A.P. Moller Group working in various leadership positions within corporate strategy, M&A, and investor relations. Before that he worked as research analyst at Danske Bank in Copenhagen. His most recent role prior to joining Innargi was Vice President, Investor Relations, and Financial Planning & Analysis at Maersk Drilling. Michael holds a master’s degree in Economics from University of Copenhagen and a master’s degree in Econometrics and Mathematical Economics from London School of Economics.

michael.harboe-jorgensen@innargi.com

Philip Michael Gosney

Philip has 15 years of experience within the A.P Moller Group working in senior commercial and legal positions in the energy industry. He has worked on complex drilling and floating production projects across the globe, together with M&A projects. Before this he was in private practice as a litigator for Linklaters in London. His most recent role prior to joining Innargi was Vice President, Commercial at Maersk Drilling where he established dedicated contract negotiation, tendering, marketing, and product management functions. Philip holds a master’s degree in Law from Oxford University.

philip.gosney@innargi.com

Søren Christian Børsmose

Søren Christian Børsmose has 25+ years of international experience from consulting and operating companies, including all phases of project development and execution. As Project Director in Innargi, Søren is responsible for our project execution, including accelerating the process of building EUs largest geothermal plant in Aarhus. Søren is a Chartered Engineer (CEng), Fellow of the Institution of Chemical Engineers (IChemE), and a certified Project Management Professional (PMP).

soren.borsmose@innargi.com

Anja Nielsen

Anja Nielsen is a Senior Executive Advisor skilled in ensuring consultation to and sparring with top management and in assisting the organisation executing its activities. She has gained her comprehensive experience through various corporate roles in A.P. Moller – Maersk head office as well as the Danish authorities and Copenhagen University. Anja has a strong educational background with three master’s degrees in International Politics from University of London, and Political Science and East Asian Area Studies from Aarhus University. She is currently a member of the University team of censors in International Politics, previously part-time associate professor in same.

anja.nielsen@innargi.com

Clara Møhl Schack

Clara has worked within the A.P. Moller Group since 2010 where she has held several strategic HR positions in energy, transport, and logistics in Copenhagen and London. She has experience with translating business goals into people strategies with focus on enabling talent at corporate as well as frontline level. Prior to joining Innargi Clara worked in Maersk Drilling as Senior HR business partner for technical as well as support functions, enabling large scale transformations and change. Clara holds a master’s degree in psychology from Copenhagen University and is an external speaker on Human Resource Management at Said Business School, Oxford university.

clara.mohl.schack@innargi.com

Anne Angaard Nord

Anne Angaard Nord is registered with the Danish Bar and Law Society and holds a master’s degree in law from Copenhagen University, Denmark. Before joining Innargi, she worked in private law firms for 15 years as a trusted advisor to national and international clients. During her career, Anne has specialized in a range of legal areas including upstream energy, commercial law, M&A, corporate law, and capital markets.

anne.nord@innargi.com

Alexander Richter

Alexander Richter has extensive experience within geothermal and renewable energy. Throughout most of his career, Alexander has been focused on geothermal energy, first in banking, then media, consultancy, marketing, and business development in a wide range of international players in the geothermal energy space. In addition to this, he is also founder and editor of ThinkGeoEnergy.com, the leading platform for geothermal energy news. Alexander holds a law degree from the University of Konstanz in Germany and a Master of Electronic Commerce from Dalhousie University in Canada. Alexander is a board member of the International Geothermal Association and Director-at-Large on the Board of the Canadian Geothermal Energy Association.

alexander.richter@innargi.com

Denis Gelman-Riis

Denis Gelman-Riis has more than 15 years of experience working with large global organizations in various corporate roles. Denis has lived and worked in Copenhagen, Aberdeen, and Houston in the Energy Sector and Pharma Industry. Prior to joining Innargi, Denis was a Director of Cost Optimisation in the IPO Preparedness Office with LEO Pharma where he led work on optimizing the global cost footprint. Denis holds a master’s degree in Business Studies and Communications from Roskilde University.

denis.gelman-riis@Innargi.com

Erik Roesen Larsen

Erik graduated from the Royal Danish Military Academy in 1998 and served in the Danish Army until 2007 where he joined Maersk Line as Learning Leader. From here, he moved to Group HR in A. P. Moller – Maersk where he worked with leadership development and learning governance. In 2010 Erik was appointed as Head of Learning and Training in Maersk Drilling where he held various HR positions. In the spring of 2018, he was promoted to Head of HSSEQ in Maersk Drilling with the task to develop and implement a new approach to safety which were rolled out during 2018 and 2019.

Erik.Roesen.Larsen@Innargi.com

Harikishan Mandalapu

Harikishan Mandalapu has 14 years of experience with focus on corporate finance and evaluation of capital-intensive projects in energy and renewables. Before joining Innargi in 2018, Harikishan worked as a corporate economist and reserves analyst at Maersk Oil, leading economics for USA, Brazil, and Kurdistan business units & corporate M&A activities. Formerly, he worked as Business Process Manager in Maersk Line with Project manager responsibilities of various strategic projects within the Operations area. Harikishan has an MSc in Mechanical Engineering from the Blekinge Institute of Technology, Sweden.

harikishan.mandalapu@innargi.com

Martin Kaster

Martin Kaster is an engineer with 22 years of experience in well servicing, completions, intervention technology, and concept development. Martin has for the past 5 years been the lead facilities engineer on the Innargi team that has matured a large-scale geothermal heating project in Aarhus. In connection with this work, Martin has developed the modularized facility concept for the geothermal facilities planned to be implemented in Aarhus.

martin.kaster@innargi.com

Niels Peter Øgelund

Niels Peter Øgelund has more than 35 years of experience within the drilling industry primarily working for Maersk Oil and Gas A/S. He started offshore Denmark in 1986 where he worked on various offshore drilling rigs for approximately 9 years as Drilling Supervisor. He moved through the ranks, and from 2000 he was Head of Drilling in Maersk Oil Qatar and later Head of Drilling and Well Services in Denmark until 2014. In his last position in Maersk Oil, Niels was Head of Drilling Operations Global. Niels has special experience in Drilling Leadership, Horizontal wells, Performance improvements, and Well Control. Niels has been on the Board of Directors for IWCF.

nielspeter.ogelund@innargi.com

Mathias Schou Gammelgaard

Mathias Schou Gammelgaard has more than 20 years of experience working with strategy, business and project development, negotiation, and interest management in the energy and utilities sector. Before joining Innargi, Mathias was Portfolio Manager of Kredsløb and has for several years worked with the strategic development of the next generation of green district heating. Mathias also acted as Kredsløb’s Chief Negotiator and Project Director when Kredsløb and Innargi developed and entered into Denmark’s first agreement on large scale geothermal district heating. Mathias is a certified project manager and holds a degree in Technology and Planning from the University of Roskilde.

mathias.gammelgaard@innargi.com

Stephan Ghisler-Solvang

Stephan Ghisler-Solvang has worked for more than 20 years in communications and journalism. In the last 7 years before joining Innargi, he worked as head of press and external relations in ATP – Denmark’s statutory pension fund and one of Europe’s largest institutional investors. Prior to that, Stephan was Chief Press Officer in Nordea in Denmark. He has held various positions in TV 2 Denmark, working both as a business editor and reporter. Stephan holds a bachelor’s degree in journalism from the University of Southern Denmark as well as a bachelor’s degree in German Language and Geography (Deutsche Sprachraum Studien) from Roskilde University.

stephan.ghisler-solvang@Innargi.com

Søren Berg Lorenzen

Søren Berg Lorenzen has more than 20 years of experience with district heating, both as a consultant, as a manager within a leading Danish district heating company, and as head of department within the Danish District Heating Association. In addition to this, Søren has more than 10 years of experience with geothermal energy, including 5 years as Managing Director of an in-house consultancy owned by and providing services to a number of Danish district heating companies. Furthermore, Søren was appointed chairman of the National Expert’s Committee on geothermal energy for a period of 3 years. Søren holds a master’s degree (M.Sc.) in engineering from the Danish Technical University.

soren.berg.lorenzen@innargi.com

Hans Christian Mathias Krarup

Hans Christian Krarup has more than 20 years of experience in HSSE management and engineering projects in Europe, Africa, Asia, the Middle East, and North America. He has specialist skills from energy, civil and environmental engineering, mining, and utility sectors. Hans Christian has a technical background in environmental and civil engineering.

hans.christian.krarup@Innargi.com

Kim Rolin

Kim has more than 28 years of experience in the energy industry, from being a contract manager in the construction industry to being an employee at Rambøll. He has worked as project lead for all of the biggest district heating companies in Denmark, and before Innargi, he has worked the last 4 years as EPC – Project lead on establishing district heating stations (new installations and expansions). Kim is a structural engineer and has devised pipe specs and design manuals for use in CE marking. He has many years of experience as the person responsible for structural analysis of pipes and steel constructions at district heating stations, pumping stations, heat exchange stations, as well as district heating transmission lines and distribution networks. From 2003 to 2018, he has also participated in European norm- and standardising work as an expert member of TC107 and Danish standard S-190 (pre-isolated district heating lines in earth). Kim has a Bachelor of Science in Engineering – structural engineering from 1994.

Kim.Rolin@innargi.com

Niko van der Post

Niko van der Post joined Innargi in 2018 as a reservoir and production engineer, after having worked more than 20 years in the oil industry in roles ranging from laboratory-based researcher in the Netherlands, reservoir engineer in the Middle East and Siberia, and CCS study lead in Denmark. His responsibilities in Innargi include production forecasting, corrosion and scale prevention, doublet performance of new business developments, and thermal reservoir simulation. Niko holds a PhD in physics from Leiden University and lives in the Netherlands.

niko.vanderpost@innargi.com

Christoffer Mouritzen

Christoffer Mouritzen has broad experience in Upstream Oil & Gas and Renewables having worked the full technical value chain from exploration to development to operations, which adds value when seeking cross disciplinary engagement. He has international experience from working and living in different countries incl. Russia, USA, Denmark, Kazakhstan, and the UK. His current focus areas are seismic mapping, building geological models, and well planning for Innargi’s various project opportunities in Denmark.

christoffer.mouritzen@innargi.com

Helen Cromie

Helen joined Innargi as a geoscientist in 2022. Prior to this, she spent close to 15 years in the petroleum industry, starting her career in small exploration companies in Scotland, before spending 11 years with Maersk Oil and later joining Total. Helen has worked globally across the full upstream value chain, from wellsite operations to field appraisal and development to exploration. More recently, Helen also worked for Ørsted as a commercial analyst for offshore wind operations. She has a BSc in Geology & Physical Geography from The University of Edinburgh and an MSc in Integrated Petroleum Geoscience from the University of Aberdeen.

helen.cromie@innargi.com

Lea Holstein

Lea Holstein has a bachelor’s degree in geology from the University of Copenhagen, Master of Science from University College London, and added an eMBA in Management of Technology and Innovation from DTU (Technical University of Denmark) in 2016. She has worked as a geologist in Maersk Oil in operations, exploration, and in a corporate function in Technology and Innovation since 2003. Before that, she had a project employment at GEUS (Denmark and Greenland Geological survey). Lea has worked with geothermal energy at Innargi since its foundation in 2017. She is thrilled at the opportunity to use her skills and experience as a Geologist as well as the MBA toolbox for the purpose of implementing more climate friendly ways to heat our homes.

lea.holstein@innargi.com

Morten Hansen

Morten Hansen has more than 25 years of experience working with project and production optimisation in different lines of industries, including heat exchange and heat transportation. Throughout all his roles, Morten has been responsible for implementing LEAN to optimize the production. For the past 10 years, Morten has worked with oil & gas in the North Sea, both as a project manager and project services manager on larger projects for Maersk Oil & Gas. Morten joined Innargi in 2022 as Project Service Lead, where he is responsible for the development of the Innargi project management system.

morten.hansen@Innargi.com

Kristian Binzer Rasmussen

Kristian Binzer Rasmussen has 20 years of international experience within wells, drilling, and technical management in Europe, Africa, the Americas, Middle East, and Asia. Prior to joining Innargi, Kristian has held positions as Drilling Superintendent in Maersk Oil & Gas, drilling consultant roles, and Technical Operations Manager in the Biotech industry within utilities and maintenance. Kristian holds a degree in Civil Engineering from the Technical University of Denmark.

kristian.binzer.rasmussen@innargi.com

Jesper Royberg

Our Board of Directors has extensive expertise in geothermal energy, finance, energy transformation, and regulation

Claus V. Hemmingsen

Claus V. Hemmingsen is an experienced CEO and Chairman with extensive executive and board experience from energy and energy services. He is a former CEO of Maersk Energy and Maersk Drilling. Claus is also Chairman of DFDS, Maersk Drilling, and HusCompaniet and a Board member of amongst other Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping and Global Maritime Forum Foundation.

info@innargi.com

Anders Eldrup

Anders Eldrup is an experienced CEO who led the transition of DONG Energy from oil & gas into renewable energy. He is the former Permanent Secretary to the Ministry of Finance. Anders is also Chairman of the Commission for Green Transition, Denmark’s Green Investment Fund, and LORC. Additionally, he is Vice Chairman of the Thinktank CONCITO and board member of Nordlys Energi. Moreover, Anders is a Senior advisor to, amongst others, Copenhagen Infrastructure Partners.

info@innargi.com

Dr. Edda Sif Pind Aradóttir

Dr. Edda Sif Pind Aradóttir is the CEO of Carbfix, a leading carbon capture and storage technology company. She is former Head of Innovation and Strategic Planning at Reykjavik Energy with a MSc in Theoretical Chemistry and a PhD in Reservoir Engineering. Edda is also Chairman of Iceland New Energy and a Board member of GEORG (Geothermal Research Cluster) and Ljósleiðarinn.

info@innargi.com

Pernille Erenbjerg

Pernille Erenbjerg is an experienced CEO and CFO with extensive executive and board experience from blue-chip companies in Denmark incl. former CEO and CFO of TDC Group. She is Deputy Chair of Genmab and Chairman of the Board for Nordic Entertainment Group. Additionally, Pernille is a Board member at RTL Group, a former board member and member of the Audit Committee at Nordea, and Deputy Chair for the Board of Directors of DFDS.

info@innargi.com

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Innargi A/S
Lyngby Hovedgade 85
DK-2800 Kgs. Lyngby
Denmark

General inquiries

+45 32 26 88 00

info@innargi.com

Administration

Annette Henriksen, Secretary

annette.henriksen@innargi.com

Press

Asbjørn Haugstrup

+45 26 72 94 21

asbjorn.haugstrup@innargi.com