Changes in the board of directors of the juwi group

The juwi AG’s supervisory board appointed Carsten Bovenschen and Christian Arnold to the company's executive board at today's meeting. From November 15, 2021, Carsten Bovenschen will be the new CEO of the juwi group. He will also be responsible for the finance department. On the same date, Christian Arnold takes over the operational business in Germany as a member of the Management Board. Stephan Hansen is still responsible for the international business of the juwi group. The juwi board is now fully occupied again.

Bovenschen has been active in the field of renewable energies and their storage for almost 15 years. Most recently he was CFO at Akasol AG in Darmstadt, a manufacturer of high-performance battery systems. Previously, the 57-year-old business graduate held managerial positions at various companies, including as CFO at photovoltaic company Solarwatt.

Christian Arnold, 51 years old and a graduate engineer, has been with the juwi group since 2017, after having previously worked as an OEM Field Service Leader at Swiss General Electric / ALSTOM AG. At juwi, he was most recently the technical director of the “Renewable Energies Germany” division.

"I am delighted that we have been able to gain two proven experts, Carsten Bovenschen and Christian Arnold, for the juwi board of directors, says Dr. Georg Müller, Chairman of the Board of Management of MVV Energie AG and Chairman of the Supervisory Board of juwi AG. “Both have extensive experience in the energy industry. The accelerated expansion of renewable energies is an important cornerstone for the implementation of the electricity transition as part of our 'Mannheim Model'. Carsten Bovenschen and Christian Arnold, together with Stephan Hansen, will play a key role on this path"; Dr. Müller adds.

Carsten Bovenschen: “Juwi AG is a global company with excellent prospects, which also has a key task and a pioneering role in the upcoming energy transition. I am very much looking forward to my new role and especially to working with my colleagues in the juwi group”.

Christian Arnold: “Germany is internationally pioneering in its commitment to climate protection. In this important market, we want to continue to actively promote the expansion of renewable energies and thus contribute to the implementation of climate neutrality for Germany by 2045 ”.

Dr. Stephan Küßner will leave the board of directors of juwi AG on November 30, 2021. Küßner was temporarily appointed by MVV Energie AG as a member of the board at juwi AG on September 1, 2020, where he was most recently responsible for project development in Germany in addition to the finance department.

"The entire supervisory board of juwi AG thanks Dr. Küßner expressly for his successful work since his appointment. We wish him all the best and continued success in his future tasks within the MVV Group,” says Dr. Müller.

About the juwi group:

The juwi group is one of the leading specialists for renewable energies. The German renewable energy pioneer has been offering complete project development as well as other services relating to the planning, construction and operation of renewable energy systems for 25 years. The juwi group's business areas include projects with wind and solar energy as well as hybrid systems with storage systems for industrial applications.

Juwi was founded in 1996 in the German state of Rhineland-Palatinate. The company is now based in Wörrstadt near Mainz and has been part of Mannheim-based MVV Energie AG, one of the largest municipal energy providers in Germany, since the end of 2014. The juwi group employs around 850 people worldwide and has projects on every continent. There are subsidiaries in: Germany, Italy, Greece, South Africa, the USA, Japan, Australia, India as well as the Philippines, Thailand and Singapore.

To date, juwi has implemented more than 1,000 wind energy systems with an output of more than 2,400 megawatts at around 180 locations worldwide; in the solar segment there are around 1,800 PV systems with a total output of more than 3,000 megawatts. Together, these energy systems generate around nine billion kilowatt hours of electricity each year; In purely mathematical terms, this corresponds to the annual requirements of around three million households in Germany. For the implementation of the energy projects, juwi has initiated an investment volume of almost ten billion euros over the past 25 years.