Floating offshore wind specialist Fred Olsen 1848 promotes projects chief to CEO

Floating renewables specialist Fred Olsen 1848 has appointed its chief projects officer Per Arvid Holth as its new CEO.

He will start as CEO on 1 March, replacing Sofie Olsen Jebsen, who had been in the role since Norwegian holding company Bonheur launched Fred Olsen 1848 as a standalone division in November 2021.

Holth joined Fred Olsen in 2012, and has worked in a number of roles, most recently as chief project officer responsible for developing the company’s floating wind and solar projects.

Holth – who also serves as deputy chairman of the Oslo Shipowners’ Association – had spent six years at engineering consultancy DNV before joining Fred Olsen.

In addition to its project development activities, Fred Olsen 1848 has designed a steel tubular semi-submersible floating wind platform – Brunel – as well as a mobile port solution for integrating wind turbines with floating structures.