European energy tech company Ingrid Capacity announces that Katherina Reiche will be stepping down from the Board of Directors of Ingrid Capacity due to her upcoming appointment as Federal Minister for Economic Affairs and Energy. Katherina Reiche was elected to the board at an extraordinary general meeting on 5 March 2025.
Axel Holmberg, CEO of Ingrid Capacity: "On behalf of Ingrid Capacity, I would like to congratulate Katherina Reiche on her nomination as Federal Minister for Economic Affairs and Energy. She has made an important contribution during her time with us. It is valuable that Katherina Reiche will now be bringing her expertise to German and European energy policy and focus on how to enable the energy needs of industries and consumers in a secure, affordable, and clean way.
Ibrahim Baylan, former Swedish Minister for Energy and member of the Board of Directors of Ingrid Capacity: "We congratulate the new nominees for the German cabinet today and, in particular, Katherina Reiche on her nomination. We look forward to working with the new federal government to advance European cooperation for a secure and sustainable European energy market, thereby strengthening Europe's competitiveness."
Ingrid Capacity is shaping the future of energy by addressing one of the most critical challenges in the energy transition: grid constraints. The company optimizes electricity grids for system operators, energy users, and power producers by combining strategically located flexible assets, advanced digital tools for grid optimization, and innovative energy contracting models. By unlocking grid flexibility and accelerating electrification, Ingrid Capacity enables a more resilient, competitive, and sustainable energy system.
Since its founding in 2022, Ingrid Capacity has built a market-leading trading and optimization platform, established itself as the Nordic leader in energy storage, and is now rapidly expanding across Europe.
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