Hoegh LNG makes board changes

FSRU owner Hoegh LNG Holdings has welcomed Eric den Besten and Carlo Ravizza to its board of directors.

The two new directors were appointed during a shareholder meeting held on June 9, and are replacing Leif O. Hoegh and Martine Vice Holter, according to a statement by Hoegh LNG.

Leif O. Hoegh will continue as alternate director to the board.

The floating LNG firm said den Besten is the incoming CEO of Hoegh Capital Partners.

He was previously chief investment officer of SHL Capital, a single family office with controlling interests in Aston Martin Lagonda and the Aston Martin F1 team.

Moreover, Ravizza is an investment director at HCP and board member on various HCP’s portfolio companies with over 15 years experience in the principal investments and real assets space, Hoegh LNG said.

Prior to HCP, he advised large corporates on strategy, corporate finance, M&A and restructuring projects while at McKinsey, Bain, JPMorgan, AlixPartners, and Alvarez&Marsal.

“We welcome our two new directors and thank Martine Vice Holter for her service to the company” said Morten W. Hoegh, chairman of Hoegh LNG.

Hoegh LNG recently reported a record quarterly Ebitda, while the firm works to ensure its FSRU projects start operations as planned in Germany, France, and Brazil over the coming months.

The group’s fleet comprises ten FSRUs and three LNG carriers.

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