“It feels incredibly fun to join a company that is in a phase where it is possible to both influence the company's development and also contribute to changing an entire industry,” says Helena Fagraeus Lundström, new CEO of T.Loop.
T.Loop strengthens its management team by recruiting Helena Fagraeus Lundström as new CEO. Helena most recently comes from The Sun Company, where she has played a central role in the company's growth and development. The recruitment comes at a time of strong demand for sustainable data center solutions.
T.Loop has quickly established itself as a future player with its energy-efficient data centers. The company controls three data centers in Stockholm and has signed its first commercial agreement. There are also plans for additional locations in major cities in the Nordic region. The exponential growth of data, especially due to AI, creating a hot market where demand exceeds supply.
“We are very pleased to have recruited Helena, who comes with a broad experience from senior positions in business strategy and commercial issues. She also has a strong commitment to climate, sustainability and energy issues. She is exactly what we need in the exciting expansion phase that the company is in,” says Jonas Nyman, Chairman of the Board and Co-Founder, T.Loop.
T.Loops The circular business model is based on enabling the use of 100 percent of the data center's waste heat to heat buildings or convert it into district heating, and making the data center's reserve capacity available to balance the power grid. The company thus addresses the increasing energy use from the data center industry in connection with the development of AI.
"I look forward to working with the strong team at T.Loop lead the transition of data centers from being large energy consumers, to creating system benefits. T.Loop's business model enables data centers to be part of the sustainable energy system of the future,” says Helena Fagraeus Lundström.
In connection with Helena taking up her position as CEO, T.Loops co-founder and current CEO, Staffan Stymne, focus on the company's strategic and technical development in her role as Vice President. Helena will assume her role on January 15, 2025.
About T.Loop
T.Loop makes data centers part of the energy system of the future. T.Loop builds modern and energy-efficient Data Energy Centers® that reduce CO2 emissions from data centers by over 70 percent.
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