Eiric Skaaren

About Eiric Skaaren

Dynamic and results-driven lawyer with extensive leadership experience across C-suite…

Experience

1. COO

   Fenrir Infrastructure Partners

   Apr 2014 — Present · Manhatten, NY, US

   Fenrir Infrastructure Partners (New York) is a fund management firm which focus on fund establishment, capital sourcing, in addition to participate in all phases of M&A transactions, from investment to development and exit.Our private offerings are carefully structured to ensure full compliance with applicable securities laws. Stock subscriptions rely on Regulation D exceptions, specifically Rule 506(c), where participation are limited to accredited investors. For fund participation, FIP rely on section 3(c)(1) and 3(c)(7) of the Investment Company Act of 1940, meaning that Broker-dealers has to understand the fund\'s regulatory status before offering it to their clients. A 3(c)(1) designation clarify that the fund is being sold as a private placement to accredited investors, not to the general public.Name of Fund in the US: FIP Fund ISEC file number: 80•••••08CRD number: 339094Private Fund indentification number: 80••••••••58​As COO, I have a high focus on the operational side of the acquired portfolio companies. In addition I\'m leading the steering committee for establishment of new funds and its investments.Sophisticated investors are increasingly allocating funds to the power industry and large infrastructure projects. The new investment megatrend will be in sustainable baseloadpower generation, and green ammonia fuel, to avoid blackouts when the wind fades. Batteries for storage will be big in the future, to eliminate the need for grid operators to purchase backup power from natural gas as this resource will be exhausted by 2075. We also foresee a massive growth in datacenters and AI, particular for offshore based datacenters with advanced cooling systems by utilizing cold water in the ocean.