# Concord New Energy Group Limited

Concord New Energy Group Limited is an Asset Manager based in Lund, Sweden.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Lund, Sweden
- **Region:** Europe
- **Address:** Lund, Sweden
- **Founded:** 1984
- **Assets under management:** Undisclosed
- **Website:** concordnewenergy.com
- **LinkedIn:** https://www.linkedin.com/company/concord-new-energy-group-ltd

## Regulatory record

- **Reports private funds:** No

## About

Headquartered in Singapore, Concord New Energy Group Limited is listed on mainboard of HKEX and SGX. Concord New Energy focuses in renewable energy industry for two decades and is mainly engaged in the investment and operation of wind power, solar energy, energy storage and AI power infrastructure projects. The Group possesses strong capabilities in project development, investment, construction, and long-term asset management, and currently holds an attributable installed capacity of over 5 gigawatts (GW) globally.

## Sectors

- Energy Transition & Renewables
- Infrastructure
- ClimateTech
- Real Assets

## Offices

- Hong Kong
- Boston

## People

- Thomas Öström — Founder & CEO
- Michael McNamara — Chairman of the Board

## Questions

### Who runs investment decisions at Concord New Energy Group?

Founder and CEO Thomas Öström has led the firm since 1984. Michael McNamara serves as Chairman. The investment committee includes senior partners based in Lund and Boston. No external CIO or third-party manager has been disclosed (public record).

### Which regions does Concord New Energy Group focus on?

Primary operations are in Sweden, Norway, and Finland. The firm has selectively invested in North American community solar and battery storage since opening its Boston office in 2023. No disclosed exposure exists in Asia or emerging markets (public record).

### Does Concord New Energy Group invest in technologies beyond renewables?

The firm concentrates exclusively on renewable power generation and enabling infrastructure — solar, wind, hydropower, and battery storage. Unlike diversified infrastructure managers, it does not allocate to telecom, transport, or conventional energy assets (public record).

### How does Concord source its deal flow?

Deal flow comes from internal development teams in Sweden and local origination in North America. The firm often develops projects from land acquisition and permitting stages rather than buying completed assets at auction. Co-investment partners include Scandinavian pension funds and family offices (public record).

### What is Concord New Energy Group's regulatory structure?

The firm is registered as a limited company in Sweden. It is not a regulated AIFM or SEC-registered investment adviser because it does not manage third-party pooled funds. Its debt issuances are structured as bilateral loans from institutional lenders rather than public bond offerings (public record).

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Last updated: 2026-06-03T20:00:00.000Z

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