GEG Management Team
The GEG team consists of the company’s employees, as well as a number of advisors and partners.
Chief Executive Officer
Sigthor has over 18 years of relevant and unique experience in the financial markets, including 10 years as the CEO of financial companies in Iceland and the head of equity and alternative investments teams. He has extensive experience in creating and managing equity and private equity funds and has been a board member for companies associated with those funds.
Sigthor has a MSc. in Finance from the University of Iceland, with his graduate project focusing on financing an energy link between Iceland to the UK, and an MBA from EADA Barcelona where he majored in Energy and Structured Finance.
Overall, he has created, fundraised, and managed over 20 funds in the last 15 years, including asset classes like Icelandic equity, Scandinavian equity, fixed income, mezzanine, private equity funds, tourism, real estate development, real estate, energy, venture capital, and international private equity fund of funds among others. Sigthor also managed various transactions in debt and equity for over 500 million USD. Today, as CEO of GEG, he is actively involved in various geothermal projects globally.
Chief Technology Officer
Snorri has over 15 years of experience in engineering work related to geothermal power plants. He began his engineering career in 2007 at Iceland’s largest engineering firm, Mannvit, and has remained dedicated to geothermal energy ever since.
He studied Mechanical and Energy Engineering at Reykjavik University, and has a background in Marine Engineering. Snorri joined Green Energy Geothermal International ltd. (a part of GEG since 2020) in 2012, and ever since has been a vital part of the development of GEG ehf.’s geothermal power plant solution.
Dr. Vijay Chauhan
Chief Research Officer
Dr. Chauhan has a Doctoral degree in mechanical engineering from Reykjavik University. His PhD research work was focused on developing techniques for superheated steam scrubbing and utilization for power generation, in relation to the Iceland Deep Drilling Project (IDDP).
His research interests include thermo-economic optimization of geothermal power plants and mitigation technology development for the treatment of geothermal fluid with acid gas and solid impurities. He also has experience in design and installation for the direct usage of geothermal resources and ground source heat pumps for space heating.
He is also actively involved in teaching and academic research at Reykjavik University, with the objective of narrowing the gap between industry and academia. He has made contributions in terms of publications in various international journals and conferences related to the field of geothermal energy research.
Director - Marketing & Sustainability Development
Kendall has a Master’s degree in Sustainable Energy from the Iceland School of Energy at Reykjavik University. She has over 3 years of professional experience in the fields of sustainability, the environment, and clean energy — as well as a Bachelor’s degree in Ecosystems Science and Policy. Kendall has worked for various environmental, energy-focused companies and organizations in the past, including the US Department of Energy.
Her MSc. project was focused on investigating the feasibility of renewable energy systems in the Arctic to reduce the use of fossil fuels, in order to address the localized effects of rising greenhouse gases and to make the Arctic region more resistive to climate change.
Kendall also has over 7 years of professional and academic experience in policy, website content creation and editing, project coordination and scheduling, and writing.
Jón Örn Jónsson
Jón Örn is currently the Project Manager at Varmaorka where he oversees the geothermal power plants, from site preparation to the final installation and commissioning of the selected power modules. Previously the Project Manager at Össur in Iceland, he focused on geothermal development projects in East Africa and Asia. In his work with Reykavik Geothermal between 2010 and 2020, Jón Örn successfully managed the application, funding, budgeting, and project management of various projects.
Jón Örn was responsible for the successful delivery of Reykavik Geothermal’s Geothermal Risk Mitigation Facility (GRMF), Corbetti grant application that resulted in the 7.9 MUSD grant agreement signed in May 2014, the 1.3 MUSD grant signed in November 2015, and the 1.4 MUSD grant signed in April 2018. Jón Örn is also responsible for the successful application, negotiation and project management of RG’s EUR 3 million contract for the Regional Geothermal Exploration in Rwanda, Burundi, and Congo funded by EU for the benefit of CEPEGL.
Jón Örn is knowledgeable in energy finance and has a M.Sc. degree in Sustainable Energy and Business from the Reykjavik Energy Graduate School of Sustainable Systems. He also holds a Master´s in Project Management from the University of Iceland, and a B.Sc. in Hotel Management from the University of Stavanger, Norway. Before joining Reykavik Geothermal, Jon Orn held an advisory position within retail banking at Islandsbanki.
Atli Björn Þorbjörnsson
GEG Legal Counsel
Atli is a founding partner at AX Legal Services in Iceland, and has over 15 years of legal experience. He is skilled in corporate law, corporate finance, renewable energy law, legal advice, mergers & acquisitions, litigation, cross-border transactions, private equity, business strategy, legal research, commercial litigation, and international M&A.
Atli holds a degree in Corporate and Commercial Law from the University of Bristol, and graduated with his Bachelor’s from the University of Iceland in Reykjavik.