Carl-Erik Lagercrantz

Vargas Holding, Northvolt, H2 Green Steel, Polarium

Carl-Erik Lagercrantz is the CEO of Vargas, a Swedish Impact company builder on a mission to build impact companies by putting innovation, technology and capital to work. Vargas enables the transition to a green economy, one industry at a time. By pushing boundaries, they target hard-to-abate industries to accelerate decarbonisation. They have started with green batteries, energy storage, steel and hydrogen. Polarium, Northvolt and H2 Green Steel are proofs of concept for Vargas greenfield model for building companies from the ground up. Carl-Erik has over 20 years’ experience in the IT and telco segments with leading roles at, among others, Utfors, Telenor, and British Telecom Nordics. He also has a background as a successful entrepreneur. Carl-Erik is the chairman of Northvolt, Polarium, and vice-chairman of H2 Green Steel.