Alternus Energy Group Plc announced the appointment of Jon Masdal as an Independent non-Executive Director, with immediate effect. Masdal's appointment brings the board to a total of six members. Masdal is an Oslo-based portfolio manager with the Ludvig Lorentzen family office.

He has extensive capital markets experience in the energy sector having covered renewables and the broader energy sector as a sell side analyst at Norway's Investment bank, DNB Markets, for 10 years. During his time at DNB Masdal was a top-ranked analyst in the Nordic energy sector. Prior to joining DNB he worked as an auditor at EY in Oslo.

He graduated from the University of New Mexico in 2010 with a BBA in Finance and Accounting and resides in Oslo.