Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Solar firm Otovo secures EUR 10m in funding for expansion
November 1, 2018

Norwegian solar platform Otovo has secured an additional funding round led by Nysnø, The Norwegian Sovereign Wealth Fund Geared Toward Climate Investments, and the KLP pension fund. Existing shareholders, among them Agder Energy Ventures, Akershus Energy, and OBOS also participated in the round. Otovo is expected to have a market share of 50-60% in Norway and 10% in Sweden in the fourth quarter of 2018.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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