Global Infrastructure SherpaOtovo ASA
Otovo ASA is a leading European marketplace for residential solar panels and battery storage solutions. The company connects homeowners with local, qualified installers through its digital platform, aiming to simplify and accelerate the adoption of rooftop solar across its active markets.
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Solar Energy MarketplaceDeveloper
Strategic Overview
- Focus on expanding market share in existing European residential solar and battery storage markets through its digital platform.
- Leveraging technology to streamline the customer journey and installer operations.
- Strategic divestment of non-core assets (e.g., Brazil) to focus on European growth.
Deal History (1)
Deal Activity from Public Sources
Otovo divests its Brazilian operations to Solar Group
Otovo acquires German solar installer Intersolar
Otovo acquires Spanish solar installer EDEA
Otovo acquires Solarcentury's residential solar business in the UK
Investment Focus
Technologies
Solar1
Geography
US1
Key People
Andreas Thorsheim
CEO
Petter Ulset
CFO
Track Record
150
MW Total
4
Deals Completed
8
Years Active
Detailed Analysis
Technologies
Sectors
Geographies
Deal Stage