Residential Solar Installer Otovo Raises $41 Million
The net proceeds from the Private Placement will be used for growth capital to build up the Company's positions across Europe.
November 14, 2023
/ Solar
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Otovo, a Norway-based residential solar installer, raised NOK 450 million (~$41 million) capital raise led by existing investors Å Energi, Axel Johnson Group and Nysnø (The Norwegian Government Climate Investment Fund).
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Sohini Aich
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