Skip to content

Categories: corporate news

Swiss Life Asset Managers to acquire Otovo ASA’s leading solar portfolio in Norway and Sweden

Swiss Life Asset Managers to acquire Otovo ASA’s leading solar portfolio in Norway and Sweden

Swiss Life Asset Management Ltd (“Swiss Life Asset Managers”) has agreed, on behalf of one of its managed collective investment schemes, to acquire a portfolio of decentralized solar PV leasing subscriptions (“the portfolio”) in Norway and Sweden. Under the capex NOK 600 million / EUR 52.5 million transaction Swiss Life Asset Managers will buy 100 percent of the shares in the owner Otovo ASA group

European solar platform Otovo forecasts: Solar prices are coming down again this spring and summer

European solar platform Otovo forecasts: Solar prices are coming down again this spring and summer

Otovo, Europe's leading marketplace for residential solar and battery installations, today published its financial results for the first quarter of 2023. The report included data on solar installation costs and shows that both the cost of panels and labour are coming down in 2023 and could hit multi-year lows this summer.
After a challenging 2022, with the Ukraine-Russia war and its energy cris

Solar made easy

Otovo is a marketplace for distributed energy installation, building the European number one in residential solar.

Otovo

Torggata 7
0181 Oslo
Norway