|
|
|
09.07.26 - 14:36
|
Otovo Closes $7.25 Million Financing Round to Accelerate Global Growth (Business Wire)
|
|
|
Fresh capital funds Otovo's recent acquisition and fuels the continued build-out of its technology-enabled energy services platform in Europe and the Middle EastOSLO, Norway--(BUSINESS WIRE)--Otovo ASA (Euronext Oslo Børs: OTOVO) today announced the closing of a $7.25 million private placement financing round in Norway, the latest milestone in the Company's rapid international expansion, bringing the total raised to approximately $34 million in nine months. The proceeds will fund Otovo's anticipated acquisition of Green Panel Solar Energy Systems Ltd. (“Green Panel”), Israel's dominant behind-the-meter energy service provider, accelerating Otovo's expansion of its operations in Europe and the Middle East.
Highlights
Otovo raised $7.25 million in gross proceeds through the financing round
Proceeds to fund the Company's anticipated acquisition of Green Panel
The round reflects continued investor confidence in Otovo's technology-enabled approach to distributed energy services and its track record...
|
|
|
|
|
|
|
|
|
|
|
|
|
02.07.26 - 21:30
|
Otovo Completes Acquisition of SunSystem Technology for $1.3 Million, Bringing Service Platform to Approximately 30% of The United States (Business Wire)
|
|
|
SST is the seventh acquisition Otovo has closed since its December 2025 merger, part of a disciplined program to build national scale in distributed energy servicesHOUSTON--(BUSINESS WIRE)--Otovo ASA (Euronext Oslo Børs: OTOVO) today announced the completion of its acquisition of SunSystem Technology, LLC ("SST"), a national provider of operations and maintenance (“O&M”) services for distributed generation assets. The closing follows the letter of intent announced in June 2026 and marks the seventh acquisition Otovo has completed since December 2025.
With the close, SST's 14-state operating footprint is now fully part of Otovo's national platform, giving the company true coast-to-coast coverage across the United States.
Highlights
The aggregate maximum earn-out is $1.3 million, comprised of a $200,000 cash closing payment, plus an additional earn-out based on net income from operations in the United States, payable through the end of 2028.
The earn-out consideration will be allocated betw...
|
|
|
|
|
01.07.26 - 16:30
|
Airbus-Aktie: BofA sieht Potenzial – jetzt noch einsteigen? (Sharedeals)
|
|
|
Die Bank of America hat zum Start des dritten Quartals ihre Favoritenliste für europäische Aktien aktualisiert. Analyst Eric Lopez nennt Airbus, Atlas Copco, Compass Group, Ferguson, Kingspan Group, Orsted und Relx als klare Kaufkandidaten. Auf der anderen Seite stehen BASF, Lanxess und Legrand, die Lopez als "Underperformer" einstuft. Airbus mit großen Erwartungen am 21. Juli […]
The post Airbus-Aktie: BofA sieht Potenzial – jetzt noch einsteigen? first appeared on sharedeals.de....
|
|
|
|
|
|
|
17.06.26 - 11:15
|
Absolicon liefert Solarthermie-Anlage für Heineken-Brauerei in Griechenland (SolarServer)
|
|
|
Der schwedische Solarthermie-Anbieter Absolicon Solar Collector AB hat einen Liefervertrag für eine industrielle Solarthermie-Anlage bei der Brauerei Athenian Brewery in Thessaloniki unterzeichnet. Das Projekt soll Solarwärme für die Bierproduktion bereitstellen und ist Teil eines internationalen Demonstrationsprogramms für industrielle Wärmeversorgung. Collage: Absolicon...
|
|
|
|
|
16.06.26 - 17:51
|
Otovo to Acquire Green Panel for $11 Million to Scale Global Energy Services Platform (Business Wire)
|
|
|
Strategic Acquisition of Israel's Dominant Behind-the-Meter Energy Service Provider Expands Otovo's Presence in Europe and the Middle EastOSLO, Norway--(BUSINESS WIRE)--Otovo ASA (Euronext Oslo Børs: OTOVO; “Otovo”), a leading global energy service provider for residential and commercial customers, today announced it has entered into a letter of intent (LOI) to acquire Green Panel Solar Energy Systems Ltd. (“Green Panel”) for $11 million to be settled partly in cash and in Otovo shares. Green Panel is Israel's dominant behind-the-meter energy service provider with expanding European operations.
Green Panel is expected to generate revenue and adj. EBIT of $12.8 million and $2.9 million, respectively, in 2026
At completion this acquisition will accelerate Otovo's expansion into the Middle East and further strengthens its position as a global leader
Synergies expected through integration of Green Panel's field operations onto the Endurance®™ AI platform, automating intake, dispatch, scheduli...
|
|
|
|
|
|
|
|
|
27.05.26 - 13:03
|
Otovo to Acquire SST – Seventh Acquisition Since December 2025 (Business Wire)
|
|
|
Strategic acquisition would expand Otovo's U.S. footprint with coast-to-coast operationsHOUSTON--(BUSINESS WIRE)--Otovo ASA (Euronext Oslo Børs: OTOVO) today announced it has signed a non-binding letter of intent to acquire SunSystem Technology, LLC ("SST"), a premier U.S. provider of operations and maintenance (“O&M”) services for distributed generation assets.
Highlights
Transaction expected to comprise of (a) $0.77m cash consideration at closing and (b) a three year earn-out up to $1.3m based upon net income targets, payable in cash and Otovo shares
SST had revenue of ~$14m in 2025, implying a maximum EV/Revenue multiple of 0.15x, assuming full earn-out
SST is a national leader in distributed generation O&M with over 10 years of operating history, serving residential portfolios, commercial system owners and asset managers across 14 U.S. states, directly complementing Otovo's existing U.S. operations
Synergies to be realized with SST's field operations being integrated onto the Enduran...
|
|
|
|
|
21.05.26 - 18:18
|
Unabhängig von Nvidia: KI-Geheimtipp schießt auf Rekordhoch (Der Aktionaer)
|
|
|
Der breite Markt schwächelt nach den US-Zinsdaten. Selbst KI-Branchenprimus Nvidia büßt trotz Rekordzahlen rund zwei Prozent ein. In diesem Umfeld verzeichnet ein anderer Branchenplayer zweistellige Kursgewinne: Der US-Energie-Spezialist Bloom Energy hat eine weitreichende Partnerschaft mit dem europäischen KI-Cloud-Anbieter Nebius, der seinen Hauptsitz in Amsterdam hat, unterzeichnet....
|
|
Börsentreff auf Facebook |
Börsentreff auf X |
Börsentreff auf Instagram
