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  • Solar marketplace Otovo raises NOK 450 million

    Solar marketplace Otovo raises NOK 450 million

    Otovo, Europe’s leading marketplace for solar and battery storage successfully completed a capital raise of NOK 450 million (EUR 40m) on Thursday. The round was led by the existing investors Å Energy, Axel Johnson Group and Nysnø (The Norwegian Government Climate Investment Fund). The equity raise allows Otovo to ensure its path to profitability and to get the company to the number one position in