Svea Solar, the largest solar solution provider in Sweden and third biggest in Europe, has closed an investment made by Altor and certain existing shareholders.
Svea Solar is one of Europe’s fastest growing cleantech companies and the number one solar solution provider in Sweden. Starting in 2014, Svea Solar now has operations in five markets in Europe with over 700 employees. Svea Solar offers a powerful solution for sustainable living with solar panel systems, batteries, electric car chargers, fossil-free electricity contracts, and a platform enabling customers to produce, consume and sell their power. In addition, Svea Solar develops large-scale energy production.
The investment from Altor and certain existing shareholders will help realize Svea Solar’s goals of becoming the European market leader in the solar residential space and to cover 80 percent of Europe by 2026.