FSN Capital, a Nordic-based private equity fund, completed the acquisition of a 45% stake in Obton Group, a specialised alternative investment provider developing, structuring, and managing solar photovoltaic projects. Financial terms were not disclosed. “At FSN, we have a strong belief that the green transition of the energy system towards renewable energy is one of the most interesting investment themes for the coming decades. As one of the largest and most experienced developers, managers and investors in solar PV in Europe, the Obton Group is very well-positioned in this rapidly growing industry. Obton is a unique and very well-run company, which in relatively few years has succeeded in becoming one of the 10 largest administrators of solar parks in Europe. We are incredibly proud that the founders and leaders at Obton have chosen FSN Capital as their partner for the growth journey ahead, and we look forward to working with Anders Marcus and his team," Lars Denkov, FSN Capital Partner.