Announced
Completed
Financials
Sources
Tags
Domestic
Production Technology Equipment
Single Bidder
Minority
Completed
Acquisition
energy storage
Sweden
Friendly
Private
Synopsis
AMF, a pension company, completed a $100m investment in Polarium, an energy storage solutions provider. “We have been on a rapid growth journey from day one. Helping the telecom sector to reduce their carbon footprint and increase their profitability by switching from diesel generators and lead acid batteries for reserve power to smart lithium-based solutions. With AMF as our partner, we are well positioned to accelerate our growth within reserve power, and springboard that expertise to capture more of the ever-growing market for energy optimization. Today is a huge milestone for Polarium. But remember, we are just getting started,” Stefan Jansson, Polarium CEO and Founder.
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