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EAB Private Equity and Finnish Industry Investment completed a $16m investment in Solnet Green Energy.

Synopsis

EAB Private Equity, an investment firm, and Finnish Industry Investment, a state-owned venture capital and private equity company, completed a $16m investment in Solnet Green Energy, a Finnish solar energy company. “The market potential of solar energy is huge and growing fast. Solnet aims to become a leading provider of solar power solutions to corporations in Europe by 2024. We want to accelerate the development of an energy-independent Europe, and with additional capital, we can help more and more companies reach a carbon-neutral future. We are delighted that EAB Private Equity and Tesi want to be involved in this development,” Kaj Kangasmäki, Solnet Green Energy CEO.

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