Wolves Summit News

Solas Capital invests up to 30 million euros in scale-up energy projects

Written by WS Team | Mar 24, 2024 4:46:21 PM

PV system, power storage, electric charging station and the right software for energy managementmat home or in the company: neoom from Upper Austria has become one of the players in German-speaking countries that want to offer renewable energy supplies from a single source.

Now themscale-up around CEO and founder Walter Kreisel has raised up to 30 million euros with Solas
Capital in order to be able to finance future projects. In a first step, 20 million euros will be made
available, which can be increased to 30 million over time.


Solas Capital is a specialist investment advisory firm founded and led by energy efficiency
financing experts and based in Zurich, Munich and Dublin. Specifically, it is the Solas Sustainable
Energy Fund (SSEF), which is advised by Solas Capital and which in turn is supported by money
from the Munich Re Insurance Group, the European Investment Bank (EIB) and the LIFE program.

https://www.breakinglatest.news/technology/solas-capital-invests-up-to-30-million-euros-in-scale-up-energy-projects/#google_vignette

 

 

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