Dovre Group completes acquisition of 100% of Renetec Oy to strengthen its renewable energy project portfolio
Acquiring Company
Dovre Group
Acquired Company
Renetec Oy
HelsinkiEnergyRenewable EnergySolarEnergyRenewable EnergySolarDescription
Dovre Group has successfully completed the acquisition of 100% of Renetec Oy, integrating its expertise in solar park projects and the development of Battery Energy Storage System (BESS) projects. This move aligns with Dovre Group's strategy to enhance its position in the renewable energy sector and expand its portfolio.
Quick answer
Dovre Group is acquiring Renetec Oy, announced January 22, 2025.
- How much did Dovre Group pay for Renetec Oy?
- The deal value was not disclosed.
- What does Dovre Group do?
- Dovre Group is a provider of renewable energy project development and construction projects in wind, solar, battery energy storage systems, and heat pump facilities in the Nordic countries through Group companies Suvic..
- Where are Dovre Group and Renetec Oy based?
- Renetec Oy is based in Helsinki, Uusimaa, Finland.
- Who are the decision-makers at Dovre Group?
- Fundz holds 1 contact at Dovre Group. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Renetec Oy?
Renetec Oy was acquired by Dovre Group. The deal was reported on January 22, 2025. Dovre Group is privately held and operates in Energy.
When did Dovre Group acquire Renetec Oy?
Dovre Group's acquisition of Renetec Oy was reported on January 22, 2025. Dovre Group has successfully completed the acquisition of 100% of Renetec Oy, integrating its expertise in solar park projects and the development of Battery Energy Storage System (BESS) projects. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Renetec Oy do?
Renetec is an independent developer of industrial-scale solar energy capacity. We are committed to becoming a leading professional solar energy development company, aiming to create and manage substantial new solar energy production capacity in Europe. It is privately held, operating in Energy, and is based in Helsinki.
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