Eneas Energy Received NOK350M Majority Investment from Palamon Capital Partners

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Summary

Eneas Energy AS, a Lier, Norway-based provider of a range of services aimed at reducing energy costs for the SME sector as well as large corporate and public authorities, has received a NOK 350m investment from Palamon Capital Partners, a European mid-market private equity firm., a Lier, Norway-based provider of a range of services aimed at reducing energy costs for the SME sector as well as large corporate and public authorities, has received a NOK 350m investment from, a European mid-marketfirm.Palamom has acquired a majority stake in the company, which employs 350 staff in its operations based in Norway, Sweden and Germany and serves approximately 10,000 customers.The strategic support of Palamon will help Eneas broaden its reach both through developing a wider product range and expanding geographically.Mr Hakavik and his team will continue to lead the Eneas through its next phase of growth and remain significant shareholders.

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