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04.03.26 - 13:06
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Otovo Secures $16.6 Million Private Placement to Fund EnergyAid Acquisition and Accelerate Global Scale (Business Wire)
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HOUSTON--(BUSINESS WIRE)--Otovo (Euronext Oslo Børs: OTOVO), an AI-native energy service provider for residential and commercial customers, today announced the successful completion of a private placement raising approximately NOK 161 million (approximately $16.6 million) through the issuance of approximately 14.0 million new shares (the “Offer Shares”) at a subscription price of NOK 11.50 per Offer Share (the “Offer Price”). The financing included participation from new and existing investors, including Encompass Capital Advisors LLC (“Encompass”), acting for certain fund entities and managed accounts for which Encompass exercises investment discretion, Franklin Templeton, and Electron.
The net proceeds from the private placement will be used to fund Otovo's previously announced acquisition of all shares in EnergyAid Inc., a leading provider of residential solar service and repair solutions in California, Arizona, and Nevada. A portion of the proceeds may also be used to support major OEM p...
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02.03.26 - 19:18
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Otovo to acquire EnergyAid to Accelerate Multi-State Expansion (Business Wire)
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Otovo provider expands footprint across California, Arizona, and NevadaHOUSTON--(BUSINESS WIRE)--Otovo, a leading home energy service provider, today announces that it has entered into a letter of intent to acquire EnergyAid, a leading provider of exceptional residential solar service and repair solutions in California, Arizona, and Nevada.
The EnergyAid transaction will significantly expand Otovo's U.S. presence and strengthens its position as a global leader in residential and commercial solar service. Founded in 2012 and headquartered in Santa Ana, California, EnergyAid has built a specialized solar service business focused on diagnostics, repair, maintenance, and system upgrades. The company has completed service jobs for approximately 60,000 homes and has approximately 8,000 active customers. EnergyAid generated approximately $18.7 million in total revenue in 2025, up 20% from 2024, and recently launched a subscription service that has grown to approximately 2,800 members.
“This acquisition will r...
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04.02.26 - 13:06
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Otovo Acquires Freedom Power′s Commercial Service Portfolio to Enter Commercial Solar Market (Business Wire)
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Otovo to provide service to Freedom Power's full fleet of commercial customersAUSTIN, Texas--(BUSINESS WIRE)--Otovo, a leading home energy service provider, today announced it has entered into an agreement with Freedom Power to acquire the rights to service the limited warranties of its commercial solar portfolio, which consists of more than 400 commercial systems, representing approximately 70 MW of capacity. The acquisition marks Otovo's strategic entry into the commercial solar and storage market.
Additionally, Otovo will have the opportunity to provide repair and maintenance services to Freedom Power's commercial portfolio and its residential customers in Colorado.
Freedom Power is a commercial and residential power solutions company that provides heating and cooling, battery backup, solar power, and generator solutions for homes in the states of Texas and Florida, and businesses around the country.
“Otovo is expanding into the commercial solar repair industry as we continue to grow our footprint...
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03.02.26 - 20:09
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XFRA: Deletion of Instruments from Boerse Frankfurt - 03.02.2026 (XETRA)
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The following instruments on Boerse Frankfurt do have their last trading day on 03.02.2026
Die folgenden Instrumente in Boerse Frankfurt haben ihren letzten Handelstag am 03.02.2026
ISIN Name
AU0000234676 ENRG ELEMENTS LTD.
CA04315L1058 ARTIS REAL EST.INV.TR.UTS
CA23003L1022 CULLINAN METALS CORP.
CA62849F4087 MYDECINE INNOVAT.GRP NEW
DK0061555109 AQUAPORIN A/S DK 1
NO0010809783 OTOVO ASA NK 0,01...
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03.02.26 - 16:42
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XFRA: ISIN Change (XETRA)
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Einstellung Aufnahme
ISIN Name Einstellung mit Ablauf: ISIN Name Ab dem: Anmerkungen
NO0010809783 Otovo ASA 03.02.2026 NO0013721613 Otovo ASA 04.02.2026 Tausch 10:1
CA62849F4087 Noveris Health Sciences Inc. 03.02.2026 CA66990B1085 Noveris Health Sciences Inc. 04.02.2026 Tausch 1:1
AU0000234676 Barys Resources Ltd. 03.02.2026 AU0000453185 Barys Resources Ltd. 04.02.2026 Tausch 1:1
CA23003L1022 Cullinan Metals Corp. 03.02.2026 CA23003L2012 Cullinan Metals Corp. 04.02.2026 Tausch 10:1
CA7759041055 Romios Gold Resources Inc. 30.01.2026 CA68616A1003 Romios Gold Resources Inc. 02.02.2026 Tausch 10:1
GB00B24CGK77 Reckitt Benckiser Group PLC 30.01.2026 GB00BSZBP530 Reckitt Benckiser Group PLC 02.02.2026 Tausch 25:24...
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03.02.26 - 08:33
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XFRA: 89K: Aussetzung/Suspension (XETRA)
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DAS/ DIE FOLGENDE(N) INSTRUMENT(E) IST/ SIND AB SOFORT AUSGESETZT:
THE FOLLOWING INSTRUMENT(S) IS/ ARE SUSPENDED WITH IMMEDIATE EFFECT:
INSTRUMENT NAME KUERZEL/SHORTCODE ISIN BIS/UNTIL
OTOVO ASA NK 0,01 89K NO0010809783 BAW/UFN...
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08.01.26 - 14:06
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Otovo Acquires Solar Service Professionals to Enter California (Business Wire)
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AI-native energy service provider to enter America's largest residential solar marketHOUSTON--(BUSINESS WIRE)--Otovo, a leading home energy service provider, today announced it has entered into a definitive agreement to acquire Solar Service Professionals Inc. (SSP), a leading solar service provider based in California. The acquisition of SSP, scheduled to close in early January, marks Otovo's strategic entry into America's largest residential solar + storage market, California.
Founded in 2017, SSP has built a specialized solar service business with a strong installed customer base of 38,000 customers since it was founded in 2017. SSP will be integrated into Otovo's growing service business, expanding its presence in the U.S. to California, through an established and popular service provider. Otovo will work to convert the existing California base of SSP customers to its subscription service, with the expectation that this initiative will be accretive to net income in 2026.
“This strategic acquisit...
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22.12.25 - 14:06
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Otovo Acquires Soly Customers and Assets as it Expands Across Europe (Business Wire)
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Otovo acquires 24,000 customers and other assets from Soly for an approximately €0.75 million cash considerationOSLO, Norway--(BUSINESS WIRE)--Otovo, a leading home energy service provider in the U.S. and Europe, today announced it has entered into a definitive agreement to acquire select assets of Soly Holding B.V. (Soly), a Netherlands-based residential solar company with operations across the Netherlands, Belgium, Germany, Austria, Italy, and the UK. Soly filed for insolvency in November 2025.
The transaction includes the acquisition of Soly's installed customer portfolio of approximately 24,000 residential solar customers, associated customer data, intellectual property, domains, and service vehicles, as well as a pipeline of signed but not yet installed solar projects. No liabilities, warranties, or historical service obligations are assumed by Otovo.
The acquisition will expand Otovo's existing global customer base by approximately 24,000, which, before the transaction, served 45,000 customers a...
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05.12.25 - 14:03
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Otovo Completes European Merger to Create First Global Home Energy Service Provider (Business Wire)
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Successful $5 million Private Placement to fund growth and investment in new AI-driven platform for “rapid-response” energy service
Solar industry pioneer John Berger named CEO of newly combined company, targets growing to 250,000 customers in three years
HOUSTON--(BUSINESS WIRE)--Otovo USA, a leading home and business energy service provider, today announced it has completed a merger with Otovo ASA, a European leader in residential power, to form a global home and business services company with an AI-driven service platform. The newly combined company, Otovo, has a footprint that extends across Europe and parts of the United States with a home and business energy offering that unites retail power, repair service, and grid trading.
Shares of Otovo will continue to trade on the Euronext Oslo Stock Exchange (OSL) in the local currency, Norwegian Krone (NOK), under the ticker symbol “OTOVO.” The Company expects to pursue a dual listing on a U.S. exchange in the near future.
As part of the transaction...
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24.11.25 - 09:18
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„Immer mehr Hausbesitzer wünschen langfristige Betreuung“ (PV Magazine)
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Viele Photovoltaik-Installateure sträuben sich dagegen, Service und Wartung für eine nicht von ihnen selbst installierte Anlage zu übernehmen. Otovo sieht genau hierin für sich und seine Partnerbetriebe ein Geschäftsmodell. Chief Product Officer Andreas Thorsheim erklärt, warum....
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10.11.25 - 16:36
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Otovo fusioniert mit sich selbst (PV Magazine)
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Das Unternehmen schließt sich mit Onvis zusammen, der bereits zuvor als Otovo USA auftretenden Neugründung von Ex-Sunnova-Chef John Berger. Dieser wird neuer CEO, Otovo-Gründer Andreas Thorsheim wird Chief Product Officer....
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18.08.25 - 14:30
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Otovo bietet Betreuung ehemaliger Zolar-Kund:innen mit Otovo Care an (SolarServer)
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Die Zolar GmbH und die Otovo GmbH bieten den ehemaligen B2C-Kunden von Zolar ein Angebot zur Betreuung ihrer PV-Anlagen an: Das Berliner Solarunternehmen Otovo will nun Haushalten mit Photovoltaikanlage von Zolar einen vereinfachten Einstieg in das Servicepaket Otovo Care ermöglichen. Foto: Yingyaipumi / stock.adobe.com...
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17.06.25 - 17:01
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Arval holt Otovo für heimisches Laden mit Solarenergie ins Boot (Electrive)
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Der Leasing-Anbieter Arval und der Photovoltaik-Spezialist Otovo legen ein Programm für Arval-Kunden auf, um beim heimischen E-Auto-Laden die direkte Nutzung von selbst erzeugtem Solarstrom zu vereinfachen. Dazu haben beide Seiten nun eine Partnerschaft für Deutschland vereinbart....
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