Investments
10Portfolio Exits
2Partners & Customers
2About Scatec Adventure AS
Scatec Solar is a global turn-key supplier of solar PV solutions, with headquarters in Oslo, Norway. It was established in 2007 by Dr. Alf Bjorseth, the founder of, among several other renewable energy initiatives, Renewable Energy Corporation, one of the world's largest integrated solar energy enterprises. In addition to having developed more than 25 MW of grid-connected solar parks in Europe, Scatec Solar is engaging in rural electrification in emerging markets, emphasized by the inauguration in January of Community Solar Power Plants (CSPPs) in two villages of Uttar Pradesh, India, providing renewable electricity to a total of 150 households as well as to local micro-industry. Scatec Solar has also recently started its North American operations.

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Scatec Adventure AS Investments
10 Investments
Scatec Adventure AS has made 10 investments. Their latest investment was in NorSun as part of their Unattributed VC on August 8, 2023.

Scatec Adventure AS Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
8/16/2023 | Unattributed VC | NorSun | $8.52M | No | 3 | |
6/14/2019 | Unattributed - II | NorSun | $26.83M | No | 2 | |
6/30/2011 | Series B | Sol Voltaics | $6.3M | Yes | ||
3/14/2011 | Series E | |||||
3/12/2009 | Unattributed |
Date | 8/16/2023 | 6/14/2019 | 6/30/2011 | 3/14/2011 | 3/12/2009 |
---|---|---|---|---|---|
Round | Unattributed VC | Unattributed - II | Series B | Series E | Unattributed |
Company | NorSun | NorSun | Sol Voltaics | ||
Amount | $8.52M | $26.83M | $6.3M | ||
New? | No | No | Yes | ||
Co-Investors | |||||
Sources | 3 | 2 |
Scatec Adventure AS Portfolio Exits
2 Portfolio Exits
Scatec Adventure AS has 2 portfolio exits. Their latest portfolio exit was Confluence Solar on August 24, 2011.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
8/24/2011 | Acquired | ||||
Date | 8/24/2011 | |
---|---|---|
Exit | Acquired | |
Companies | ||
Valuation | ||
Acquirer | ||
Sources |
Scatec Adventure AS Partners & Customers
2 Partners and customers
Scatec Adventure AS has 2 strategic partners and customers. Scatec Adventure AS recently partnered with Fertiglobe on October 10, 2021.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
10/14/2021 | Partner | United Arab Emirates | Established in 2019 and headquartered in Abu Dhabi , Fertiglobe is a 58/42 partnership between OCI N.V. and the Abu Dhabi National Oil Company . | 2 | |
3/7/2008 | Client |
Date | 10/14/2021 | 3/7/2008 |
---|---|---|
Type | Partner | Client |
Business Partner | ||
Country | United Arab Emirates | |
News Snippet | Established in 2019 and headquartered in Abu Dhabi , Fertiglobe is a 58/42 partnership between OCI N.V. and the Abu Dhabi National Oil Company . | |
Sources | 2 |
Scatec Adventure AS Team
2 Team Members
Scatec Adventure AS has 2 team members, including , .
Name | Work History | Title | Status |
---|---|---|---|
Alf Bjorseth | Founder | Current | |
Name | Alf Bjorseth | |
---|---|---|
Work History | ||
Title | Founder | |
Status | Current |