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Founded in 2019, Sesol is offering turnkey solar hardware and installation services, including solar panel systems, EV chargers and energy batteries.

Sesol is experiencing a rapid growth since its inception. The success is partly a result of its customer-oriented business model, having implemented a proactive salesforce strategy with a large team focusing on new customers, and a clear win-win offering where the customer can control their energy costs without emissions

Ownership: Minority (acquired in May 2022)

Investment rationale

Backed by an exploding market opportunity driven by the electrification mega trend, a move from fossil fuels and win-win customer considerations, Sesol has a strong growth trajectory with attractive margins and cash flow profile. The company has an ambition to also provide an attractive customer offering including software solutions and add-on services to keep customers in the ecosystem and create a more recurring revenue profile. The skilled management are building best-in-class operating model and structures – positioned to build a market leader

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