Growth Capital • Renewable Energy

Tesi Invests In Solnet Green Energy

On July 4, 2022, sovereign wealth fund Tesi invested in renewable energy company Solnet Green Energy

Investment Context
  • This is Tesi’s 1st transaction in the Renewable Energy sector.
  • This is Tesi’s 1st transaction in the Netherlands.

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Investment Summary

Date July 4, 2022
Target Solnet Green Energy
Sector Renewable Energy
Investor(s) Tesi
Deal Type Growth Capital

Target Company

Solnet Green Energy

Diemen, Netherlands
Solnet Green Energy is a provider of smart solar energy installations and support services for business and industrial use. The smartness of Solnet’s installations comprises sensors, protective layers and automatics as well as optimisation, management and surveillance features provided as cloud services. Solnet Green Energy is based in Diemen, Netherlands.
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Investor Overview 1

Investor

Tesi

Investor Investor Investor Investor Investor


Category Sovereign Wealth Fund
Founded 1995
PE ASSETS 2.4B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Tesi is a Finnish venture capital and private equity firm specializing in fund and direct investments. Tesi specifically targets minority investments in early, growth stage, and established businesses. Areas of interest include industrial, mining, software, business and consumer services, healthcare, life science, cleantech, and marine. Tesi was established in 1995 and it is based in Helsinki.


Deal Context for Investor #
Overall 73 of 75
Sector: Renewable Energy 1 of 1
Type: Growth Capital 25 of 26
Country: Netherlands 1 of 1
Year: 2022 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-16 Picosun

Espoo, Finland

Picosun is a provider of advanced ALD (Atomic Layer Deposition) thin-film coating technology for global industries and R&D. The company's production-proven ALD solutions enable high-performance IC components, smart sensors, and MEMS devices, brightest LEDs, powder materials functionalization for e.g. medical substances and catalyst manufacturing, and protective, anti-tarnish, barrier, and biocompatible coatings for minting, watchmaking, jewelry, and medical equipment industries. Picosun was formed in 2004 and is based in Espoo, Finland.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-19 MariaDB

Redwood City, California, United States

MariaDB is a provider of database solutions. The Company's products include the MySQL and MariaDB databases in the enterprise and cloud. MariaDB is based in Redwood City, California.

Sell -