Aneo
Venture Round in 2022
Aneo is an independent energy transition group based in Trondheim, Norway, focused on renewable energy development. Established in 2022, the company operates the second-largest onshore wind farm in Norway and manages a significant portfolio of hydropower facilities. Aneo is involved in several downstream electrification projects, contributing to an overall electricity production capacity of approximately 1.3 TWh, while overseeing a total of 6 TWh. With a workforce of over 260 employees, Aneo aims to become a leader in Nordic onshore renewable energy by 2030. The company is dedicated to acquiring and developing energy production and efficiency initiatives, positioning itself as a key player in the transition to sustainable energy solutions.
Hafslund Celsio
Venture Round in 2022
Hafslund Celsio, based in Oslo, is the largest district heating company in Norway, employing approximately 200 people. The company provides heating solutions to over 200,000 residents, focusing on renewable thermal energy production and effective heating and cooling operations. Hafslund Celsio is committed to supporting Norway's climate goals by reducing greenhouse gas emissions. A key initiative in this effort is the carbon capture project at the Klemetsrud waste incineration facility, which has the capacity to capture 400,000 tonnes of CO2 annually. Through its operations, Hafslund Celsio aims to significantly contribute to the decarbonization of Oslo and enhance the sustainability of energy services in the region.
Hav Energy
Venture Round in 2019
Hav Energy is a Norway-based energy infrastructure company that focuses on developing and investing in sustainable energy solutions. Established by HitecVision, Hav Energy aims to become a preferred partner for European energy and utility companies by creating essential infrastructure, including regulated pipelines, ports, production facilities, power infrastructure, and carbon capture and storage systems. The company utilizes its extensive knowledge of laws, operations, and assets to design customized financial structures that enhance cash flow and project economics for its clients. By offering industrial and financial exposure to sustainable energy infrastructure services, Hav Energy seeks to establish itself as a leader in the energy transformation landscape.
Vår Energi
Venture Round in 2016
Vår Energi is a next generation oil and gas operator on the NCS.
Vår Energi's core business is to maximize value through safe and responsible exploration, development and production of hydrocarbons.
Vår Energi was established in 2018 in Rogaland, Norway.
Kvaerner is an international company based in Oslo, Norway, specializing in engineering, procurement, and construction (EPC) services for the oil and gas industry. With decades of experience, Kvaerner is recognized as a leader in delivering complete offshore platforms and onshore process plants, particularly in challenging environments with strict budgets and timelines. The company emphasizes health, safety, security, and environmental considerations in all its operations, while also prioritizing cost control and efficiency to ensure predictable project delivery. Kvaerner's workforce consists of around 2,800 skilled employees, supported by strategic partnerships with subcontractors and suppliers. The company has a rich history, having evolved from businesses established during the Industrial Revolution, and underwent significant transformations, including a merger with Aker Maritime in 2002 and a subsequent demerger in 2010, which solidified its position as a specialized EPC contractor in the global market. Through its projects, Kvaerner aims to add value to its clients and contribute positively to local communities.
DeepWell
Private Equity Round in 2014
DeepWell is a well intervention company based outside Haugesund, Norway, specializing in wireline services for the oil industry. The company focuses on providing real-time information to enhance safety and efficiency during well operations. Its service offerings include mechanical wireline, equipment rental, testing and training, as well as maintenance and engineering solutions. By enabling oil companies to increase productivity and reduce operational costs, DeepWell plays a crucial role in optimizing well performance.
Agility
Acquisition in 2009
Agility is a manufacturer of subsea manifolds and structures for offshore applications. The company serves the offshore market by offering drilling and well intervention units, marine vessels, fabrication services and maintenance and modification services. The group includes Agility Group, a full-service engineering, procurement and construction company with 13 locations in Norway.
Stream AS
Private Equity Round in 2009
Stream AS, together with its subsidiaries, supplies various products, solutions, and services in the field of valves, piping, electrical, and instrumentation for the oil and gas industries in Norway and Germany. The company supplies pneumatic and hydraulic systems, control units, valves, tube and pipe fittings, pipes, flanges, courses, mechanical connections, and spring suspension products; and provides instrumentation and monitoring, repair and maintenance, injection and sampling, and inspection services. It also offers materials, instruments, and equipment for chemical, petrochemical, pharmaceutical, and power industry. The company is headquartered in Tananger, Norway. Stream AS operates as a subsidiary of Bokn Invest AS.
Spring Energy Norway
Private Equity Round in 2008
Spring Energy Norway is explores, extracts, develops, and produces oil and gas products in Norway.
Teknisk Bureau
Acquisition in 2007
Teknisk Bureau is a technical turnkey contractor and service provider based in Norway, specializing in a range of engineering and technical services. The company operates within various sectors, including construction, industrial, energy, and maritime, offering expertise in pipes, ventilation, telecom, automation, and electrical systems. Teknisk Bureau undertakes both individual assignments and larger framework agreements, providing solutions that encompass the inspection, start-up, maintenance, and internal control of electrical installations and facilities. By prioritizing customer satisfaction, the company ensures that its products and services consistently meet established requirements and are delivered on time and within budget.
Leirvik
Acquisition in 2007
Leirvik is an engineering, procurement, and construction contractor specializing in providing aluminium offshore living quarters to oil companies. Founded in 1946 and based in Stord, Norway, the company delivers EPC products based on a standardized project execution model, incorporating client specifications and regional regulations. Leirvik focuses on designing, manufacturing, and maintaining living quarters, helidecks, and accessories with a short lead time and predictable quality and cost, aiming to create lasting value for both customers and society.