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Otovo to Collaborate with Energismart on Residential Solar Portfolio

MT Newswires·12/23/2025 04:29:00
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04:29 AM EST, 12/23/2025 (MT Newswires) -- Energy services company Otovo (OTOVO.OL) signed a deal to collaborate with Energismart Norge to service and maintain a portfolio of 5,000 residential solar installations. The portfolio was part of Solcellespesialisten, a Norwegian solar installation company that declared bankruptcy earlier in December. Energismart acquired a majority of Solcellespesialisten's assets, according to a Tuesday release. The deal is expected to close in December, allowing the impacted residential solar customers to transfer to Otovo Care.