About SNPower
SNPower is a company based in Oslo (Norway) founded in 2002 was acquired by TotalEnergies in July 2024.. SNPower has completed 1 acquisition, including Bujagali Energy. SNPower offers products and services including Solar Power Plants, Wind Power Plants, Hydro Power Plants, and Energy Storage Solutions.
- Headquarter Oslo, Norway
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
$442.36 M (USD)38as on Dec 31, 2021
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Net Profit
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EBITDA
$-62.81 M (USD)70as on Dec 31, 2021
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Latest Funding Round
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Investors
TotalEnergies
& 2 more
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Employee Count
Employee Count
- Investments & Acquisitions
- Acquired by
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Products & Services of SNPower
SNPower offers a comprehensive portfolio of products and services, including Solar Power Plants, Wind Power Plants, Hydro Power Plants, and Energy Storage Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Develops and operates large-scale solar installations for clean energy production.
Builds and manages onshore wind projects for sustainable power generation.
Owns and operates hydro facilities to deliver reliable energy solutions.
Provides storage systems for efficient renewable energy management.
Funding Insights of SNPower
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in SNPower
SNPower has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include TotalEnergies, Scatec Solar and Norfund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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It invests in developing countries to create jobs and improve lives
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Founded Year | Domain | Location | |
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TotalEnergies is engaged in producing and marketing multi-energy solutions.
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Founded Year | Domain | Location | |
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Independent solar energy production is conducted globally by the firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by SNPower
SNPower has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Bujagali Energy. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Developer of hydro power plants
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2004 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - SNPower
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Snpower Comparisons
Competitors of SNPower
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Snpower
Frequently Asked Questions about SNPower
When was SNPower founded?
SNPower was founded in 2002.
Where is SNPower located?
SNPower is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
What is the annual revenue of SNPower?
Annual revenue of SNPower is $442.36M as on Dec 31, 2021.
What does SNPower do?
SNPower was established in 2002 in Oslo, Norway, as an infrastructure fund manager. Investments are directed toward clean and renewable energy in emerging sectors. Hydropower plants are acquired, constructed, developed, and managed across various regions. Operations are centered on countries such as Uganda, Panama, Laos, the Philippines, and Zambia, with a focus on sustainable energy infrastructure.
What products or services does SNPower offer?
SNPower offers Solar Power Plants, Wind Power Plants, Hydro Power Plants, and Energy Storage Solutions.
How many acquisitions has SNPower made?
SNPower has made 1 acquisition, including Bujagali Energy.
Who are SNPower's investors?
SNPower has 3 investors. Key investors include TotalEnergies, Scatec Solar, and Norfund.
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