About SNPower
SNPower is a Financial Services company based in Oslo (Norway) founded in 2002, and was acquired by TotalEnergies in July 2024. Hydropower plants in emerging markets are developed and managed. 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. Its focus areas include Investment Industry, Infrastructure Funds and Funds.
Company details
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.
- Headquarters Oslo, Norway
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website snpower.com
- Social LinkedIn
- Acquired by Scatec Solar (Oct 2020)
- Annual Revenue$442.36 M (USD)38as on Dec 31, 2021
- EBITDA-$62.81 M (USD)70as on Dec 31, 2021
- InvestorsTotalEnergies
& 2 more
- Investments & Acquisitions
- Acquired by
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.
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.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
It invests in developing countries to create jobs and improve lives | 1998 | norfund.no | Oslo, Norway | |
TotalEnergies is engaged in producing and marketing multi-energy solutions. | 1924 | totalenergies.com | Paris, France | |
Independent solar energy production is conducted globally by the firm. | 2007 | scatecsolar.com | Oslo, Norway |
Investor details for SNPower
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Investments & Acquisitions by SNPower
SNPower has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Bujagali Energy.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Developer of hydro power plants | bujagali-energy.com | Kampala, Uganda | 2004 | Jul 2018 | $227M |
Complete acquisition details for SNPower
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Timeline of SNPower
5 dated milestones of SNPower across 22 years, from founding to its latest funding, stage changes and deals.
- Founded SNPower is founded.
- Exit Acquired by Norfund.
- Acquisition Acquires Bujagali Energy.
- Exit Acquired by Scatec Solar.
- Exit Acquired by TotalEnergies.
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Related news about Snpower
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Frequently Asked Questions about SNPower
SNPower was founded in 2002.
SNPower is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
Annual revenue of SNPower is $442.36M as on Dec 31, 2021.
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.
SNPower offers Solar Power Plants, Wind Power Plants, Hydro Power Plants, and Energy Storage Solutions.
SNPower has made 1 acquisition, including Bujagali Energy.
SNPower has 3 investors. Key investors include TotalEnergies, Scatec Solar, and Norfund.
Yes. SNPower was acquired by Scatec Solar in October 2020.