Otovo OTOVO.OL

Otovo in briefOtovo’s mission is to bring Europeanhomeowners easy and affordable cleanenergy. Through our pan-Europeanmarketplace that connects consumers wantingto add batteries, heat pumps, EV chargers orsolar panels to their homes with local, reliableinstaller companies looking to fill their orderbooks with projects, we create an easy,trustworthy and affordable way to go solar.By entering their home address on the localOtovo website, customers obtain proposeddesign and price for their installation inreal-time, based on automatic and bindingoffers from Otovo's network of installers. This isoffered both through a direct payment andsubscription offering. An increasing share ofOtovo’s customers choose a subscription,where they enter into a 20-year customerrelationship with Otovo.Through its activities, Otovo contributes tomaking the European electricity grid bothgreener and more robust by providingconflict-free energy, replacing greenhouse gasemissions over the solar installation’s lifetime,expected to be 30 years or more.Founded in 2016, Otovo has rapidly scaled itsplatform across Europe and it is currentlyoperating in 13 countries: Austria, Belgium,France, Germany, Italy, the Netherlands,Norway, Poland, Portugal, Spain, Sweden,Switzerland and the UK.Otovo is headquartered in Oslo, with a sharedservice hub in Madrid and the Group has localoffices in all of its markets, with a team ofdedicated and experienced Otovistas whoobsess about our customers every day and areexcited about Otovo’s vision of leading Europeinto a clean, electrified future.