Oslo-based residential solar installation and battery marketplace Otovo has followed up its €120 million funding disclosure from a few weeks ago by revealing its stocks have been uplisted to the first tier of Oslo's stock exchange.
The uplisting, which followed Otovo's Euronext Growth Oslo listing in 2021, comes on the back of its platform reaching 13 European operating markets, having added six new territories last year.
Otovo was priced at €1.42 a share as of 4.40 CET, February 14, down by about 3.5% since trading opened.
The 2016-founded company has sold and completed 11,000 European solar energy projects. Powered by its proprietary platform, each project connects customers to the right solar tech and installation contractors based on their specific circumstances.