Sun4Energy acquires Atum Energi and raises SEK 5 million

22 March 2022

Sun4Energy has entered into an agreement to acquire 100 per cent of the shares in Atum Energi, a solar panel installer headquartered in Helsingborg.

In connection with the transaction, Sun4Energy raises SEK 5 million in a directed issue to a limited number of Swedish investors. The proceeds will be used to capitalise on the company’s strong order backlog, which after the acquisition of Atum Energi amounts to approximately SEK 60 million. Consequently, the issue enables the continued development of Sun4Enegy’s core operations within the sales and installment of solar panels and electric car chargers.

Augment acted as financial adviser to Sun4Energy in connection with the directed issue.

Read full press release about the acquisition (in Swedish).

Read full press release about the directed issue (in Swedish).