Obton

Obton is the 9th largest solar PV developer/investor in Europe and the largest residential real estate developer in Denmark

Investment Thesis

• Solar PV market fuelled by true megatrend expected to sustain double digit growth rates through decades
• Obton is one of the largest solar developer in a highly fragmented market, positioned in the most attractive part of the value chain
• Strong and inclusive performance culture with exceptionally satisfied employees

Main Transformation Initiatives

• Develop investor model through expanding number of capital raising sources, incl. private banking, institutions and develop & sell model
• Scale solar PV business and build organisation to prepare for the Solar market transition towards a merchant market
• Separate solar PV  and real estate into two stand-alone businesses, with  separate strategy and management teams