AMWatch

Danish wealth manager invests in solar heating company

Artha, which invests on behalf of hundreds of wealthy families, has purchased shares in Heliac.

Photo: Heliac/Artha

Artha, an asset manager with over EUR 2bn (DKK 15bn) in AUM provided by over 600 wealthy families, has bought a 34 percent ownership share in solar-powered heating company Heliac.

The manager reveals that it paid EUR 11m (DKK 82 million) for the shares, and CEO Jan Severin Sølbæk thinks it will pay for itself 22-43 times.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

After two years of preparation: Robur launches dark green prestige fund

Sweden's largest fund manager is launching a climate impact fund with Swedbank's insurance unit as anchor investor. "We've had some great interest from larger investors and are in close contact with several potential investors that have expressed an interest," the new fund's portfolio manager tells AMWatch.

Further reading

Related articles

Trial banner

Latest news

Jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch