Background
Soltech is a leading player in Sweden in solar energy, charging and energy storage in combination with roof, façade and electrical engineering companies. The Group has now become significantly better equipped for the future as a result of the completion of the deal announced on July 4, 2025, which was announced earlier today, meaning that Soltech has become the owner of 100 percent of the solar energy company Sesol while Nordic Capital has become the owner of 30 percent of the shares and votes in Soltech.

Soltech and Nordic Capital believe that the market in the EU for solar energy and charging and energy storage solutions is expansive. The assessment is based on the financial profitability for customers and the new EU rules that will gradually come into force from 2026 and which set requirements for solar energy installations on properties.

The acquisition of Sesol is a strategic step in the consolidation of the solar energy industry and strengthens Soltech's market position in solar energy and energy storage, which has an obvious role in the energy system of the future as the cleanest and cheapest energy source. Soltech's broad expertise and business base together with Nordic Capital's industrial expertise create a strong platform to meet tomorrow's need for smart total solutions for all types of properties.

Soltech has a unique position with its twenty operating subsidiaries in Sweden, Spain, the Netherlands and Norway, which are experts in complete solutions in solar energy (solar panels, batteries and charging solutions for B2B & B2C) as well as roof, façade and electrical technology. Soltech's business breadth means that the Group is more stable than many competitors in a changing market.

Fully guaranteed Rights Issue of approximately SEK 335 million
In order to be able to exercise this position, a Rights Issue of approximately SEK 335 million is intended to be carried out, where the proceeds will be used to develop existing business areas, accelerate synergy effects and profitability-driving measures, refinancing of loans and debts and for any future acquisitions of new businesses with clear profitability.

Nordic Capital has undertaken to subscribe for its pro rata share of the Rights Issue corresponding to approximately SEK 100 million and has also provided an underwriting guarantee of an additional SEK 50 million. In addition, Soltech has, through Swedbank's aid, secured underwriting commitments for the remaining part of the issue amount in the Rights Issue. The planned Rights Issue is thus fully guaranteed through subscription and guarantee commitments.

Soltech's Board of Directors intends to shortly formally resolve on and publish the detailed terms and conditions of the Rights Issue and convene an Extraordinary General Meeting to approve the Rights Issue.

"Businesses in renewable energy sources, and not least solar energy, have had a challenging time on the world's stock exchanges in recent years. We are convinced that Soltech will be able to navigate towards a more stable market and become a stronger and more profitable company. With the addition of Sesol to our Group, we will have even greater business volumes and synergies in sales, warehousing and logistics and purchasing. This, together with the fact that we have Nordic Capital as our largest owner, means that we have enough volume, expertise, contacts and capital to become a profitable company of the future.", says Patrik Hahne, CEO of Soltech Energy.

Counsellor
Swedbank AB (publ) is acting as Sole Global Coordinator and Bookrunner and Snellman Advokatbyrå AB is acting as legal advisor in connection with the Rights Issue.