What is NTE Entreprise?
Founded in 1919, Nord-Trøndelag Elektrisitetsverk AS (NTE) is a Norway-based energy utility company owned by North Trøndelag County Council. NTE's core operations encompass the production, distribution, and sale of green and renewable energy. Additionally, the company provides electrical installation services and is actively involved in the development and sales of fiber optic networks for both residential and business customers. Headquartered in Steinkjer, Norway, NTE plays a crucial role in the region's energy infrastructure and digital connectivity.
How much funding has NTE Entreprise raised?
NTE Entreprise has raised a total of $42.6M across 1 funding round:
Debt
$42.6M
Debt (2017): $42.6M with participation from Nordic Investment Bank
Key Investors in NTE Entreprise
Nordic Investment Bank
Nordic Investment Bank, established in 1975, is an international financial institution providing a range of corporate loans, project and structured finance, sovereign loans, and guarantees. Based in Finland, it supports competitive market terms for its clients.
What's next for NTE Entreprise?
The recent major strategic investment signals a pivotal growth phase for NTE Entreprise. This influx of capital is likely to fuel expansion initiatives, potentially in renewable energy generation, grid modernization, or the further rollout of its fiber optic services. The company's established presence and diversified energy offerings position it for continued development and market leadership in the evolving energy landscape.
See full NTE Entreprise company page
