Taaleri as an investment

Here is Kasper’s take on this latest news. :slight_smile:

Taaleri announced on Tuesday that it is investing 30 MEUR in the biorefinery Fintoil, together with the Norwegian private equity firm HitecVision. The total amount of the funding round is approximately 105 MEUR. We had been expecting a larger transaction from Taaleri this year, and an additional investment in Fintoil was one of the most potential targets. We view the entry of an energy-sector-focused private equity firm as a positive signal, and in addition, the arrangement clarifies Taaleri’s capital allocation. Ultimately, Fintoil’s future operational development will largely determine the success of the investment, so the arrangement has no material immediate impact on our forecasts or our view of the company.

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