What is Ellevio?
Founded in 2015 and headquartered in Stockholm, Sweden, Ellevio operates as a critical utility provider specializing in the distribution and repair of electrical infrastructure. The company serves as a vital link in the energy supply chain, ensuring that residential and commercial consumers receive consistent power delivery. Through its focus on grid modernization and infrastructure resilience, Ellevio has established itself as a key player in the Nordic energy market, prioritizing long-term sustainability and operational efficiency in its service delivery model.
How much funding has Ellevio raised?
Ellevio has raised a total of $263.1M across 1 funding round:
Debt
$263.1M
Debt (2017): $263.1M with participation from The European Investment Bank
Key Investors in Ellevio
The European Investment Bank
Established in 1958 and headquartered in Luxembourg, European Investment Bank (EIB) is the European Union's nonprofit long-term lending and finance institution.
What's next for Ellevio?
With the support of this major strategic investment, Ellevio is well-positioned to accelerate its capital expenditure programs aimed at grid hardening and digital transformation. As the energy sector faces increasing pressure to integrate renewable sources and enhance grid stability, the company's focus will likely shift toward advanced smart-grid technologies and the expansion of its distribution capacity. This financial backing provides the necessary liquidity to navigate the complexities of large-scale utility management, ensuring that Ellevio remains at the forefront of the transition toward a more resilient and efficient electrical infrastructure in Sweden.
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