NettoPower
Founded in 2012, NettoPower is a Danish electricity company dedicated to redefining the industry norms. With a mission to provide customers with unparalleled value, NettoPower strives to beat the market by offering cheaper and more transparent pricing than traditional players. The goal is to make it easier and more enjoyable to be a utility customer in Denmark.
The energy market in Denmark still bears the mark of slow development, stagnation, and a general lack of knowledge among the population. We aim to change all that.
Therefore, NettoPower seeks to promote simplicity, transparency, and lower electricity prices, encouraging more Danes to actively make conscious and informed choices about their electricity provider.
At the heart of the operations are the self-developed intelligent IT systems, meticulously designed to streamline the purchasing and selling of electricity. By leveraging cutting-edge technology, we can offer the best possible variable prices to our customers in the Danish market.
In March 2022, our portfolio company Velkommen A/S acquired NettoPower. Despite this acquisition, NettoPower remains an independent subsidiary with its own distinct identity, allowing for the company to maintain its focus on delivering exceptional service and value to our customers.
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About the investment
Acquired by Velkommen A/S in March 2022. Exited in October 2024.