Aneo Renewables Holding AS

Overview

Aneo Renewables Holding AS is a Norwegian investment company specializing in renewable energy projects, particularly in the biogas sector. The company was established in 2022 as a joint venture between TrønderEnergi, a Norwegian municipal utility, and HitecVision, an energy-focused investment fund. Headquartered in Trondheim, Aneo has approximately 300 employees and operates across the Nordic region. Aneo's investment strategy focuses on developing, owning, and operating renewable energy assets, including wind and hydropower projects. The company owns and operates nine wind farms in central Norway, along with assets in Sweden and Finland, making it Norway's second-largest onshore wind operator. Aneo also holds a significant stake in TrønderEnergi's hydropower portfolio and engages in various downstream electrification activities, such as electric vehicle charging and energy management services for the retail industry. In December 2023, Aneo, HitecVision, and St1 Sverige AB announced their intention to consolidate their holdings in Biokraft International AB into a newly formed company, 1Vision Biogas AB. This consolidation aims to strengthen their position in the biogas sector and trigger a mandatory bid obligation. The transaction is subject to regulatory approvals and is expected to be completed in the first quarter of 2026. In January 2026, Aneo further expanded its presence in Sweden by acquiring RWE's Swedish wind power portfolio, comprising 124 MW of onshore wind across 11 wind farms and 48 MW of nearshore wind power. This acquisition enhances Aneo's position as a leading Nordic renewable energy company and complements its previous acquisition of Swedish Arise AB. Aneo's investment philosophy emphasizes sustainable development and long-term value creation. The company is committed to advancing energy projects that meet rising energy demand, create jobs, and invest in communities, thereby contributing to the green transition in the Nordic region.

Portfolio Companies