Rainpower Overview

  • Year Founded
  • 1852

Year Founded

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 3

Rainpower General Information

Description

Provider of hydropower equipment and associated supplies based in Lillestrom, Norway. The company operates as an experienced project organization engaged in the development, designing, manufacturing and selling of equipment for hydropower electricity generation using its proprietary technologies. Its product and service portfolio ranges from turbines, governor systems, control systems and other equipment, maintenance services and rehabilitation, as well as technology for hydropower system design and upgrades.

Contact Information

Website
www.rainpower.no
Ownership Status
Acquired/Merged
Financing Status
Formerly PE-Backed
Corporate Office
  • Nordahl Brunsgate 10
  • 2004 Lillestrom
  • Norway
Primary Industry
Alternative Energy Equipment
Acquirer
Aker Horizons
Vertical(s)
CleanTech, TMT
Corporate Office
  • Nordahl Brunsgate 10
  • 2004 Lillestrom
  • Norway

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Rainpower Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Rainpower Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Rainpower Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
Rainpower Norge Lillestroem, Norway 2007

Rainpower FAQs

  • When was Rainpower founded?

    Rainpower was founded in 1852.

  • Where is Rainpower headquartered?

    Rainpower is headquartered in Lillestrom, Norway.

  • What industry is Rainpower in?

    Rainpower’s primary industry is Alternative Energy Equipment.

  • Is Rainpower a private or public company?

    Rainpower is a Private company.

  • What is the current valuation of Rainpower?

    The current valuation of Rainpower is .

  • What is Rainpower’s current revenue?

    The current revenue for Rainpower is .

  • Who are Rainpower’s investors?

    GE Aerospace, Kværner, and NLI Group have invested in Rainpower.

  • When was Rainpower acquired?

    Rainpower was acquired on 26-Mar-2021.

  • Who acquired Rainpower?

    Rainpower was acquired by Aker Horizons.

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