In Sweden, DIF invests in Alight

In Sweden, DIF announced that it is acquiring a majority stake in the leading Nordic solar developer Alight.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

In Sweden, DIF announced that it is acquiring a majority stake in the leading Nordic solar developer Alight.

An important investment

In Sweden, DIF Capital Partners invests €150 million to obtain a majority stake in Alight. The Stockholm-based company is one of the leading developers of non-subsidized solar projects in the Nordic countries. In addition to the initial investment, the agreement also includes a secondary buyout of a number of existing shareholders.

The capital raised represents an opportunity for Alight to expand its portfolio of solar projects in the near term. For this, the company will develop and retain ownership of future projects. An acceleration would occur in the development of new solar projects by Alight.

Alight CEO Harald Overholm states:

“I am proud of Alight’s track record to date and this investment will accelerate our leadership in subsidy-free solar construction. Our delivery of solar as a service to major electricity users makes us a natural partner for businesses of all sizes and sectors. We are excited to work closely with DIF to advance the business transition to renewable energy; they share our vision for the industry and the urgency of our work to accelerate the energy transition. Business energy use accounts for up to 70% of global electricity consumption. So it’s crucial to move quickly and efficiently to renewable energy.”

To this, DIF’s head of investments, Gijs Voskuyl, adds that they will enable Alight to realize their growth ambitions. Thus, it is crucial for the company to ensure energy security and reduce CO2 emissions.

A major player

Founded nine years ago, Alight is now a major player in the deployment of commercial solar energy in the Nordic countries. In addition to Sweden, the company is also active throughout Europe. This is based on a no-subsidy approach to purchasing solar energy.

In the Nordic countries, including Sweden, the company has multiple projects under development representing 1GW. It plans to complete the majority of these within the next two years. Alight also has 170MW of projects under development in Europe.

Initially, the company aimed to build 1GW of solar installations by 2025. Now it aims to provide 5GW of solar assets through PPAs in Europe by 2030. PPPs are particularly attractive because they protect customers from price increases.

The European Commission is developing a scheme mandating a minimum share of EU-made low-carbon steel in public procurement, alongside a post-safeguard trade regime and targeted energy support to sustain the continental steel industry.
Sunsure Energy will supply Deepak Fertilisers with 19.36 MW of hybrid solar and wind power, delivering 55 mn units of electricity annually to its industrial facility in Raigad, Maharashtra.
IonQ will deploy a quantum computer and entanglement distribution network at the University of Chicago, strengthening its technological presence within the Chicago Quantum Exchange and accelerating its product roadmap.
Kuwait's IMCC and Egypt's Maridive have formalised a joint venture based in Abu Dhabi to expand integrated offshore marine operations regionally and internationally.
In New York, Chevron outlines its long-term vision following the Hess integration, focusing on financial stability, spending reduction, and record production to consolidate investor confidence.
Facing surging computing needs, US tech leaders are hitting an energy wall that slows down data centre construction and revives demand for gas and coal.
NextNRG's monthly revenue reached $7.39mn in October, more than doubling year-over-year, driven by the expansion of its technology platforms and energy services across the United States.
The Canadian group posted record Q3 EBITDA, sanctioned $3bn worth of projects, and confirmed its full-year financial outlook despite a drop in net income.
OMS Energy is accelerating investments in artificial intelligence and robotics to position itself in the growing pipeline inspection and maintenance sector, a strategic segment with higher margins than traditional equipment manufacturing.
Duke Energy is set to release its third-quarter results on November 7, with earnings forecasts pointing upward, supported by strong electricity demand, new rate structures and infrastructure investments.
Engie maintains its 2025 earnings guidance despite falling energy prices and weaker hydro output, relying on its performance plan and a stronger expected fourth quarter.
The funding round led by Trident Ridge and Pelion Ventures will allow Creekstone Energy to launch construction of its hybrid-generation site designed for AI-optimised data centres.
The US group reported a $877mn operating loss for fiscal year 2025, impacted by $3.7bn in charges related to project exits and restructuring.
SLB has unveiled Tela, an agentic artificial intelligence technology designed to automate upstream processes and enhance operational efficiency at scale.
Gibson Energy reported record volumes in Canada and the United States, supported by the commissioning of key infrastructure and a cost reduction strategy.
Norwegian provider TGS will mobilise its marine seismic resources for at least 18 months for Chevron under a three-year capacity agreement covering exploration and development projects.
Eversource Energy rebounded in the third quarter with a net profit of $367.5mn, driven by revenue increases in electric distribution and a sharp reduction in offshore wind-related losses.
Ameresco posted a 5% increase in quarterly revenue, supported by stronger project execution and sustained demand for energy infrastructure solutions.
US-based Primoris posted record quarterly revenue of $2.18bn, driven by strong momentum in its Energy and Utilities segments, and raised its earnings guidance for the full year 2025.
Energy group Constellation proposes a massive investment in electricity generation and storage, with a planned capacity of 5,800 megawatts to meet rising energy demand in Maryland.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.