September 30, 2024

Secures green financing facility for energy storage solutions

PSW Power & Automation AS has secured a green financing facility of NOK 32 million to fund energy storage solutions with DNB according to Sustainable Product Framework (dnb.no)

The facility is planned to convert to a 5-year term loan upon delivery of the systems to end customers.

“Rolling out and financing energy storage systems is paramount to make the power grid more robust. Green financing emphasizes the sustainability of PSW Power & Automation’s business model,” says Eirik Sørensen, Managing Director of PSW Power & Automation.

For more information, please contact:

Pål Selvik, CEO, Scana ASA, +47 970 46 502

Eirik Sørensen, Managing Director, PSW Power & Automation, +47 936 78 233