AMF invests SEK277 million in Exeger
Swedish pension company AMF has invested SEK277 million (US$29.3 million) in Exeger Sweden AB (Publ), a Swedish solar technology company. Exeger develops and produces novel printable solar cells for use in consumer electronics, smart homes, and other applications. The investment gives AMF a 6% ownership in the company and aims to diversify their portfolio and increase returns for their investors.
Swedish pension company AMF invests SEK 277 million (EUR 26.2 million) in Exeger Sweden AB (Publ), a Swedish solar technology company. Exeger develops and produces novel printable solar cells for use in consumer electronics, smart homes, and other applications. The investment gives AMF a 6% ownership in the company and aims to diversify their portfolio and increase returns for their investors.
Exeger has recently initiated a robotization project to enable fully automated production in its next factory. The team of nearly 100 employees is continuously growing. In March 2019 Exeger secured funding from SoftBank Group Corp, while also entering a strategic partnership agreement with the SoftBank subsidiary SB Energy.
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