The Wallenberg sphere's risk capital company EQT has, together with GIC – an investment company from Singapore – purchased a majority stake in Calisen, a Manchester-based company focused on smart electricity meters and the transformation of the British energy system, writes EQT in a press release.
No purchase price is stated.
The sellers are a group of funds, including Blackrock and Goldman Sachs.
The EQT share falls by over 2 percent on the Stockholm Stock Exchange following the announcement.