TA Associates enters as new strategic investment partner in Volue

12 Feb 2026 19:43 CET

The transaction implies an equity value (on a 100% basis) of approximately €1.5
billion (approximately NOK 17 billion).

TA Associates (“TA”) has joined as a new strategic investment partner in Volue,
marking a significant milestone in the company’s growth journey. TA brings
additional credibility and momentum to Volue’s growth mission, enabling Volue to
accelerate innovation, scale globally, and deepen the company’s market
leadership in electrification.

As part of the transaction, Arendals Fossekompani will receive cash proceeds of
approximately EUR 38 million (approximately NOK 425 million). Arendals
Fossekompani’s ownership in Volue will be around 36% after closing. The
transaction prices Arendals Fossekompani’s remaining shareholding in Volue to
approximately EUR 520 million (approximately NOK 5,9 billion). Final amounts are
subject to closing adjustments. Completion of the transaction is subject to
regulatory approvals.

TA is a leading global private equity firm focused on partnering with
high-quality companies to create lasting value. Founded in 1968, TA offers deep
experience partnering with management teams to support strategic initiatives,
operational development and geographic expansion.

TA’s investment reflects a strong conviction in Volue’s mission, proven
performance, and long-term vision. Their partnership will further strengthen
Volue’s momentum and supports Volue’s ongoing execution of its strategy to build
a global leader in electrification technology.

“Bringing on TA is a fantastic milestone for the company; it serves as a
powerful validation of our strategy and the progress we've made together,” says
Stephan Sieber, CEO of Volue.

“Our partnership with Advent and Generation has proven exceptionally strong, and
together with TA, will provide the stable foundation for Volue to reach its goal
of becoming the #1 technology provider for energy systems by 2030,” says
Benjamin Golding, Chief Executive Officer of Arendals Fossekompani.


ENDS
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For inquiries or additional comments, please contact:
Natasha Adams, CMO Volue, natasha.adams@volue.com
Hanne Watts, VP Communications & Sustainability Arendals Fossekompani,
hanne.watts@arendalsfoss.no
Maggie Benoit, Head of Communications TA, mbenoit@ta.com


About Volue
Volue is a global leader in electrification technology, delivering an integrated
platform that supports the full energy lifecycle, from data and forecasting to
trading, asset optimization, and grid management, helping customers navigate an
increasingly complex energy system. The company provides market leading price,
generation, and demand forecasts; automated trading and market access; multi
asset optimization across hydro, thermal, battery, wind, and solar portfolios;
24/7 asset operations; and advanced solutions for distribution system operators
managing rapid electrification and decentralization. With more than 750
employees serving over 2,500 customers in more than 40 countries, Volue is
headquartered in Oslo, Norway, and operates globally, supporting energy
producers, traders, DSOs, and other market participants in improving efficiency,
managing risk, and driving stronger commercial outcomes across global power
markets. For more information, visit www.volue.com

About TA Associates
TA is a leading global private equity firm focused on scaling growth in
profitable companies. Since 1968, TA has invested in more than 560 companies
across its core sectors, including technology, business services, financial
services, and healthcare. Leveraging its deep industry expertise and strategic
resources, TA collaborates with management teams worldwide to help high-quality
companies deliver lasting value. The firm has raised $65 billion in capital to
date and has more than 160 investment professionals across offices in Boston,
Menlo Park, Austin, London, Mumbai, and Hong Kong. For more information, visit
www.ta.com.

About Arendals Fossekompani
Arendals Fossekompani is a long-term industrial investment company. We are
active owners and developers of companies enabling the energy transition and
next generation industrial technologies. Established in 1896, we have been a
proud producer of hydropower for more than 100 years. Arendals Fossekompani is
headquartered in Arendal and has been listed at the Oslo Stock Exchange since
1913. For more information, visit https://arendalsfossekompani.no/en

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