Otovo Acquires Soly Customers and Assets as it Expands Across Europe
Norway, Dec. 22 -- Otovo, a leading home energy service provider in the U.S. and Europe, today announced it has entered into a definitive agreement to acquire select assets of Soly Holding B.V. (Soly), a Netherlands-based residential solar company that has completed 30,000 residential solar installations across the Netherlands, Belgium, Germany, Austria, the UK, and Italy. Soly filed for insolvency in November 2025.The transaction includes the acquisition of Soly's customer records, intellectual property, domains, and service vehicles, as well as a pipeline of signed but not yet installed solar projects. No liabilities, warranties, or historical service obligations are assumed by Otovo.As part of the insolvency proceedings, Soly's customers...
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