We assisted Armada Credit Partners in a sustainability-linked private debt investment in Smartvatten Oy, a company majority owned by Norvestor. Smartvatten is a hardware-enabled software as a service company providing its customers with a complete solution for real-time monitoring and reporting of water consumption in buildings. Smartvatten’s customers reduce their water costs and the risk of water-related damage while improving their sustainability performance.
The cooperation between Armada and Norvestor will promote Smartvatten in its objective of helping a greater number of customers with water costs, leaks and sustainability agenda.