Siljansvik

Siljansvik is a Swedish active ownership and investment company based in Rättvik, with a portfolio focused on locally anchored energy and digital infrastructure. The company invests in businesses and assets tied to electricity networks, district heating, fiber networks, local power and heat production, and related energy and communication services.

— Siljansvik
%
Core infrastructure35% Electricity grids, fiber networks, and district heating networks that support local utility services.
Energy transition assets25% Local production of electricity, heat, and renewable fuels tied to the energy transition.
Customer-facing energy services20% Electricity trading and tailored services sold close to end users and local markets.
Transition solutions10% Technologies and solutions that support more integrated and flexible energy systems.
Active ownership and portfolio investments10% Capital allocation and ownership in companies within energy and digital infrastructure.

Siljansvik serves local communities, municipalities, and businesses that depend on reliable energy and digital...

  • Local communities and householdsprimary

    Buy electricity, heat, and network services that support everyday utility needs and local resilience.

  • Municipal and regional infrastructure usersprimary

    Use district heating, grid access, and fiber infrastructure for essential local services.

  • Business customerssecondary

    Buy energy and connectivity services for operations that require dependable local infrastructure.

  • Energy service customerssecondary

    Purchase electricity trading and customized energy solutions for flexibility and value.

  • Portfolio and partnership counterpartiessecondary

    Co-invest with or operate alongside Siljansvik in infrastructure and transition projects.

Siljansvik is anchored in Rättvik and the Siljan region in Dalarna, Sweden, where its infrastructure and ownership...

  • •Headquartered in Rättvik, Dalarna, Sweden
  • •Local footprint around the Siljan region
  • •Operations tied to Swedish energy and digital infrastructure
  • •Exposure to regional electrification and data-center-driven demand
  • •No country-level revenue split was disclosed in the provided excerpts

Siljansvik’s strategy is active ownership: building value through long-term investment, partnerships, and disciplined...

01
Active ownership and portfolio developmentshort-term

Value is created through hands-on ownership, governance, and operational development of portfolio companies.

02
Invest in energy and digital infrastructuremedium-term

These assets are central to local resilience and long-term demand from electrification and digitalization.

03
Expand transition-related solutionsmedium-term

Flexible local production and integrated energy systems can capture value from the energy transition.

Siljansvik’s risks are tied to operating and owning infrastructure businesses that depend on weather, technical...

high

Operational and technical disruptions

Infrastructure businesses depend on continuous operation, and outages or failures can affect revenue and service quality.

Scope
Portfolio companies in energy and digital infrastructure
Materiality
high
high

Regulatory and permitting changes

Energy and network assets are heavily regulated, so rule changes can alter investment economics and timing.

Scope
Electricity grids, district heating, and energy projects
Materiality
high
medium

Weather and environmental exposure

Utility and network operations can be affected by weather conditions and environmental incidents.

Scope
Grid, heat, and production assets
Materiality
medium
medium

Valuation risk in financial instruments

The company reports market-listed funds and derivatives at fair value, which can create earnings volatility.

Scope
Capital portfolio and interest-rate swaps
Materiality
medium
medium

Key-person and execution risk

Active ownership and partnership-led growth rely on management judgment and execution quality.

Scope
Holding company and portfolio oversight
Materiality
medium
Fair value measurement of market-listed funds
Reported earnings and equity
Derivatives and interest-rate swaps
Financial items and net result
Valuation of portfolio holdings
Balance sheet carrying values
Consolidation and ownership accounting
Revenue, assets, and equity

Wise Group

WISE.ST · Industrials

Sitowise Group Oyj

SITOWS.HE · Engineering & Construction

Bufab

BUFAB.ST · Industrials

Apotea

APOTEA.ST · Consumer Staples

Knowit

KNOW.ST · Technology

Atrium Ljungberg

ATRLJ-B.ST · Real Estate

: 11/08/2026