ABGSC acted as exclusive financial adviser to Eviny and Sogn og Fjordane Energi on the sale of Enivest to Telenor Norge

On 10 June 2026, Eviny AS and Sogn og Fjordane Energi AS (the “Sellers”) announced the sale of Enivest AS (“Enivest”) to Telenor Norge AS (“Telenor”) (the “Transaction”). The Transaction values Enivest at NOK 2.5bn (EV). Enivest has ~28,000 fibre customers and generated revenues of NOK ~290m and EBITDA of NOK ~130m in 2025.

Headquartered in Førde, Enivest is one of the leading regional fibre operators in Western Norway, providing fibre-based digital services to private and business customers. The Company owns and operates its own fibre network and employs ~50 people. Contrary to most other regional operators, Enivest produces most of its services in-house. In combination with very efficient and hands-on operations, it has become one of the most profitable operators in the sector.

The Transaction is subject to approval by the Norwegian Competition Authority and is expected to be completed in 2026.

ABG Sundal Collier is pleased to have supported the Sellers in this Transaction and would like to thank the owners and Enivest’s management team for their trust and excellent collaboration throughout the process.