Vindr
Vindr is a Nordic independent power producer that develops, constructs and operates onshore wind, solar and hybrid energy projects across Norway, Sweden, Estonia and Latvia, selling electricity into national grids under long-term offtake arrangements.
- Company typePrivate
- Founded2019
- HeadquartersOslo, Norway
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Vindr does
Vindr is a Nordic independent power producer (IPP) founded in 2019 that develops, constructs and operates wind farms, solar parks and hybrid energy facilities across Norway, Sweden, Estonia and Latvia. The company positions projects near consumption points to reduce transmission losses and environmental impact, in contrast to peer developers that site utility-scale projects in remote regions. Vindr manages the full project lifecycle—from site identification through long-term operation—and sells generated electricity into national grids under power purchase agreements or via energy trading.\n\nVindr's technology stack combines proprietary software and algorithms with established industry tools (Windsim, Windpro, QGIS) in a cloud environment, with the stated purpose of optimizing project siting, design and energy yield calculations. The product portfolio has expanded beyond the founding onshore-wind focus to include solar generation, Battery Energy Storage Systems (BESS) and 'hybrid energy parks' combining solar with storage, as evidenced by the Līvāni project in Latvia (4.25 MWp solar / 3.7 MW / 7.5 MWh BESS, €3.4M invested, inaugurated June 2026). At Līvāni, Vindr partnered with Capalo AI to deliver AI-driven energy trading and storage optimization, signaling selective use of third-party AI capabilities. The company has also signed a memorandum of understanding to develop green hydrogen production in Liepāja, Latvia.\n\nRevenue is generated primarily through wholesale electricity sales to grid operators, with grid stabilization and ancillary services from BESS providing a supplementary stream. Counterparty relationships span municipalities that host projects and receive property tax revenue, landowners who enter 25–30 year land leases, and industrial or commercial energy buyers. Vindr is majority-owned by InfraVia Capital Partners, a European infrastructure investor that has raised €10 billion of capital since 2008; that backing underwrites the company's ability to fund multi-year development cycles. As of June 2026, the company reports a 3.4 GW project pipeline spread across 58 projects in four countries and a team of over 30 employees across four country offices.
Vindr firmographics
Firmographics- Name
- Vindr
- Legal name
- Vindr
- Website
- https://vindr.eu
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Vindr is a Nordic independent power producer that develops, constructs and operates onshore wind, solar and hybrid energy projects across Norway, Sweden, Estonia and Latvia, selling electricity into national grids under long-term offtake arrangements.
- Ownership category
- akta.pro rank
Vindr industry classification
Industry- Product category
- Renewable Energy Generation
- NAICS
- Wind Electric Power Generation (221115), Solar Electric Power Generation (221114), Electric Power Generation (22111)
- SIC
- Electric, Gas & Sanitary Services (4900), Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Hybrid Wind Power Plants (Wind+Solar+Storage Co-located) (EUACAFAH)
- akta.pro secondary industries
- Distributed Generation (DG) Solar & Small Wind (EUAMAJAD), Hybrid PPAs (Renewables + Storage) & Firm Renewable Products (EUAGADAI), Structured Renewable Products (Blocks, Shaped, Baseload, Peak, Firming) (EUAGADAE), Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro) (EUACALAJ)
Keywords
Where Vindr is headquartered
LocationHeadquarters
- HQ city
- Oslo
- HQ country
- Norway
- HQ region
- Europe
Offices4 records
Markets served
Vindr business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Personnel, Operations, Technology or R&D, Supply Chain, Marketing or Sales
Revenue model
- Electricity Generation and Sales: Vindr generates revenue as an independent power producer through the development, construction, ownership, and operation of wind farms, solar parks, and hybrid energy facilities. Revenue is derived from selling electricity to the grid through power purchase agreements or energy trading.
- Hybrid Energy Solutions: Revenue from hybrid energy parks combining solar generation with battery energy storage systems (BESS), providing grid stabilization and energy security services alongside electricity generation.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Vindr product offering
Product offeringCore offering
Vindr develops, constructs, owns, and operates renewable energy projects including wind farms, solar parks, and hybrid energy parks (solar plus battery storage) across the Nordic and Baltic regions. The company generates revenue as an independent power producer by selling the generated electricity to national grids through power purchase agreements or energy trading.
Product overview
Vindr is a Nordic renewable energy developer offering a portfolio of wind, solar, and hybrid energy solutions across the Nordics and Baltics. The core offering consists of onshore wind farm development (their primary business since founding in 2019) complemented by solar energy systems and battery energy storage. The company integrates these technologies in hybrid energy parks—such as the Līvāni Hybrid Energy Park combining solar panels with a BESS—that enable simultaneous energy generation, storage, and grid stabilization. Emerging capabilities include green hydrogen production. Vindr develops projects through their proprietary software and algorithms, handling the full project lifecycle from site identification to operation.
Differentiator
Problem solved
Functional benefit
Products and services
- Wind Farm Development
- Solar Energy Systems
- Battery Energy Storage Systems (BESS)
- Hybrid Energy Parks
Quantifiable outcome
- 175 MW capacity wind farm (Björkvattnet) powering 175,000 households and saving 215,000 tons of greenhouse gas annually
- +1 more outcomes
Companies that use Vindr
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles2 records
Vindr technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability1 record
Feature1 record
Vindr partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered minor.
- Energiapartner OÜminorConstruction partner for the Līvāni hybrid energy park project in Latvia, responsible for building the solar park and battery storage facility.
- Forma 2minorConstruction supervision partner for the Līvāni hybrid energy park project, providing quality oversight during the construction phase.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
Vindr competitors and assessment
Company assessmentDirect peers
- Enefit Green: Estonian state-linked renewable energy producer with wind, solar, and biomass assets across the Baltics — directly comparable given shared Estonian/Latvian operating geographies and diversified renewable mix.
- Sunly: Baltic-focused renewable energy developer building wind, solar, and storage projects in Estonia, Latvia, and Lithuania — highly comparable given shared Baltic geography, multi-technology approach, and developer-to-IPP transition.
- OX2: Swedish renewable energy developer focused on onshore and offshore wind and solar across the Nordics and Baltics — directly comparable to Vindr in geography, technology mix, and development-to-IPP model. Acquired by EQT in 2023.
- Eolus Vind AB: Swedish wind power developer with established operations across the Nordics and selective international markets — closely matches Vindr's project development model and wind-focused heritage.
- European Energy: Danish renewable energy developer with significant wind, solar, and Power-to-X activities across Europe — comparable as a multi-technology developer-IPP pursuing hybrid solutions in markets overlapping with Vindr's footprint.
- Cloudberry Clean Energy: Norwegian renewable energy developer and producer building wind, solar, and hydro assets in the Nordics — highly comparable given shared Norwegian origin, similar pipeline-driven model, and multi-country expansion strategy.
- Better Energy: Danish renewable energy developer focused on solar and onshore wind across Northern Europe — comparable as a peer-sized developer targeting similar Northern European markets with utility-scale solar and wind projects.
- Arise AB: Swedish onshore wind developer and operator with projects across the Nordics — comparable as a focused Nordic wind IPP with operations in overlapping geographies and similar revenue model via electricity sales and PPAs.
Broad incumbents
- Statkraft: Norwegian state-owned utility and Europe's largest renewable energy generator — operates across the same Nordic markets with broad wind, hydro, and solar portfolios, representing both a peer and potential partner/competitor for grid connections and offtake.
Emerging players
- Enlight Renewable Energy: Israel-headquartered renewable energy developer expanding into Europe with wind, solar, and storage projects — comparable multi-technology IPP model with similar strategy of combining generation and storage.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Vindr social profiles
Digital presenceVindr compliance and trust
Trust signalCompliance1 record
Vindr financial estimates
Financial estimateRevenue estimate
Valuation estimate
Vindr leadership team
Management profileNumber of profiles
Profiles13 records
Vindr funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Vindr M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Vindr
What does Vindr do?
Vindr develops, constructs, owns, and operates renewable energy projects including wind farms, solar parks, and hybrid energy parks (solar plus battery storage) across the Nordic and Baltic regions. The company generates revenue as an independent power producer by selling the generated electricity to national grids through power purchase agreements or energy trading.
Is Vindr a public or private company?
Vindr is a private company. It is classified as private equity controlled and is currently operating.
When was Vindr founded?
Vindr was founded in 2019. It employs 11 to 50 people.
Where is Vindr based?
Vindr is headquartered in Oslo, Norway, in the Europe region.
How does Vindr make money?
Two revenue lines are on record. Electricity Generation and Sales are the primary driver. The others are hybrid Energy Solutions.
Who are Vindr's main competitors?
Direct peers on record are Enefit Green, Sunly, OX2, Eolus Vind AB, European Energy, Cloudberry Clean Energy, Better Energy and Arise AB. Statkraft is listed as a broad incumbent. Enlight Renewable Energy is listed as an emerging player.
Does Vindr have an API?
No public API is recorded for Vindr.
What industry is Vindr in?
Vindr's product category is Renewable Energy Generation. Its primary akta.pro industry code is EUACAFAH, Hybrid Wind Power Plants (Wind+Solar+Storage Co-located), with a secondary code of EUAMAJAD, Distributed Generation (DG) Solar & Small Wind. Its NAICS code is 221115 and its SIC code is 4900.