Merus Power Oyj

Equities

MERUS

FI4000506902

Renewable Energy Equipment & Services

Market Closed - Nasdaq Helsinki Other stock markets 15:04:50 24/05/2024 BST			5-day change	1st Jan Change
4.6 ^EUR	+6.48%		+5.99%	+13.86%

03-13	Merus Power Oyj Approves Board Elections	CI
02-21	Merus Power Receives Battery Energy Storage Order of Around 15 Million from Enordic and Lappeenrannan Energia - the New Battery Energy Storage System Strengthens the Power Grid	CI

Merus Power Dynamics Oy announced that it has received €2.5 million in funding from Inventure Oy and VNT Management Oy.

April 10, 2013 at 05:00 am

Merus Power Dynamics Oy announced that it has received €2.5 million in funding on April 10, 2013. The round included participation from existing investor Inventure Fund Ky, a fund managed by Inventure Oy and other investor Power Fund III Ky, a fund managed by VNT Management Oy.

On April 10, 2013, Merus Power Dynamics Oy closed the transaction.

Latest news about Merus Power Oyj

Merus Power Oyj Approves Board Elections	03-13	CI
Merus Power Receives Battery Energy Storage Order of Around 15 Million from Enordic and Lappeenrannan Energia - the New Battery Energy Storage System Strengthens the Power Grid	02-21	CI
Merus Power Lands EUR15 Million Order for Battery Energy Storage System	02-14	MT
Merus Power Receives Battery Energy Storage Order of Around EUR 15 Million from Skip Wind 5 Oy and Lappeenrannan Energia Oy	02-13	CI
Merus Power Oyj Reports Earnings Results for the Full Year Ended December 31, 2023	02-08	CI
Merus Power Oyj Reports Earnings Results for the Half Year Ended June 30, 2023	24/08/23	CI
Merus Power Oyj Reports Earnings Results for the Full Year Ended December 31, 2022	09/02/23	CI
Merus Power Oyj Receives EUR 20-Million Order to Supply Large Battery Energy Storage System to Taaleri Energia	08/02/23	CI
Merus Power Oyj Reports Earnings Results for the Half Year Ended June 30, 2022	24/08/22	CI
Certain Ordinary Shares of Merus Power Oyj are subject to a Lock-Up Agreement Ending on 9-JUN-2022.	08/06/22	CI
Certain Ordinary Shares of Merus Power Oyj are subject to a Lock-Up Agreement Ending on 9-JUN-2022.	08/06/22	CI
Merus Power Oyj Reports Earnings Results for the Full Year Ended December 31, 2021	10/02/22	CI
Merus Power Oyj Reports Earnings Results for the Fourth Quarter Ended December 31, 2021	10/02/22	CI
Certain Ordinary Shares of Merus Power Oyj are subject to a Lock-Up Agreement Ending on 6-DEC-2021.	05/12/21	CI
Certain Ordinary Shares of Merus Power Oyj are subject to a Lock-Up Agreement Ending on 6-DEC-2021.	05/12/21	CI
Certain Ordinary Shares of Merus Power Oyj are subject to a Lock-Up Agreement Ending on 7-SEP-2021.	06/09/21	CI
Certain Ordinary Shares of Merus Power Oyj are subject to a Lock-Up Agreement Ending on 7-SEP-2021.	06/09/21	CI
Merus Power Oyj has completed an IPO.	01/06/21	CI
Merus Power Oyj has filed an IPO.	21/05/21	CI
Merus Power Dynamics Oy announced that it has received €2.5 million in funding from Inventure Oy and VNT Management Oy.	10/04/13	CI

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Company Profile

Merus Power Oyj, formerly Merus Power Dynamics Oy is a Finland-based technology company operating in the global market, focused on electricity storage and power quality solutions, enabling a sustainable and more energy-efficient future. The Company designs, manufactures and sells Finnish innovative electrical energy storages, power quality systems, and services. The business operations are based on scalable and modular power electronics, intelligent software technologies and electrical engineering expertise. The Company's solutions include water and waste treatment plants, power stations, solar, wind and hydropower plants. Merus Power Oyj has worked with several industrial, electricity, infrastructure and renewable energy customers in 60 different countries.

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Renewable Energy Equipment & Services

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Mean consensus

OUTPERFORM

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Last Close Price

4.32 EUR

Average target price

5 EUR

Spread / Average Target

+15.74%

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Sector Other Renewable Energy Equipment & Services

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