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SEB and Energy Valley to partner up!

JOINING FORCES! Managing Director Preben Strøm and Country Manager Norway, SEB John Turesson met up to discuss the partnership. SEB and Energy Valley want to collaborate on increased knowledge of energy transformation. Photo: Linea Bancel.
By Linea Bancel|Published 05 December 2022|Category: News

Combining Energy Valleys’ competence and network in the energy transition with SEB’s financial and industrial expertise will help accelerate the energy transition and grow scale-up companies.

The collaboration will help support the activities in Energy Valley, particularly the innovation accelerator for energy technology – Energy Invented.

SEB sees clear synergies between Energy Invented and SEB’s own pro-bono incubator SEB ScaleCenter. It’s particularly the increased knowledge of energy transformation that SEB and Energy Valley wish to collaborate upon. 

Strengthening the cluster eco-system

“We have been impressed for a long time by the results Energy Valley has delivered and are looking forward to working more closely with them. SEB has a long history within sustainable banking and was a facilitator when the World Bank issued the world’s first green bond in 2008, since then we have been a leader within the area of green financing. We assist established companies who want to transform their business in a sustainable direction and contribute to innovation in the energy sector through SEB ScaleCenter,” says John Turesson, Country Manager of SEB in Norway.

“SEB has capital raising as their special area and will be important advisers and potential investors for start-up and growth companies. The partnership with SEB, therefore, strengthens the cluster’s ecosystem. The combination of Energy Valley being an accelerator for start-up and growth companies – and having the most established energy companies as members – means, in my opinion, that we offer the strongest innovation environment for energy technology in Norway,” says Managing Director of Energy Valley, Preben Strøm.

Watch the interview with John Turesson and Preben Strøm to learn more:



SEB is a leading corporate bank Nordic region, with an international perspective, and innovation and entrepreneurship are part of our DNA. SEB has a total of 15,500 employees, of which 370 work in Norway, and a total of 4.4 million customers spread all over the world, both private and corporate. SEB has a long history in Norway and was, among other things adviser to Norsk Hydro during their IPO in 1909.

SEB ScaleCenter is a pro-bono incubator for sustainable growth companies within key Norwegian industries such as energy and marine. In addition to free office space at SEBs premises in Oslo, the startups have full access to the bank’s employees and partners with all their collective knowledge, competence, and extensive experience.

Energy Valley

Energy Valley is an industry-driven technology cluster and has the status of a Norwegian Center of Expertise (NCE) in Energy Technology.

The mandate is to accelerate the energy transformation and foster unique cross-industry collaborations to create value and advance innovative technologies in sustainable energy.

Energy Invented is a hybrid accelerator & incubator for energy tech start-ups and scale-ups.

Through Energy Invented, we aim to create an international environment for your idea or start-up, helping you accelerate your business.  We connect people and ideas across industry, academia, and finance, by offering meeting places and platforms for cooperation and knowledge sharing.