HitecVision AS

HitecVision AS is a prominent private equity firm based in Stavanger, Norway, focusing on investments in the offshore energy sector. With over three decades of experience, the firm has established or contributed to the development and growth of more than 200 companies across the energy industry, including some of the leading independent oil and gas companies in Norway and the UK. HitecVision manages energy-focused private equity funds with a total committed capital base of EUR 8 billion, supported by a diverse investor base comprising leading institutional investors from Europe, North America, Asia, and the Middle East.

The firm's investment strategy encompasses a broad spectrum of energy-related sectors, including oil and gas, renewable energy, infrastructure, and energy transition initiatives. HitecVision has been actively involved in the renewable energy sector, with investments in companies such as Vow Green Metals, a leading producer of biocarbon, and Vår Energi, a Norwegian oil and gas producer. The firm has also partnered with Eni to form Vårgrønn, a joint venture focused on renewable energy in the Nordic region.

HitecVision's approach combines capital investment with operational expertise, aiming to build profitable and sustainable companies. The firm's extensive operational and investment experience from the oil and gas industry enables it to create value by partnering with entrepreneurial managers to build substantial and sustainable companies. HitecVision is a member of the Norwegian Venture Capital Association (NVCA) and is regulated as an Alternative Investment Fund Manager by Finanstilsynet – The Financial Supervisory Authority of Norway. The firm is also a signatory of the Principles for Responsible Investment (PRI) and the Net Zero Asset Managers initiative (NZAM), reflecting its commitment to responsible investment practices and the energy transition.