Statkraft acquires UK onshore wind developer Airvolution Clean Energy.

Statkraft, a hydropower company, fully owned by the Norwegian state, acquired UK onshore wind developer Airvolution Clean Energy. Financial terms were not disclosed. “We have been very impressed with what Airvolution have achieved in a relatively short period of time through our development partnership for Scottish onshore wind projects. Bringing the team in-house is a natural progression of that partnership, significantly strengthening our ability to deliver against our ambitious targets for the UK” David Flood, Managing Director of Statkraft UK.