Announced
Completed
Financials
Tags
Alternative Electricity
Cross Border
Single Bidder
Majority
Disposal
Private Equity
district heating
Acquisition
Private
Completed
Sweden
Friendly
renewable energy
Synopsis
Solör Bioenergy, a renewable energy provider, completed the acquisition of Vasa Värme, which operates six renewable district heating power plants. Financial terms were not disclosed. "With this acquisition, we are executing our defined growth strategy within renewable district heating in the Nordics. The acquisition is the next step in accelerating our growth strategy as well as strengthening our position as a leading provider of district heating in this market," Martinus Brandal, Solör Bioenergy Chairman and CEO.
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