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Announced

Completed

Solör Bioenergy completed the acquisition of Vasa Värme.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Alternative Electricity

Cross Border

Single Bidder

Majority

Disposal

Private Equity

district heating

Acquisition

Private

Completed

Sweden

Friendly

renewable energy

Synopsis

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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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