Announced
Financials
Tags
Private
United Kingdom
Majority
solar energy
Renewable Energy Equipment
Pending
Acquisition
Cross Border
Friendly
Auction
Private Equity
Synopsis
Statkraft, a company in the hydropower industry, agreed to acquire Solarcentury, a global solar power company, for $152m. “This acquisition is in line with our strategy to ramp up as a wind and solar developer and become one of the leading renewable energy companies globally. Just like hydropower and solar power complement each other, Statkraft and Solarcentury are an excellent fit in terms of purpose and people. Joining forces will accelerate our growth and continue to drive the energy transition forward," Christian Rynning-Tønnesen, Statkraft CEO.
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