Skagerak Varme completed an acquisition of Skien Fjernvarme.

Skagerak Varme, an energy company, completed an acquisition of Skien Fjernvarme, an utility company. Financial terms were not disclosed. "The owners of Skien Fjernvarme believe the time is ripe for Skagerak Varme to take the company fully into the group's further investment in growth in renewable energy sources. We look back on a good and constructive collaboration and are proud of what Skien Fjernvarme now contributes in environmentally friendly energy to Skien city," Svein Morten Rogn, Skagerak Varme CEO.