Aventron and ASI to form a $145m join venture.

Aventron, an established green power producer, and Aberdeen Standard Investments, an investment company, agreed to form a $145m join venture. aventron and ASI’s combined portfolio will focus on the development, construction, production and distribution of renewable energy through hydropower as well as wind power in Norway. “The Norwegian small hydro market is the most competitive in Europe with practically no government subsidies available. The transaction helps the firm to improve its potential to reduce generation costs and optimise the energy sales side,” Antoine Millioud, Aventron CEO.