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Announced

Completed

Statkraft completed the acquisition of the wind power portfolio from Breeze Three Energy.

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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Single Bidder

Germany

France

Alternative Fuels

Acquisition

wind power

Majority

Private

Cross Border

Completed

Friendly

Infrastructure

Synopsis

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Statkraft, a generator of renewable energy, completed the acquisition of the 39 wind farms across Germany and four wind farms in France from Breeze Three Energy, a wind farm operator. Financial terms were not disclosed. “Statkraft has an ambition to grow further within hydropower, wind and solar power. We aim to be a major wind and solar developer with a development rate of 2.5 to 3 gigawatts per year towards 2025. Today’s acquisition further strengthens our role as a key renewables player in Europe and gives us the ability to further grow our portfolio in Germany and France,” Birgitte Ringstad Vartdal, Statkraft EVP European Wind and Solar.

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