Orrön Energy to acquire Slitevind for $88m.

Orrön Energy, an independent, publicly listed renewable energy company, agreed to acquire Slitevind, a Sweden based company involved in the field of renewable energy, for $88m. "This is an exciting first acquisition for Orrön Energy, which brings together two companies with the competence, assets and capital to accelerate investments in the energy transition. Slitevind has a highly skilled team and a portfolio of wind assets that adds scale and diversification to Orrön Energy’s asset base. Slitevind has been a successful consolidator within the Swedish wind sector for many years and brings a team with the competence and experience to operate, develop and build wind and other renewables assets in the Nordics. I am confident that we together can build on our individual strengths to create a renewables company that will take advantage of the opportunities in the energy transition and deliver on an acquisition and organic growth led strategy to create long-term shareholder value," Daniel Fitzgerald, Orrön Energy CEO.