Savosolar to acquire a 30% stake in Meriaura from VG-Shipping.

Savosolar, a provider of large-scale solar thermal systems, agreed to acquire a 30% stake in Meriaura, a shipping company, from VG-Shipping, a marine logistics company. Financial terms were not disclosed. “Going forward, merged Savosolar can provide and deliver more tailored renewable energy turnkey solutions and, if needed, engage in energy production. In the new Group, our products and services complement each other, and there are very few overlaps. Meriaura will give Savosolar Group broader shoulders to build on,” Jari Varjotie, Savosolar CEO.