Announced
Financials
Sources
Tags
Single Bidder
Friendly
Pending
Acquisition
Cross Border
Majority
Private
Denmark
solar projects
Renewable Energy Equipment
Synopsis
Hydro Rein, a provider of renewable energy solutions, agreed to acquire GreenGo Energy, a utility-scale renewable energy company that specializes on solar, wind, storage, hydrogen, and hybrid solutions. Financial terms were not disclosed. “This significant agreement concerning a 410 MW solar portfolio in Denmark marks our third partnership agreement with Hydro Rein. We are very pleased to see this expansion of our partnership with Hydro Rein to GW scale. With Hydro’s financial strength, experience in renewable investments and strong industrial presence in the Nordic power market we will together have a great and scalable platform,” Karsten Nielsen, GreenGo EnergyCEO.
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