Statkraft to acquire three onshore wind farms from The Renewables Infrastructure Group Limited for €25m.

Statkraft, a hydropower company, fully owned by the Norwegian state, agreed to acquire three onshore wind farms from The Renewables Infrastructure Group Limited, a large British investment trust dedicated to investments in assets generating electricity from renewable sources, for €25m. "Balance sheet discipline is crucial in a challenging macro-economic environment. These accretive disposals underline the quality of the Company's portfolio. We remain confident in TRIG's long-term strategy and continue to actively seek ways to deliver value for shareholders through capital allocation," Richard Crawford, InfraRed Head of Energy Income Funds.