Announced

Completed

Ellevio completed the acquisition of Markbygden from Svevind and Enercon.

Synopsis

Ellevio, a Swedish electric power distribution company, completed the acquisition of Markbygden, a modern transmission network, from Svevind, a privately owned business group in the renewable energy industry, and Enercon, a wind turbine manufacturer. Financial terms were not disclosed. "We play a key role in the electrification of industry and transport, including the distribution of electricity from the increasing share of renewables in the energy system. With the acquisition of Markbygden Net AB, we will be a long-term, reliable and engaged partner that secures the supply of green electricity to growing industry needs", Johan Lindehag, Ellevio CEO.

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