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Announced

Statkraft to acquire Enerfin from Elecnor Group for €1.8bn.

Synopsis

Statkraft, Europe’s largest generator of renewable energy and a global player in energy market operations, agreed to acquire Enerfin, a Spanish renewable energy company, from Elecnor Group, a Spanish engineering and construction business, for €1.8bn. "This is a milestone acquisition for Statkraft. Enerfin is a solid, well-run company with a highly competent organisation and an attractive portfolio that fits well with Statkraft’s current activities. The deal will create further value for the customers, our owner and society as it constitutes a major contribution to the green energy transition towards zero emissions," Christian Rynning-Tønnesen, Statkraft CEO.

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