Announced
Completed
Financials
Tags
Friendly
Cross Border
Majority
Sweden
Norway
power projects
Renewable Energy Equipment
Single Bidder
Completed
Acquisition
Private
Synopsis
Hydro Rein, a provider of renewable energy solutions, completed the acquisition of 25 wind power projects in Sweden and Norway from Iown, a renewable energy firm. Financial terms were not disclosed. “We are pleased to join forces with IOWN and secure a large portfolio of wind power projects in Sweden and Norway. The transaction is in line with Hydro Rein’s strategy of focusing on early phase projects in our core markets. IOWN has a competent team with extensive experience from wind power development in the Nordics, which will complement Hydro Rein well,” Olivier Girardot, Hydro Rein CEO.
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