Global Green Asset Management completed the acquisition of Energy Solutions unit from Hydro Rein.

Global Green Asset Management, a Norway-based investment group, completed the acquisition of Energy Solutions unit from Hydro Rein, a renewable energy company committed to serving sustainable industrial development. Financial terms were not disclosed. "The transaction creates a strong foundation for future growth for Energy Solutions, while allowing Hydro Rein to sharpen focus on large scale renewable energy development, and exit a non-core business with limited synergies and scale," Astrid Martinsen, Hydro Rein CEO.