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Statkraft, Europe’s premier renewable vitality generator, has finalized an settlement to amass Enerfin, a Spanish renewable vitality agency and Elecnor Group subsidiary. With an estimated enterprise worth of 1.8 billion EUR, the deal encompasses fairness and debt, topic to customary changes. Enerfin’s strong renewable vitality platform includes 1.5 GW in operation and underneath development, together with a promising pipeline of tasks in various phases of improvement.
The portfolio presents substantial prospects for wind farm repowering, hybridization, and battery storage. This acquisition additionally facilitates expanded market operations in Spain and Brazil. Pending public approvals, the transaction is anticipated to conclude within the first half of 2024. Enerfin, with round 170 expert professionals based mostly in Madrid, will combine seamlessly into Statkraft, fostering the shared imaginative and prescient to revolutionize world vitality.
“It is a milestone acquisition for Statkraft. Enerfin is a stable, well-run firm with a extremely competent organisation and a pretty portfolio that matches effectively with Statkraft’s present actions. The deal will create additional worth for the purchasers, our proprietor and society because it constitutes a significant contribution to the inexperienced vitality transition in direction of zero emissions”, says Christian Rynning-Tønnesen, CEO of Statkraft.
“The acquisition reinforces Statkraft’s place as Europe’s largest producer of renewable vitality and locations the corporate among the many prime ten wind energy producers in Spain, complementing our photo voltaic tasks portfolio there. The acquisition can even place Statkraft among the many three largest wind energy producers in Brazil, with over 1.5 GW of put in capability, and rising our operational scale,” says Rynning-Tønnesen.
