1. Statkraft completes acquisition of Spanish renewables company Enerfin from Elecnor.
2. Deal strengthens Statkraft’s renewable energy portfolio in Spain and Brazil.
3. Statkraft intends to divest Enerfin’s assets in Canada, the US, Colombia, Australia, and Chile.
Norwegian company Statkraft has acquired Spanish renewables company Enerfin from Elecnor, expanding its renewable energy portfolio in Spain and Brazil. The transaction, valued at €1.56bn, adds 1.5GW of wind and solar projects to Statkraft’s assets. This move solidifies Statkraft’s position as Europe’s largest producer of renewable energy and aims to establish the company as a leading international renewable energy player. The acquisition allows Statkraft to enter the top 10 wind power producers in key markets like Spain and Brazil. Enerfin’s portfolio aligns well with Statkraft’s current operations and future growth plans. Statkraft plans to divest Enerfin’s assets in Canada, the US, Colombia, Australia, and Chile, aiming to find new owners who can further develop the business in these countries. This strategic acquisition reinforces Statkraft’s commitment to sustainable energy and positions the company for continued growth and value creation in the renewable energy sector.