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Marine, Tidal & Hydro
A Swiss investor has disposed of its holding in a 14-project portfolio of operating Scottish mini-hydro plants.
Downing Renewables & Infrastructure Trust (DORE) has agreed the acquisition of a portfolio of Swedish hydro plants from Fortum Sweden, marking its first investment since completing a GBP 122.5m IPO on the LSE in early December 2020.
Norway-headquartered aluminium producer Norsk Hydro has announced plans to build up a portfolio of renewable energy investments via new business division Renewable Growth.
Simec has sold a Scottish hydro plant to a London-based fund manager.