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Norway

Nordic investment bank bolsters renewables advisory with senior hire

A Nordic investment bank has recruited a European renewables financing and M&A advisory veteran as part of a drive to boost its sector coverage, it is understood. 

Norwegian investor lines up hydro buy

Nordic renewables developer Cloudberry Clean Energy has signed a letter of intent to acquire an under-construction 22.6GWh hydro plant in Norway.  

Power price fall hits Statkraft revenues

Statkraft made an operating loss in the second quarter of 2020, largely due to “substantially lower Nordic power prices” as a result of a hydro power surplus in the region.  

Norwegian wind equity sell-down on the cards

A Nordic power group is looking to sell a circa 40% stake in a construction-ready 160MW onshore wind farm, it is understood.  

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