Solör Bioenergy Group acquires Ale Fjärrvärme AB

Solör Bioenergy Group announced today that it acquires 100% of the shares in Ale Fjärrvärme AB from Göteborg Energi AB and Ale Municipality. Closing is expected to happen in the beginning of March 2022.

“Ale Fjärrvärme will be a central part in Solör Bioenergy Group ́s development in the Gothenburg region, says Martinus Brandal, Chairman & CEO of Solör Bioenergy Group. We are highly committed to support the Ale Municipality growth and it ́s further development of sustainability within the renewable energy market”, says Brandal.

The production and delivery of renewable energy in Ale amounts to approx. 60 GWh annually.

For further information, contact:

Anders Pettersson, Managing Director & COO Solör Bioenergy Group, +46 70 491 5595 Florian Raitner, CFO, Solör Bioenergy Group, +41 786 79 8844

Solör Bioenergy Group

Solör Bioenergy Group, is a leading player in renewable energy based on wood fuels with over 250,000 users every day. The company is located at 181 sites, primarily in Sweden and Norway, where they produce and distribute district heating, steam and electricity to homes, companies, public enterprises and industries. The business also includes energy recovery of impregnated wood and production of biofuel. By making use of the forest’s resources, Solör wants to make way for a sustainable society with reduced carbon dioxide emissions.