Solör Bioenergy Group announced today that they have acquired 100% of the shares in Norsk Bioenergi AS.
“Norsk Bioenergi will be a central part in Solör Bioenergy Group ́s further development in Norway, says Martinus Brandal, Chairman & CEO of Solör Bioenergy Group. We are highly committed to continue to grow the combined businesses together with Norsk Bioenergi ́s high performing management within the renewable energy market”, says Brandal. Solør Bioenergy Group have an operation of 69 district heating power plants operated out of 47 municipalities in Norway.
Combined with Solör ́s Norwegian business, the portfolio will have the biggest footprint among bioenergy-based district heating companies in Norway.
The annual contracted delivery of renewable energy in Norsk Bioenergi Group amounts to approx. 180 GWh. The total delivery of renewable energy for Solör Bioenergy Group in Norway amounts to 400 GWh annually.
The parties agreed not to disclose the purchase price.
For further information, contact:
Managing Director & COO Solör Bioenergy Group,
+46 70 491 5595
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 465,000 users every day. The company is located at 226 sites delivering c. 2.5 TWh thermal energy, 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.