Statkraft concludes Enerfin transaction

On 17 November 2023, Statkraft signed an agreement with the Spanish company Elecnor to acquire its renewables subsidiary Enerfin. The transaction has now been completed.  

The closing of the Enerfin deal significantly builds scale and strengthens Statkraft’s position in 西班牙 and 巴西. The transaction adds a portfolio of 1.5 GW of wind and 太阳能发电 projects in operation and under construction, as well as a pipeline of projects under development. 

- This acquisition is a big leap for Statkraft and confirms our position as Europe’s largest producer of renewable energy and aim to become a leading renewable company internationally. It places us among the top 10 风力发电 producers both in 西班牙 and 巴西, which are key markets for Statkraft. The portfolio is a very good strategic fit with our current portfolio and future growth plans, says Birgitte Ringstad Vartdal, President and CEO of Statkraft. 

The attractive portfolio and highly competent Enerfin team fits well with Statkraft’s current activities, adding 170 new employees to Statkraft, mainly in 西班牙 and 巴西.  
 
- I warmly welcome all new employees to Statkraft. The Enerfin organisation has a strong track record in project development and operations of renewables. This will add great value to our organisation, Vartdal says.  

The portfolio comes with significant opportunities for the repowering of wind farms, as well as hybridisation and battery storage possibilities. In addition, the acquisition enables increased market operations in both 西班牙 and 巴西. 
 
As announced earlier, Statkraft plans to divest the Enerfin portfolio in Canada, 美国, 哥伦比亚, 澳大利亚, 和智利.

- We acknowledge the significant work done to develop the portfolios in these markets, and strongly believe in future opportunities for value creation. Statkraft are committed to finding new owners who can further create value by developing the business in these countries. Statkraft will run a sales process focusing on value preservation and care for all people involved, 说Vartdal.