Countries

Global flag icon
Global
Albania flag icon
Albania
Brazil flag icon
Brazil
Chile flag icon
Chile
France flag icon
France
Germany flag icon
Germany
India flag icon
India
Ireland flag icon
Ireland
Netherlands flag icon
Netherlands
Norway flag icon
Norway
Peru flag icon
Peru
Spain flag icon
Spain
Sweden flag icon
Sweden
Turkey flag icon
Turkey
United Kingdom flag icon
United Kingdom
United States flag icon
United States

Statkraft and Norfund have completed the restructuring of SN Power

06 Jun, 2014
(Oslo, 6 June 2014) Today, Statkraft and Norfund have completed the restructuring of SN Power in accordance with the agreement signed December 20, 2013. The parties have thereby established a new solid basis for their continued cooperation within renewable energy.

The main elements of the new structure and cooperation are described in the Stock Exchange notice and press release published 20 December 2013.

The goal is to develop a leading international hydropower cluster, contributing to sustainable economic growth through profitable investments.
  
About Statkraft
Statkraft is Europe's largest generator of renewable energy and is the leading power company in Norway. The company owns, produces and develops hydropower, wind power, gas power and district heating. Statkraft is a major player in European power trading and has 3600 employees in more than 20 countries.

About Norfund
Norfund (the Norwegian Investment Fund for Developing Countries) is owned by the Ministry of Foreign Affairs and serves as an instrument in Norwegian development assistance policy. The fund contributes to poverty reduction and economic development through investments in profitable businesses and transfer of knowledge and technology. The current investment portfolio of Norfund totals USD 1.7 billion invested in 120 different projects.

For further information, please contact:

Lars Magnus Günther, Communications advisor, Statkraft
 +47 91 24 16 36 lars.gunther@statkraft.com

Heidi Berg, Communications advisor, Norfund
+47 99 70 10 61 heidi.berg@norfund.no

www.norfund.no
www.statkraft.com
www.snpower.com
www.aguaimara.com

 
 
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.