Statkraft sells its district heating business for NOK3.6bn to Nordic consortium
Statkraft continues its strategic shift by selling its district heating unit to Patrizia SE and Nordic Infrastructure AG for NOK3.6bn ($331mn). The deal will free up capital for hydropower, wind, solar and battery investments.
| Countries | Norvège, Suède |
|---|---|
| Companies | Statkraft |
| Sector | Stockage énergie, Réseaux chaleur, Réseau chaleur, Stockage |
| Theme | Développement de projets, Annonce |
Statkraft has signed an agreement to divest its entire district heating operations, grouped under the subsidiary Statkraft Varme, to a consortium formed by Patrizia SE and Nordic Infrastructure AG. The transaction, valued at NOK3.6bn ($331mn), aligns with a strategy to focus on key technologies such as hydropower, wind energy, solar energy, and batteries in selected markets.
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