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Home » News » Wind Energy » Arise Acquires 70% Stake in Fenix, Expanding Renewable Energy Footprint in Norway and Ukraine
Wind Energy

Arise Acquires 70% Stake in Fenix, Expanding Renewable Energy Footprint in Norway and Ukraine

By Samuel JenkinsDecember 18, 20233 Mins Read
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Credit: Arise
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Arise has successfully secured a 70% stake in Fenix, a company specializing in solar, onshore wind, and storage projects in Norway and Ukraine. The acquisition, valued at approximately NOK330,000 (€28,800), underscores Arise's strategic move to diversify its business geographically and technologically. As part of the agreement, Arise will provide financing for Fenix's project development activities.

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Acquisition Arise Electricity Greenfield Renewable energy Russia Ukraine Wind
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