Statkraft Achieves Full Ownership of Brazilian Subsidiary, Strengthening Renewable Energy Footprint

, a global leader in , has successfully acquired the remaining 18.69% of shares in its Brazilian subsidiary, Statkraft Energias Renováveis (SKER), solidifying its position as the sole owner of SKER. The shares were acquired from Fundação dos Economiários Federais (Funcef), 's third-largest pension fund. This strategic transaction represents a significant milestone in Statkraft's ongoing commitment to growth and sustainability in the Brazilian renewable energy market.

Ingeborg Dårflot, Executive Vice President International at Statkraft, expressed enthusiasm about the acquisition, emphasizing its alignment with the company's strategic objectives and its role in enhancing Statkraft's presence in Brazil. Dårflot also extended gratitude to Funcef for their successful partnership throughout the journey.

Currently, Statkraft manages a portfolio comprising 14 plants and 4 wind farms in Brazil, boasting an installed capacity of approximately 450 megawatts (MW). SKER is actively pursuing an ambitious growth strategy, with investments totaling around 3.4 billion BRL directed towards 600 MW of wind power projects under construction.

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