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Statkraft to sell Enerfín's activities in Canada to Atlantica Sustainable Infrastructure
Atlantica Sustainable Infrastructure plcAtlantica Sustainable Infrastructure plc(US:AY) GlobeNewswire News Room·2025-08-01 07:00

Core Insights - Statkraft has signed an agreement to sell its Canadian renewables portfolio, Enerfín Canada, to Atlantica Sustainable Infrastructure Ltd, which includes a skilled team, operating wind farms, and a development portfolio [1][2] - The transaction encompasses two operating wind farms with a total installed capacity of 236 MW and a development portfolio of six wind and solar projects totaling 0.8 GW [2] - The sale marks the completion of Statkraft's planned divestments of its Enerfín portfolio outside its core markets, which has been delayed due to global uncertainties [4] Company Overview - Statkraft is a leading international hydropower company and Europe's largest generator of renewable energy, with operations in hydropower, wind power, solar power, gas-fired power, and district heating [5] - The company has approximately 7,000 employees across more than 20 countries [5] Transaction Details - The closing of the transaction is expected before the end of 2025, with no further details disclosed about the transaction [2] - Statkraft's acquisition of the Canadian renewables portfolio was part of a larger Enerfín transaction completed in May 2024, which significantly strengthened its position in Spain and Brazil [3]