Core Insights - Statkraft, Europe's largest producer of renewable energy, is divesting its renewable energy development activities in the Netherlands to Greenchoice, which will acquire a solar portfolio of 120 MWp and a skilled team [1][2][3] Group 1: Transaction Details - A share purchase agreement has been signed with Greenchoice for the acquisition of 120 MWp of operating solar power assets, along with a portfolio of solar, wind, and battery projects [2] - The closing of the transaction is expected in autumn this year [2] - The transaction aims to provide Greenchoice with a platform for further growth in renewable energy [1][3] Group 2: Company Statements - Statkraft's Executive Vice President for Europe, Barbara Flesche, expressed satisfaction with the sale, emphasizing the importance of providing new opportunities for the dedicated staff [1][3] - Flesche noted that Greenchoice shares a commitment to renewable energy and sustainability, which will contribute to the green energy transition in Europe [3] Group 3: Future Operations - Statkraft will continue its established market operations in the Netherlands despite scaling back on hydrogen projects [3] - The company remains a leading player in hydropower and renewable energy generation, with operations in over 20 countries and around 7,000 employees [4]