SOURCE: Industrial Info Resources

September 09, 2009 05:01 ET

Statkraft Looks to Billion-Euro Deal for Swedish Wind Power, an Industrial Info News Alert

GALWAY, IRELAND--(Marketwire - September 9, 2009) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Norwegian energy company Statkraft AS (Oslo) hopes to greatly expand the company's wind energy portfolio by entering into a wide-ranging renewable energy deal with Swedish forestry and timber company Södra (Vaxjo). The deal, valued at about 1 billion euros ($1.45 billion), will see Statkraft take a 90% share in Södra's fledgling wind power operation, Södra Vindkraft AB, which opens up the possibility of developing a potential portfolio of 300 installations on Södra property.

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IIR's Renewable Energy Database provides extensive coverage on the Wind Energy, Geothermal, Hydroelectric, Landfill Gas-to-Energy and Utility-Scale Solar power plants throughout North America, and is now expanding coverage across the world.

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