Energy & Science

Statkraft to Buy U.K. Renewable Energy Developer Solarcentury

  • Norwegian utility pays $152 million in all-share deal
  • Transaction includes 6 gigawatts of clean power projects

The deal will hand Statkraft six gigawatts of solar projects under development in Spain, the Netherlands, the U.K., France, Greece, Italy and Chile.

Photographer: Matt Cardy/Getty Images 

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Statkraft AS has signed an agreement to buy the London-based renewable energy developer Solarcentury Holdings Ltd., it said in statement on Monday.

The 118 million-pound ($152 million) deal will hand the Norwegian state-owned utility six gigawatts of solar projects under development in Spain, the Netherlands, the U.K., France, Greece, Italy and Chile.