Statkraft has concluded an agreement for the purchase of Enerfin, a Spanish renewable energy company. The transaction has an estimated enterprise value of €1.8 billion, including equity and debt, subject to customary adjustments at completion.
Furthermore, Enerfin’s renewable energy platform includes 1.5 GW in operation and under construction. The portfolio comes with significant opportunities for the repowering of wind farms, as well as hybridisation and battery storage possibilities. In addition, the acquisition enables increased market operations in both Spain and Brazil. The transaction is dependent on public approvals in the respective countries and is expected to be closed during the first half of 2024.
In September 2023, Statkraft bought a wind farm portfolio from Breeze Two Energy, which consists of 39 wind farms with a total power-generating capacity of 337 MW. The acquisition broadens Statkraft’s growing portfolio of wind farms, which now includes 35 farms in Germany and four in France. There are 165 turbines with a combined capacity of 310 MW in the German portfolio, and the other 20 turbines with a total capacity of 27 MW are located in France.
