Hydro REIN (Hydro Energy)

Company description

Hydro REIN is responsible for developing new business opportunities in renewable energy, hydrogen, and batteries. Since 1905, Hydro has turned natural resources into valuable products for people and businesses, creating a safe and secure workplace for 31,000 employees in more than 140 locations and 40 countries. The company focuses on the following business areas: Hydro Bauxite and alumina, Hydro Aluminium Metal, Hydro Extrusions, and Hydro Energy. 

Company details

City:
Oslo
Address:
Drammensveien 264, NO-0283 Oslo

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • October 26, 2023

    Agreement signed to acquire 49.9% stake in Norsk Hydro’s renewables business

    Macquarie Asset Management has signed an agreement with industrial company Hydro to acquire 49.9% of Hydro’s renewable energy company Hydro Rein. Under this agreement, Hydro and Macquarie Asset...

    Read more
  • December 09, 2022

    Equinor makes final investment decision for 531 MW solar PV project in Assu

    Equinor has announced its final investment decision (FID) on the 531 MW Mendubim solar photovoltaic (PV) project located in the state of Rio Grande do Norte, Brazil. The PV park is being developed by...

    Read more
  • July 11, 2022

    Power purchase agreement signed for 531 MW Solar project in Brazil

    Hydro Rein, Equinor and Scatec have signed a PPA for the Mendubim solar project in the state of Rio Grande do Norte in Brazil.

    Read more
  • June 16, 2022

    Eolus, Hydro REIN complete sale of 75% interest in 260 MW Stor-Skalsjon wind project

    MEAG has acquired the 75% combined interest in the 260 MW Stor-Skälsjön onshore wind project in Sweden from Eolus Vind AB and Hydro REIN.   In April 2022, Eolu...

    Read more
  • May 09, 2022

    Telenor signs 10-year PPA for 260 MW Stor-Skalsjon wind farm project

    Norwegian telecom infrastructure provider Telenor Infra AS has signed a 10-year power purchase agreement (PPA) with renewables operator Hydro Energi AS for the 260 MW Stor-Skälsjön onsh...

    Read more
  • May 04, 2022

    Hydro Rein partners with Atlas Renewable Energy and Albras to build a 438 MW solar project in Minas Gerais

    Hydro Rein and Atlas Renewable Energy are forming a joint venture to develop and build the Boa Sorte solar plant, which will be located in Paracatú, in the state of Minas Gerais, Brazil, with a...

    Read more
  • April 21, 2022

    MEAG to acquire 75% stakes in 260 MW Onshore wind project in Sweden

    Eolus and Hydro REIN have signed an agreement with MEAG regarding the sale of 75% of the shares in the 260 MW wind power project Stor-Skälsjön in Sweden.

    Read more
  • December 31, 2021

    Siemens Gamesa to supply turbines for 260 MW wind farm in Sweden

    Siemens Gamesa has signed a deal with Eolus and Hydro REIN to supply wind turbines for the 260 MW Stor-Skälsjön project in central Sweden.

    Read more
  • September 06, 2021

    Hydro, Competitive Power Ventures sign PPA for Maple Hill solar PV project

    Competitive Power Ventures (CPV) and Hydro, a Norwegian industrial company, have entered into a power purchase agreement (PPA) to supply power to Hydro Cressona, an aluminum extrusion facility in Penn...

    Read more
  • July 01, 2021

    Eolus, Hydro REIN jointly acquire 260 MW Stor-Skalsjon wind project

    Eolus together with Hydro REIN has signed an agreement to acquire the fully permitted wind power project Stor-Skälsjön from Enercon. The project, located in Sundsvall and Timrå municip...

    Read more