Whitehelm Capital acquires significant stake in Kvitebjørn Varme
Whitehelm Capital has acquired a significant stake in Kvitebjørn Varme AS, the owner and operator of the district heating network in the city of Tromsø, the largest urban area in Norway inside the Arctic Circle.
The 49% equity interest was acquired from Kvitebjørn Energi AS, an energy company controlled by the Norwegian investment group Daimyo, that will remain a shareholder in the company. The terms of the transaction were not disclosed.
Kvitebjørn Varme is Whitehelm Capital’s third investment in the Nordic region, following the acquisition of SAE, an energy from waste business in Sarpsborg, Norway, and Storrun, an onshore wind farm in Sweden.
Country updates
-
-
July 02, 2018
Engie has announced financing agreements and an off take deal of 25 years PPA from Hydro Energi for the wind project
-
June 29, 2018
Vestas to supply wind turbines for Guleslettene wind project
Vestas Wind Systems will provide turbines for the 197 MW Guleslettene wind project under a contract with Zephyr. The facility is located in Norway and consists of 47 units of V136-4.2 M...
Read more -
June 28, 2018
The fund has sucessfully acquired the construction-ready 197.4MW Guleslettene wind farm from Zephyr
-
June 22, 2018
It has been announced that Globeleq signed a development agreement with Mozambique’s state utility to undertake the gas-fired facility project and bring it to financial close
-
June 19, 2018
ContourGlobal has announced it is still in negotiations with Alpek for the acquisition of the project
ContourGlobal has announced it is still in negotiations with Alpek for the acquisition of the project. While discussions are continuing, there can be no assurance that a commercial agreement will be reached and that a transaction will be completed
