Statkraft Advances Renewable Energy with Ecopetrol Deal
Statkraft's Strategic Sale of Enerfín Colombia
Statkraft has finalized an agreement to transfer its renewable energy operations in Colombia, known as Enerfín Colombia, to Ecopetrol.
Details of the Transaction
The deal involves all personnel and a total of eight ongoing projects, including the notable 130 MW Portón del Sol solar power plant. This facility, which began operations over a year ago, was the first of its kind at a utility scale in Colombia.
Timeline for Completion
The completion of this sale is anticipated in the third quarter of 2025, pending the customary approvals from the regulatory authorities.
Leadership Insights
Barbara Flesche, Executive Vice President for Europe, expressed her enthusiasm regarding the completion of this substantial divestment from the Enerfín portfolio in markets outside of Statkraft’s conventional territories. She noted, “This agreement affirms the robust foundation and skilled team behind Enerfín in Colombia. We eagerly await the continued growth of this business under new leadership.”
Acquisition Impact
Statkraft’s entry into the Colombian market occurred in May 2024 through the acquisition of Enerfín, substantially boosting the company’s standing in both Spain and Brazil. This acquisition positioned Statkraft among the top ten producers of wind energy in these countries, adding to its portfolio a mix of 1.5 GW of existing and developing wind and solar projects.
Strategic Growth Plans
Statkraft pursues a clear strategy aimed at expanding its influence and capabilities within chosen markets across the Nordics, Europe, and South America. The company's focus on scalable development is expected to fulfill its goal of enhancing renewable energy production and meeting global energy demands.
Contact Information
For additional information, you can reach out to: International Media Relations Lead, Marte Lerberg Kopstad, at +47 99 52 20 26 or via email at mlk@statkraft.com. Alternatively, contact Corporate Media Relations Lead, Lars Magnus Günther, at +47 912 41 636 or lars.gunther@statkraft.com.
About Statkraft
Statkraft stands as a leading entity in international hydropower and is recognized as Europe's largest provider of renewable energy. The corporation’s portfolio encompasses hydropower, wind energy, solar energy, gas-fired operations, and district heating services. With approximately 7,000 employees operating across more than 20 nations, Statkraft is a dominant player in global energy market activities.
Frequently Asked Questions
What is Statkraft's latest business move?
Statkraft has signed an agreement to sell Enerfín Colombia, its renewable energy asset, to Ecopetrol.
What does Enerfín Colombia include?
The sale includes all staff, eight development projects, and the 130 MW Portón del Sol solar plant.
When is the expected completion of the sale?
The transaction is expected to finalize in the third quarter of 2025, subject to approvals.
What comments did Statkraft's executives make about this deal?
Barbara Flesche highlighted the skilled team and attractive portfolio built in Colombia, expressing enthusiasm for the future under new ownership.
How has Statkraft's acquisition of Enerfín impacted its market position?
The acquisition significantly strengthened Statkraft’s position in Spain and Brazil, ranking it among the top producers of wind power in those countries.
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