THE Philippine Competition Commission (PCC) said it recently approved the acquisition by Scatec Solar ASA, a Norwegian renewable energy company, of 100% shares in SN Power AS. In an e-mailed statement, the commission said its Mergers and Acquisitions Office found that the transaction between Scatec Solar and SN Power “does not result in substantial lessening […]
Scatec ASA receives regulatory approvals related to acquisition of SN Power
Oslo: Reference is made to the stock exchange release on 16 October 2020 where Scatec ASA announced the acquisition of SN Power from Norfund. Scatec has now received all necessary regulatory and local competition approvals, and the company expects to close the transaction in first quarter 2021. About Scatec ASA: Scatec is a leading renewable […]
Scatec Solar ASA – SN Power to acquire its first wind farm in Vietnam
Oslo, 5 November 2020 : SN Power AS, has signed a binding agreement to acquire 100% of the shares in the 39.4 MW Dam Nai Wind Power Joint Stock Company in Vietnam from Mekong Wind Pte Ltd which is fully owned by the Singapore based Armstrong South East Asia Clean Energy Fund. Dam Nai Wind, […]
Norway Solar Producer Buys Hydro Power Company for $1.2 Billion
The Norwegian developer Scatec Solar AS is paying $1.2 billion to complement its solar installations around the world with the hydro-power assets of SN Power. For more than a decade, both Oslo-based companies have built renewable projects around the world in emerging markets from Africa to Asia and South America. One built solar plants and […]
