Statkraft to become majority owner of Brazilian company Desenvix
(Thomson Reuters ONE) -
(Oslo/Florianópolis, 13 February 2015) Statkraft, through its Brazilian
subsidiary ("Statkraft"), has today agreed with Jackson Empreendimentos S.A.
("Jackson") to acquire all of its subsidiary's shares in the Brazilian power
company Desenvix Energias Renováveis S.A. ("Desenvix"). Statkraft will thus
become the majority owner of Desenvix, which owns, operates and maintains hydro
and wind power plants in Brazil.
Jackson has agreed to sell its remaining interest in Desenvix, currently 36.85%
of the company. Statkraft already owns 44.45% of Desenvix. The agreement is
conditional upon necessary approvals by the third owner of Desenvix, Brazilian
pension fund FUNCEF (18.7%), as well as by certain creditors, the Brazilian
Electricity Regulatory Agency (ANEEL), and the Brazilian Antitrust Agency
(CADE). The parties expect to execute the definitive agreements regarding the
transaction within the next weeks and complete the sale in the course of the
second Quarter of 2015.
Once the transaction is concluded, Desenvix will consist of shares in ten
hydropower plants, one wind farm, a project portfolio of mainly small scale
hydropower, and minority stakes in two transmission lines. Desenvix will also
continue to own the subsidiary ENEX that operates and maintains the power
plants.
"Since the original investment in 2012, Statkraft has sought to increase its
ownership of Desenvix. Combining Desenvix's experience in the Brazilian market
and Statkraft's core competence in power generation and trading constitute a
powerful platform for further growth in Brazil," says CEO Christian Rynning-
Tønnesen.
Brazil has a large and growing power market, where the demand for renewable
energy is increasing, and the possibilities for new projects are attractive.
About Statkraft
Statkraft is a leading company in hydropower internationally and Europe's
largest generator of renewable energy. The Group produces hydropower, wind
power, gas-fired power and district heating and is a global player in energy
market operations. Statkraft has 3700 employees in more than 20 countries.
For more information, please contact:
Lars Magnus Günther, Senior communication advisor, Statkraft AS
tel.: +47 91 24 16 36
e-mail: lars.gunther(at)statkraft.com
www.statkraft.com
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Statkraft AS via GlobeNewswire
[HUG#1893976]
Unternehmensinformation / Kurzprofil:
Datum: 13.02.2015 - 22:22 Uhr
Sprache: Deutsch
News-ID 371685
Anzahl Zeichen: 3119
contact information:
Town:
Oslo
Kategorie:
Business News
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