EnergyWatch

Norwegian wind supplier sold for NOK billions

Norwegian company Sapa, which is a supplier to the wind and solar industries among other businesses, has been sold to Norway's Hydro.

Photo: /ritzaufoto/AP/Charlie Riedel

In a major deal, Norway's Orkla is selling its stake of 50 percent in the company Sapa, which works in the aluminum industry and supplies to the solar and wind industries, among others.

The buyer is Norwegian Hydro, which already owns the other 50 percent of Sapa, and the company will thus take over full ownership.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Danish carbon storage can run at max from day one

TotalEnergies can't see the need to pilot carbon storage under the Harald field in the Danish North Sea. Rather, the supermajor wants to begin at full scale if the Bifrost project manifests. Although much now depends on two forthcoming events: presentation of political strategy and allocation of EUDP money.

Europe’s carbon price has almost tripled in 2021

European carbon futures rose above EUR 80 a tonne on Friday for the first time, testing the resolve of politicians who are promising to act aggressively on climate change while grappling with inflation that’s tearing into economies across the globe.

Further reading

Related articles

Latest News

See all jobs