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Statkraft increases its stake in the Brazilian hydropower industry
23.02.15Statkraft will boost its stake in Brazilian power company Desenvix by acquiring 36.85 percent from Jackson Empreendimentos S.A, adding to its 44.45 percent ownership. Desenvix assets include shares in 10 hydropower plants, a wind farm and minority stakes in two transmission lines.
Becoming the majority owner of Desenvix would give Statkraft a platform for further expansion in Brazil's large and growing power market.
We are especially excited to hear that Statkraft is not only buying into hydropower generation assets but also in the Desenvix wind power project. We believe in the growth and profitability of wind as well as solar investments in Latin-America in general and want to see more of those funded with Norwegian capital.
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