Norway's Statkraft acquires Yesil Enerji
Norway's state-owned electricity company Statkraft announced it has acquired 95 % of Turkey-based Yesil Enerji.
Yesil is a wholly owned subsidiary of Global Investment Holdings and holds controlling interests in seven hydropower
projects. The planned hydropower plants will have a combined capacity of 633 MW.
Now Statkraft will invest the necessary $ 820 mm to develop and build the seven plants.
One of the projects is a 20-MW facility and is already under construction. It is expected to be complete by the end
of the year.