MEDIA

PATRIZIA Infrastructure completes SAREN Energy merger

• With the successful merger of SAREN Energy and Kvitebjørn Varme, PATRIZIA Infrastructure has created one of the largest district heating operators in Norway • With the merger, SAREN Energy has three strategically located modern energy from waste (EfW) facilities and a district heating network in Norway • The new platform will support decarbonisation efforts in Norway by exploring carbon capture and storage (CCS) in the coming years • The merger supports PATRIZIA’s ESG strategy to achieve net zero carbon status across its corporate operations and real assets portfolio by 2040 or earlier

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Whitehelm and Daimyo announce merger of SAE and KVB and creation of SAREN Energy

LONDON/OSLO – 17 July 2020. Whitehelm Capital Ltd (“Whitehelm”) and Daimyo AS (“Daimyo”) are pleased to announce the merger of Sarpsborg Avfallsenergi AS and Kvitebjørn Bio-El AS in SAREN Energy AS (“SAREN Energy”), to establish a platform focused on the operation of renewable and sustainable energy solutions for commercial and industrial companies in the Nordics.

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