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
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.
Whitehelm buys Nordic waste-to-energy plant
The fund manager has purchased SAE on behalf of Australia's Prime Super, sealing its second deal in the Nordics