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As per reports, Norway's Statkraft is planning to divest a 1.7 GW portfolio of renewable assets in Australia, following recent rumors of also looking to divest its ownership in projects it acquired from Enerfin for $1.95bn.
Strategic Shift:
📉 Divesting operations in four non-core markets: Canada, the US, Colombia, and Australia.
🌍 The focus shifts to primary markets: Europe, India, Chile, Peru, and Brazil.
Growth Ambitions:
🚀 Developing 2.5-3 GW of new capacity, including battery storage, annually by 2025.
📈 Targeting 4 GW in annual capacity by 2030.
Market Insights:
The Australian renewable market has witnessed several high-profile assets and platforms put up for sale recently, including Shizen Energy Group, Tetris Energy, and the Australian units of Neoen and Naturgy.
The above analysis is proprietary to Enerdatics’ energy analytics team, based on the current understanding of the available data. The information is subject to change and should not be taken to constitute professional advice or a recommendation.
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