Statkraft signs agreement to sell renewable energy projects in India to Serentica Renewables
Norway, Sept. 17 -- Statkraft, Europe's largest producer of renewable energy, has signed an agreement to sell parts of its renewable energy portfolio in India to Serentica Renewables.The agreement with Serentica Renewables includes a portfolio with a total capacity of around 1.5 GWp in the state of Rajasthan: The Khidrat 445 MWp solar plant which went into operation earlier this year, and a pipeline of solar and wind projects in different stages of development with an estimated capacity of 1000 MWp. Closing of the transaction is subject to the fulfilment of conditions precedent and necessary regulatory approvals, if any. Statkraft announced plans to divest its India portfolio last year, focusing the company's investments on select markets i...
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