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EY acted as financial advisor when Solør Bioenergi acquired Oplandske Bioenergi

On Friday December 16, it was announced that Solør Bioenergi signed an agreement to acquire Oplandske Bioenergi, an owner and operator of 23 different local and district heating facilities in Easter Norway with total deliveries of approximately 60 GWh.

The transaction will strengthen Solør Bioenergi’s position as a leading provider of biobased heating in the Nordics.

As part of the deal Eidsiva Bioenergi will acquire 5 of the heating assets from Oplandske Bioenergi.

EY supported Solør Bioenergi across the transaction as corporate finance advisor while also providing financial due diligence services.

EY would like to thank the management of Solør Bioenergi for the collaboration during the process and congratulate all parties with the transaction.

To explore our recent transactions and other insights, click here.

Link to official press release.

How EY can help

The team

  • Ole Conrad Siem, Engagement Partner, EY Norway
  • Anders J Traaseth, Engagement Manager, EY Norway
  • Ole Henrik Birkelund, Senior Manager, EY Norway
  • Stine Ruud Andersen, Senior Manager, EY Norway
  • Celine Topper, Senior Analyst, EY Norway
  • Eirik A. Hanevik, Manager, EY Norway
  • Roald Ross - Analyst, EY Norway
  • Nils Kristian Bø, Partner, Strategy & Transactions, EY Norway

Summary

On Friday December 16, it was announced that Solør Bioenergi signed an agreement to acquire Oplandske Bioenergi.

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