DORE’s first investment since IPO involves eight Swedish hydropower plants

Content Team, Renewable Energy World Energy Solutions

DORE’s first investment since IPO involves eight Swedish hydropower plants
Sharath G. on Pexels

The portfolio is being acquired from Fortum Sweden AB for a price of €64.5 million (US$79.3 million) on a debt- and cash-free basis, and the transaction is expected to complete in February 2021. The eight hydropower plants across three different rivers in Sweden have annual average production of over 100 GWh.

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