Statkraft acquires Södra’s shares in Silva Green Fuel and seeks new partner

(Tofte October 20th 2023) Swedish forest industry company Södra exits ownership in Silva Green Fuel. Statkraft will further develop the technology for advanced biofuels and acquires Södra’s 49 percent share in the company. Statkraft is also looking for a new partner to further develop Silva Green Fuel.Statkraft is now looking for a new partner who will be involved in the further development of Silva Green Fuel and the construction of the first full-scale production plant for biofuel. There is great interest in second-generation biofuels both in Norway and internationally. There are few technologies as advanced as the technology Silva Green Fuel is developing at Tofte.Knut Fjerdingstad, Media Relations Statkraft
+47 901 86 310
[email protected]Statkraft is a leading company in hydropower internationally and Europe’s largest generator of renewable energy. The Group produces hydropower, wind power, solar power, gas-fired power and supplies district heating. Statkraft is a global company in energy market operations. Statkraft has 5,700 employees in 21 countries.
(GlobeNewsWire)