Macquarie gets EU nod to buy into Norsk Hydro's renewables ops
- Admin
- May 9, 2024
- 1 min read
The European Commission approved Macquarie Asset Management's acquisition of a 49.9% stake in Hydro Rein, the renewable energy business of Norsk Hydro ASA. Macquarie will buy the stake for USD 332 million as a joint venture with Norsk Hydro, operating renewable energy projects in Brazil, Denmark, and Sweden.
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