Solör Bioenergy Group has acquired Falbygdens Energi from Nordion Energi in a deal that includes district heating and the fiber network in Falköping, Sweden. Terms of the transaction were not disclosed.
With the deal, Solör has acquired the entire Falbygdens Energi company, including district heating and the fiber network in the towns of Falköping, Stenstorp and Floby in Västra Götaland. The electricity network, which remains with Nordion Energi, continues under the Falbygdens Energi brand.
“With this acquisition, we continue to execute our defined growth strategy within renewable district heating in the Nordics,” said Martinus Brandal, chairman and CEO of Solör Bioenergy Group. “The acquisition will further strengthen Solör Bioenergy’s position as one of the leading providers of district heating in Sweden.”
