Norway’s Statkraft looks to expand in Brazil’s renewables: executive

SAO PAULO (Reuters) – Norway’s power generator Statkraft AS [STATKF.UL] plans to sharply increase its capacity to produce renewable energy in Brazil in the next four to five years, the head of the Brazilian unit, Fernando de Lapuerta, told Reuters.

The company is looking to acquire some Brazilian projects and also plans to take part in coming rounds where the government awards licenses for construction of new power plants, the executive said in an interview on Tuesday.


By Luciano Costa via Reuters


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