# Whitehelm Capital and Daimyo merge Sarpsborg Avfallsenergi and Kvitebjørn Bio-El into SAREN Energy

Whitehelm Capital Ltd and Daimyo AS announced the merger of Sarpsborg Avfallsenergi AS and Kvitebjørn Bio-El AS through SAREN Energy AS, creating a leading waste-to-energy player in Norway.

- Type: Acquisition
- Announced: 2020-07-17
- Where: Sarpsborg, Norway
- Status: announced
- Capacity: more than 300 GWh of steam and heat
- Products: energy from waste incineration, steam, heat
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Whitehelm Capital](https://endata.com/companies/48706.md) (investor)
- [Daimyo](https://endata.com/companies/48707.md) (investor)
- [Sarpsborg Avfallsenergi](https://endata.com/companies/48708.md) (target)
- [Kvitebjørn Bio-El](https://endata.com/companies/48709.md) (target)
- [SAREN Energy](https://endata.com/companies/48710.md) (acquirer)

## Sources

- [sae-as.no](https://sae-as.no/sae-og-bioel-far-felles-eiere-gjennom-saren-energy/), 2020-07-21: "Gjennom en fusjon av de to selskapene skapes en ledende aktør innen avfallsforbrenning i det norske markedet."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.