Norsk Hydro and Lyse form hydropower joint venture

Norsk Hydro and municipal utility Lyse are merging parts of their hydropower production into a joint company. Lyse will hold 74.4% and Hydro 25.6%, with total power output of 9.5 TWh per year.

“Aluminium producer Norsk Hydro and municipal utility Lyse are merging parts of their hydropower production into a joint company to secure long-term renewables production and competitiveness.”reuters.com

• 1 source
• reuters.comNorsk Hydro, Lyse form Norwegian hydropower joint ventureNora BuliOct 21, 2020

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