Aker Horizons acquires Rainpower to enter hydropower technology

Aker Horizons agreed to acquire 100% of Rainpower Holding AS and contribute approximately NOK 100 million in capital to develop it into a next-generation hydropower technology company.

“Aker Horizons will use Rainpower as a platform to build a next generation technology company to optimize hydropower developments and operations.”gulfoilandgas.com

• 1 source
• gulfoilandgas.comAker Horizons Strengthens Renewables Portfolio with Entry into Hydropower - Mergers and AcquisitionsJan 27, 2021

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