# Ocean GeoLoop acquires 67% stake in Energi Teknikk

Ocean GeoLoop has agreed to acquire a 67% majority stake in Energi Teknikk, a supplier of equipment and services for small hydropower plants. The acquisition supports development of carbon capture solutions with integrated power generation.

- Type: Acquisition
- Announced: 2022-02-23
- Where: Norway
- Status: announced
- Products: small hydropower equipment, carbon capture solutions
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Ocean GeoLoop](https://endata.com/companies/61228.md) (acquirer)
- [Energi Teknikk](https://endata.com/companies/61229.md) (target)

## Sources

- [oceangeoloop.com](https://oceangeoloop.com/2022/02/ocean-geoloop-acquires-energi-teknikk/), 2022-02-23: "We’re pleased to announce the acquisition of Energi Teknikk, which is an important step in the development of the next generation carbon capture solutions with integrated electricity generation."

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