Tuesday, November 12, 2019

Owners discuss new plans for expanding aid-financed hydro giant

The fast growing Norwegian hydropower investor SN Power has soon tapped NOK 1.75 billion from the Norwegian aid budget, buying plants and water rights for hydropower production in developing countries.

The firm’s first five-year plan is about to expire and the owners are discussing the firm’s future development. Can SN Power continue to cut into the aid pie or might new owners be invited into the deal?

Development Today is a subscription-based online journal. To subscribe click here.

If you are already a subscriber to Development Today please log in.

Would you like to know more about Development Today? Click here.