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Solør Bioenergi to acquire Glåmdal Bioenergi in Norway

Solør Bioenergi AS, the Norwegian subsidiary of Swedish renewable energy provider Solör Bioenergi Group has announced that it has entered into an agreement to acquire the shares in the Norweigan district heating company Glåmdal Bioenergi AS (GBAS) from Karl Holm, GIR, and Bjørns Transport AS.

Solør Bioenergi AS, the Norwegian subsidiary of Swedish renewable energy provider Solör Bioenergi Group has announced that it has entered into an agreement to acquire the shares in the Norweigan district heating company Glåmdal Bioenergi AS (GBAS) from Karl Holm, GIR, and Bjørns Transport AS (photo courtesy Solör Bioenergi).

GBAS operates a biomass heating plant with associated district heating networks at Skarnes in Sør-Odal municipality. The plant annually delivers approximately 4 Gwh of fossil-free district heating.

The current owners have built up the facility for several years and Solør Bioenergi now wants to develop the business further in close collaboration with local authorities and customers. Sør-Odal municipality is also a large customer with, among other things, schools and nursing homes connected to the district heating network.

The development of district heating at Skarnes has taken place in good collaboration between GBAS and the municipality and has all the way supported the municipality’s growth and climate goals in a good way. Green, renewable energy is now also being delivered for heating the municipality’s new school. We hope that the new owners will also find it economical to supply the town hall and other activities on the other side of Glomma with district heating based on residual products from the local forest and forest industry. The fact that the company now gets new ownership with a local connection, Solør-Odal is a well-established regional concept, we welcome and we look forward to good and constructive cooperation with the new owners, said Knut Hvithammer, Chairman of the Council Board in Sør-Odal municipality.

The investment in district heating has been, and is, very important for achieving overall climate goals and has phased out significant amounts of fossil fuels. In addition, district heating releases a lot of electrical capacity, which reduces society’s investments in the electricity grid and releases electricity for better purposes than space heating.

Since the start in 2003, Solör Bioenergi has developed into a leading player in renewable energy in Norway and Sweden. At present, the company has more than 2.2 TWh in total energy deliveries. As the Norwegian part of the business is headquartered in Kirkenær, and operates a heating plant in Nord Odal, Solör Bioenergi has good conditions for a close, good and rational operating plan for Glåmdal Bioenergi AS in the future, said Hans M. Moss, chairman of Solør Bioenergi Varme AS.

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