All subjects
Heat & Power

Solör Bioenergy closes on Swedish bioheat plant deals

Solör Bioenergy closes on Swedish bioheat plant deals
Solör Bioenergy Group owns and operates biomass-fired district heat plants in Norway, and Sweden (photo courtesy Maria G Nilsson).

In Sweden, Solör Bioenergy Group, a leading player in renewable energy based on wood fuels, has announced that it has closed on the acquisition of three district heat companies from compatriot Bussme Energy AB. The transactions are aligned with the Group's growth strategy in district heating.

In total, the acquisition the value of which has not been disclosed, includes two transactions in which Bjäre Biovärme AB, with operations in Förslöv, was completed in December 2023.

The remaining two companies, Munka-Ljungby Biovärme AB, with operations in Munka-Ljungby, and Svedala Fjärrvärme AB, with operations in Svedala, comprise the other transaction that was recently completed.

We think it feels very good that Solör is taking over. We have reached a point where a new actor is needed who can continue to take the companies and associated operations to the next level and develop them in the right direction. We see Solör as the right partner for that. Their existing presence in Skåne makes it feel very good and safe to hand over to them. The whole process has gone smoothly and we and Solör have a consensus on a lot of things, which simplifies things, said Sven Persson, CEO of Bussme Energy.

With the acquisition from Bussme Energy come 180 customers and an annual heat production of 35 GWh at three locations in southern Sweden. The business also produces and sells biochar.

Bussme Energy will continue to be responsible for the operation of the three plants until December 31, 2024.

I think this is fantastic. We are now strengthening our position in southern Sweden. With this acquisition, we also get three plants that can produce biochar, which we see as a very exciting development. This is our second acquisition from Bussme Energy and we can only state that it has been a very smooth and straightforward process, said Anders Pettersson, CEO of Solör Bioenergi Fjärrvärme.

Most read on Bioenergy International

Get the latest news about Bioenergy

Subscribe for free to our newsletter
Sending request
I accept that Bioenergy International stores and handles my information.
Read more about our integritypolicy here