Kyoto Group establishes business unit in Spain, by acquiring Mercury Energy
Oslo, 23 March 2022 – Kyoto Group AS (Kyoto) announces the acquisition of Mercury Energy S.L. from Andrés Barros Borrero, who is also the owner of RPOW Consulting. Mercury Energy will become a subsidiary of Kyoto and a new business unit named Kyoto Technology Spain. The share purchase agreement with Andrés Barros Borrero was signed on 23 March 2022 and Kyoto expects that the transaction will be completed during April or May 2022. The acquisition will significantly strengthen Kyoto’s molten salt capabilities and development capacity, and expand the company’s geographic footprint