Aker Solutions Acquires Norwegian Hydropower Company Rainpower to Strengthen Renewables Portfolio
March 30, 2022 – Aker Solutions has agreed to acquire Rainpower Holding AS ("Rainpower"), a leading technology provider to the hydropower industry. The acquisition builds on Aker Solutions’ growth strategy and will further strengthen its offering within renewables. Aker Solutions sees strong industrial synergies in further developing Rainpower into an innovative hydropower technology company to optimize hydropower developments and operations.Rainpower develops, produces and delivers hydropower turbines, control systems and associated equipment for clients and projects worldwide. The company