AKER ASA: Aker Horizons strengthens renewables portfolio with entry into hydropower
Aker ASA (“Aker”) announced today that its wholly owned subsidiary Aker Horizons AS (“Aker Horizons”) has entered into an agreement to acquire Rainpower Holding AS (“Rainpower”). Aker Horizons will use Rainpower as a platform to build a next generation technology company to optimize hydropower developments and operations.“Aker Horizons is continuing its planet-positive investing, making strides towards developing a growth platform of integrated renewable technologies with positions in onshore and offshore wind and solar. With increasing demand for power market flexibility and storage