NORWEGIAN firm Statkraft have acquired Glasgow-based UK onshore wind developer Airolution Clean Energy Ltd.
Prior to the takeover, Airvolution had been working exclusively on behalf of Statkraft from October 2017 to identify, secure and bring forward project opportunities in Scotland.
Airvolution’s Glasgow office will be retained by Statkraft, with the firm planning on increasing the size of the building to accommodate the new recruits set to start in September.
David Flood, managing director of Statkraft UK, said, “We have been very impressed with what Airvolution have achieved in a relatively short period of time through our development partnership for Scottish onshore wind projects. Bringing the team in-house is a natural progression of that partnership, significantly strengthening our ability to deliver against our ambitious targets for the UK.”