Statoil will sell its 50% stake in Sarepta Energi, which owns five wind projects under development in mid-Norway, to local electricity generator Trønder Energi Kraft (TEK).
The company will also sell four wind projects totalling 480MW in Finnmark, in the extreme northeastern corner of Norway, to Finnmark Kraft.
“We are now in a process where we want to sharpen our focus where we believe we can contribute most,” says Ståle Tungesvik, senior vice president of renewables at Statoil.
“Offshore
