CLP’s renewable energy team, lead by Lars Gunnar Aas and Amund Erdal, has acted as legal advisor for Fortum in the ap. EUR 160 million sale of Fortum’s 10% ownership in the hydro production company Hafslund Produksjon Holding AS to Svartisen Holding AS.

Hafslund Produksjon Holding AS operating in south eastern Norway, is the 10th largest hydro producer in Norway, with a production amounted to ap. 3.2 TWH in 2017.

More information on the transaction is available here.