Fontavis has acquired Norwegian small-scale hydropower portfolio from OBOS: the advisors
The Switzerland based asset manager and investment advisor Fontavis has acquired OBOS Energi, a Norway-based developer and owner of small-scale hydropower plants from OBOS BBL. As per the agreement, the transaction also includes a substantial project pipeline to be developed over the next few years. The transaction is in line with the growth strategy of Fontavis and will enable in building a strong Norwegian operation and diversify its existing portfolio.