{"id":1144,"date":"2020-10-21T15:04:05","date_gmt":"2020-10-21T13:04:05","guid":{"rendered":"http:\/\/haavind.local\/en\/2020\/10\/21\/haavind-assists-hydro-in-the-establishment-of-a-new-power-giant\/"},"modified":"2022-07-21T12:50:59","modified_gmt":"2022-07-21T12:50:59","slug":"haavind-assists-hydro-in-the-establishment-of-a-new-power-giant","status":"publish","type":"post","link":"https:\/\/haavind.stage01.dekodes.no\/en\/haavind-assists-hydro-in-the-establishment-of-a-new-power-giant\/","title":{"rendered":"Haavind assists Hydro in the establishment of a new power giant"},"content":{"rendered":"\t
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Haavind assists Hydro in the establishment of a new power giant<\/h1>\n\n

Congratulations to Hydro and Lyse with the establishment of Lyse Kraft. The establishment of this new power giant marks a new chapter in Norwegian industrial history. <\/p>\n\t\t\t\t\t\t\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t21 October, 2020 \u00b7 3 min. reading time<\/span>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\n
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\n\t\t\t\t\t\tNicolai Heyerdahl<\/span>\n\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/a><\/div>\n\t\t\t\t
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Congratulations to Hydro and Lyse with the establishment of Lyse Kraft. The establishment of this new power giant marks a new chapter in Norwegian industrial history. <\/p>\n\n\n

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\nhttps:\/\/haavind.stage01.dekodes.no\/content\/uploads\/sites\/2\/2020\/10\/Hydro-Lyse-ENG.mp4<\/a><\/video><\/div>\n<\/div><\/figure>\n\n\n\n

The merger between two central players in Norwegian Industry results in a new power giant with  9.5 TWh of renewable energy production in its portfolio, thus becoming Norway\u2019s third largest provider. The merger creates a solid foundation for further development of key players within Norwegian Industry. <\/strong><\/p>\n\n\n\n

-We congratulate Hydro and Lyse with the establishment Lyse Kraft DA. This represents a new and important chapter in the history of the Norwegian Industry, says Haavind partner Aksel Tannum.<\/p>\n\n\n\n

Haavind has assisted Hydro throughout the process, with interdisciplinary legal and strategic advice.<\/p>\n\n\n\n

-This transaction provides Hydro with strategic access to renewable energy for Norwegian aluminum production in the coming decades, says Haavind partner Bj\u00f8rn Olav Torpp.<\/p>\n\n\n\n

-The energy sector is complex, but by using cross functional expertise from various departments in Haavind, we have contributed to find a good solution and facilitated the collaboration between Hydro and Lyse throughout the process, says Torpp.<\/p>\n\n\n\n

Facts about the merger:<\/p>\n\n\n\n