Vendor assistance services related to the sale of Fredrikstad municipality's 51 % ownership in Fredrikstad Energi AS to Å Energi AS

Deal typeTransaction Services
IndustryNatural Resources & Energy
Sub-industryRenewables and power
Client nameSkandinaviska Enskilda Banken AB
BDO has provided Vendor assistance services to Skandinaviska Enskilda Banken AB related to the sale of Fredrikstad municipality's 51 % ownership in Fredrikstad Energi AS to Å Energi AS.

Fredrikstad Energi AS is an energy company with approximately 60 employees. The company operates the power grid in several municipalities in the Østfold region. Moreover, the company holds a 60 % ownership stake in Nettpartner, one of the leading Norwegian contractors within electrical infrastructure.

The acquisition will strengthen Å Energi's position as Norway's largest renewable energy group.