Energy Transition Today - Statkraft Sells Indian Assets To Serentica For Strategic Focus

Statkraft, Europe’s largest producer of renewable energy, has entered into an agreement to sell part of its renewable energy portfolio in India to Serentica Renewables. This transaction involves a 1.5 GWp capacity in Rajasthan, consisting of an operational solar plant and a variety of solar and wind projects in different developmental stages. The move aligns with Statkraft's strategy to focus investments on core markets in Europe and South America, reinforcing their commitment to the global energy transition. Meanwhile, Serentica, a burgeoning Indian renewable energy player, aims to enhance its role in India’s green energy push by incorporating Statkraft's assets to deliver reliable green power solutions.

In other market news, Chandra Daya Investasi (IDX:CDIA) was a notable mover up 9.7% and ending the day at IDR1,520.00. Meanwhile, Shandong Hi-Speed Holdings Group (SEHK:412) lagged, down 24.2% to close at HK$12.61.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Sources:

• Simply Wall St
• "Statkraft signs agreement to sell renewable energy projects in India to Serentica Renewables " from Statkraft AS on GlobeNewswire (published 15 September 2025)

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