Statkraft makes another acquisition in the field of charging infrastructure: The Norwegian state-owned energy company announces the takeover of 51 per cent of the shares of the Swedish provider Bee Charging Solutions. The transaction is expected to close in the second quarter of 2021.
Together with Statkraft’s Swedish charging company Grön Kontakt, Bee Charging Solutions will be merged into one of the largest operators in Sweden called Mer Sweden. Bee Charging Solutions operates more than 2,000 public charging stations in Sweden and has an estimated market share of 15 to 20 per cent.
Statkraft’s charging business will be combined in parallel under one organisation and renamed Mer in the first quarter of 2021. In addition to Sweden, the spun-off business unit will also be active in Norway, Germany and the UK. Head of Mer will be Kristoffer Thoner, who said the following regarding his appointment: “I look forward to taking on the task and together with the rest of the organization as well as our new colleagues in Bee, creating the best and most consumer-oriented electric car charging company in Europe.”
Bee Charging Solutions is in turn owned by three energy companies in Sweden: Öresundskraft, Jämtkraft and Tekniska Verken in Linköping. The company had only recently appointed Alfen as its new supplier for smart charging stations. Both sides signed a framework agreement in January for an initial period of three years.
For Statkraft, the current transaction is not the first investment in eMobility projects. In March 2020, the energy group secured Vattenfall’s UK charging infrastructure business, acquired Norwegian charging company Gronn Kontakt in December 2019, and previously bought German electric mobility system provider E-Wald. Meanwhile, the majority stake in Bee is still subject to approval by the competition authorities.