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Kluge assists in establishment of historic hydropower company

Kluge and partner Eeva Kantanen has assisted Norsk Hydro ASA in the transaction with Lyse on establishment of the joint hydropower company Lyse Kraft DA.

The company will be Norway's third largest producer of hydropower, and will be the first hydropower company with private minority ownership established with apportioned liability ("DA") after the amendment in the concession law that opened up for this ownership structure in 2016.

Read more: Hydro.com