Meriaura Group: Energy offering expands with acquisition
Meriaura Group expanded its renewable energy capabilities by acquiring Rasol, a supplier of photovoltaic systems. We consider the acquisition to be reasonably priced. The acquisition will support near-term earnings prospects and provide additional opportunities for long-term value creation. As part of the Meriaura Group, Rasol will have better resources to implement larger energy projects.
Meriaura Group
Meriaura Group has two business areas: Maritime Logistics and Renewable Energy. Meriaura transports dry cargo and executes demanding project deliveries in Northern Europe. The company offers CO2 reducing marine transport services based on the use of recycled, in-house produced bio-oil. Meriaura Energy designs and delivers clean energy production solutions for district heating and industrial use worldwide, with Europe as the main market area.
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