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GreenStat AS Brings In New Strategic Investors; AVG Group Sarl
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OSLO, Norway and LUXEMBOURG, July 22, 2021 /PRNewswire/ GreenStat AS ( GreenStat ), a green power producer in Norway, has taken an undisclosed investment from AVG Group Sarl (AVG). The two companies have entered into a strategic relationship in order to expand GreenStat s reach into the US and global markets and for AVG, priority deal flow in renewable energy projects.
AVG Investment Into Clean Hydrogen
GreenStat, as the name suggests, is part of a broad transition in Norway to move from the oil and gas industry to a renewable energy hub. Names such as StatKraft or previously StatOil were operated by the state in order to sustain the energy demands of the nation and export. Now, GreenStat is determined to step in as the leader of renewable energy in the Norwegian market and beyond. Most of their focus is on investments into Hydrogen infrastructure and hydro