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SN Power takes over Enerpar in Brazil

Hydropower development company SN Power has bought Energias do Paraná Ltda (Enerpar) from Norske Skog Group for BRL120 million (~US$70m).

By Kari Williamson

The deal, which was closed in May, gives SN Power access to annual contracts for 1.2 TWh of hydropower to the end of 2025.

SN Power, which operates exclusively in emerging markets, targets 3 GW of installed hydropower capacity by 2015.

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