Hitecvision and Italian oil giant form Nordic green energy JV

Norway's largest private equity firm and main non-state oil and gas investor, Hitecvision, expands its existing Vår Energi partnership with Italian oil supermajor Eni by forming a new, integrated green power joint venture for the Nordic market.


Giant Norwegian private equity manager Hitecvision and Italian oil supermajor Eni and now expand their existing partnership in Vår Energi with the launch of a new renewable power player.

The two parties thus establish Vårgrønn, a new joint venture meant to develop, build, operate and finance green power projects in the Nordics, the two groups inform in a press statement.

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