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Company: Statkraft (Norway)
Company: StatoilHydro (Norway)
M&A Type: Divesture
Amount: $741 million

Norwegian energy companies Statkraft and StatoilHydro joined forces to develop a 315-megawatt, offshore wind farm off the coast of Norfolk in the UK. The wind farm will consist of 88 turbines and is planned to start production in 2011.

Shaun Curry | AFP | Getty Images