Hafslund ASA said it plans an investment of 450 million Norwegian kroner, or about 56.3 million euros, in a combined heat and power (CHP) plant in Sarpsborg, Norway.
Hafslund has entered a long term agreement with Borregaard AS, a chemical industry subsidiary of the Orkla ASA group, regarding delivery of heat over 15 years to Borregaard’s process plant in Sarpsborg.
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