SN Power sign cooperation agreement with Tata Power, India

In October, SN Power and the Tata Power Company, one of India’s largest industrial companies, sign an exclusive cooperation agreement to develop hydropower projects in India and Nepal.

SN Power establishes SN Power AfriCA in 2009 to expand activities to Africa and Central America. The subsidiary later changes its name to Agua Imara.

The same year, Statkraft acquire another 10 percent of SN Power and thus become the majority owner.