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7 Key Lessons from London’s Atlantica and Statkraft’s 2025 Renewable Energy Deal in Canada

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In a landmark renewable energy acquisition, London’s Atlantica Sustainable Infrastructure has expanded its footprint in North America by acquiring a significant portfolio of Canadian renewable energy assets from Oslo-based Statkraft. This transaction exemplifies strategies for scaling sustainable businesses and highlights how international players are reshaping the renewable energy sector. Entrepreneurs, startup founders, and business innovators can draw important takeaways from this deal to apply to their ventures.

Key Details of the Acquisition

  • Date: Finalized on August 1, 2025
  • Buyer: Atlantica Sustainable Infrastructure (London, UK)
  • Seller: Statkraft (Oslo, Norway)
  • Included Assets:
  1. 236 MW of operational wind farms
  2. 0.8 GW pipeline of development projects (solar, wind, and hybrid setups)
  3. Enerfín Canada’s talented staff and infrastructure, based in Montreal, with offices in Calgary and Saint-Ferdinand
The strategic acquisition not only strengthens Atlantica’s position in Canada but underscores some key entrepreneurial lessons for those in the renewable energy and startup ecosystems.

7 Lessons and Insights from This High-Impact Deal

  1. Have a Clear Growth Market Focus
  2. Expanding into Canada, Atlantica capitalizes on a region offering long-term renewable energy prospects. Entrepreneurs should look to similarly identify and invest in growing markets that align with their business strengths.
  3. 📌 Bonus Tip: If you’re scouting potential markets, check out the F/MS AI Grant Finder and Application Writer. It identifies EU grant opportunities aligned with your startup’s goals and drafts the application for you. Time-saving and targeted, it ensures startups find the right funding opportunities.
  4. Build Around Existing Infrastructure and Talent
  5. Atlantica’s decision to retain Enerfín Canada’s operational team demonstrates the power of local expertise. This move ensures continuity and leverages prior knowledge to maintain efficiency, a critical startup takeaway.
  6. 🚀 Want to ensure your team grows effortlessly? Learn how to create and manage teams effectively in the Fe/male Switch Startup Simulator.
  7. Diversify Offerings Early
  8. The deal strengthens Atlantica’s portfolio across wind, solar, and energy storage projects. Similarly, for startups, focusing on diverse and synergistic revenue streams can create resilience against market volatility.
  9. Regulatory and Market Alignment is Key
  10. Accessing Canada’s PPA (power purchase agreement)-rich market highlights the importance of working within favorable legal and business environments. Statkraft’s withdrawal contrasts this, showing the need for alignment with regulatory trends.
  11. 🌍 Pro Tip: Interested in expanding globally? Check out startup opportunities in Malta via programs like its Startup Residence initiative.
  12. Leverage Strategic Partnerships
  13. Atlantica fortifies its market presence by inheriting a 0.8 GW development pipeline, effectively accelerating growth. This underscores the benefits of strategic acquisitions or partnerships.
  14. Curious how partnerships work in practice? Use the SANDBOX feature of the Fe/male Switch platform to simulate startup scenarios with co-founders, investors, and mentors!
  15. Stay Agile to Pivot or Exit Weak Markets
  16. Statkraft’s decision to divest from Canada to focus on Spain and Brazil exemplifies strategic agility and focus. Founders must monitor underperforming initiatives and reallocate resources effectively.
  17. Access to Capital and Active Portfolio Management
  18. Deals like this thrive on liquidity. Entrepreneurs should look to bolster their financial structure through funding opportunities, mergers, or new revenue channels.

How Entrepreneurs Can Learn From Atlantica and Statkraft’s Moves

Steps to Apply These Insights:

  1. Identify Key Ecosystem Opportunities:
  2. Platforms like the F/MS AI Grant Finder make it easier to identify market-specific funding or partners for your startup.
  3. Leverage Everyday Tools Like PlayPal:
  4. If you're just starting out, maximize resources like PlayPal, an AI Friend designed to help you plan smarter and faster. Whether you're launching directly or still struggling with your concept, PlayPal acts as an accessible co-founder.
  5. Focus on Validating Ideas:
  6. Experiment with problem validation using the sandbox simulator in the Fe/male Switch Startup Game. By iterating early and often, you avoid costly mistakes.
  7. Understand Legal Landscapes:
  8. Mismanaged agreements can set startups back. Use tools like the AI Startup Lawyer to simplify terms, highlight risky clauses, and avoid unnecessary pitfalls.

Common Mistakes to Avoid

  1. Failing to Vet Acquired Teams:
  2. While integrating staff from Enerfín provided operational continuity for Atlantica, failing to assess cultural fit could backfire in some high-growth scenarios.
  3. Ignoring Regulatory Policies in New Markets:
  4. Statkraft’s Canadian exit acts as a warning: Without clear alignment to policy, growth will stagnate. Entrepreneurs entering new regions must research incentives thoroughly.
  5. Overburdening Financial Resources During Rapid Expansion:
  6. Expansion can drain resources if mismanaged. Entrepreneurs should pace growth, leverage grants like EU funding for startups in 2025, and ensure they have predictable revenue streams.

Deep Industry Trends and Statistics

  1. Global Renewable Energy Investments (2025):
  • Total expected: $500 billion globally
  • Top-focus markets: Canada, U.S., Spain, Brazil
  • Hybrid setups (wind + energy storage) represent 30% of new investments.
  1. Canada’s Renewable Energy Outlook:
  • 65% of energy generation from hydro, but wind is growing at 15% CAGR (2022–2025).
  • Québec and Alberta emerging as prime wind markets.

Must-Try Resource: Get Started with PlayPal

Whether you're validating an idea, drafting applications, or scaling operations, check out PlayPal, a customizable AI co-founder. Learn more about PlayPal for assistance here.
PlayPal, conceptualized by top entrepreneur Violetta Bonenkamp, is built to empower startups by offering a 24/7 conversational partner to brainstorm, draft strategies, and develop SOPs.

Conclusion

Atlantica’s acquisition proves that with the right timing, robust partnerships, and regional strategies, businesses can thrive in the competitive renewable energy market. For entrepreneurs, adapting lessons like market alignment, team integration, and resource optimization can help achieve sustainable growth.
To fast-track your startup towards success, explore innovative tools like AI Grant Finder, PlayPal, and Fe/male Switch's Sandbox to simplify startup complexities. Let tools and strategies empower you on your path to becoming the next change-maker in the market!

FAQ

1. What was the core focus of Atlantica's acquisition from Statkraft?
The acquisition included 236 MW of operational wind farms, a 0.8 GW pipeline of development projects, and Enerfín Canada’s operational team and facilities. Learn more about Atlantica’s acquisition
2. Why did Statkraft sell its Canadian renewables portfolio?
Statkraft divested the Canadian assets to focus on its core markets in Spain and Brazil. Explore Statkraft’s exit
3. What makes Canada an attractive market for renewable energy investments?
Canada offers a stable regulatory environment, growing demand for renewable energy, and a Power Purchase Agreement (PPA)-rich market. Learn about Canada’s energy market potential
4. What assets are included in Atlantica’s newly acquired Canadian portfolio?
The portfolio features operational wind assets, a hybrid pipeline in development, and Enerfín Canada's expert team. Learn more about the transaction details
5. How does this acquisition align with Atlantica’s growth strategy?
Atlantica is expanding its North American footprint and adding diverse renewable projects to its portfolio to optimize long-term returns. Explore Atlantica’s strategy
6. What lessons can entrepreneurs learn from Statkraft’s divestment strategy?
Entrepreneurs should focus resources on high-performing markets and pivot when growth prospects in a market do not align with their core strategy.
7. How did Atlantica ensure operational continuity during the acquisition?
Atlantica retained Enerfín Canada’s experienced team, ensuring local expertise and seamless integration. Learn about workforce integration
8. What industry trends are highlighted by Atlantica’s and Statkraft’s moves?
Key trends include the growing importance of hybrid energy setups, increasing M&A activity in renewables, and the strategic realignment of global energy companies.
9. What are Canada’s top-performing provinces for renewable energy projects?
Québec and Alberta are emerging as key players in wind and hybrid renewable energy markets.
10. How can startups and entrepreneurs apply lessons from this deal?
Startups can focus on market alignment, build strong local teams, and diversify their offerings to achieve sustainable growth. See resources for startups

About the Author

Violetta Bonenkamp, also known as MeanCEO, is an experienced startup founder with an impressive educational background including an MBA and four other higher education degrees. She has over 20 years of work experience across multiple countries, including 5 years as a solopreneur and serial entrepreneur. Throughout her startup experience she has applied for multiple startup grants at the EU level, in the Netherlands and Malta, and her startups received quite a few of those. She’s been living, studying and working in many countries around the globe and her extensive multicultural experience has influenced her immensely.
Violetta is a true multiple specialist who has built expertise in Linguistics, Education, Business Management, Blockchain, Entrepreneurship, Intellectual Property, Game Design, AI, SEO, Digital Marketing, cyber security and zero code automations. Her extensive educational journey includes a Master of Arts in Linguistics and Education, an Advanced Master in Linguistics from Belgium (2006-2007), an MBA from Blekinge Institute of Technology in Sweden (2006-2008), and an Erasmus Mundus joint program European Master of Higher Education from universities in Norway, Finland, and Portugal (2009).
She is the founder of Fe/male Switch, a startup game that encourages women to enter STEM fields, and also leads CADChain, and multiple other projects like the Directory of 1,000 Startup Cities with a proprietary MeanCEO Index that ranks cities for female entrepreneurs. Violetta created the "gamepreneurship" methodology, which forms the scientific basis of her startup game. She also builds a lot of SEO tools for startups. Her achievements include being named one of the top 100 women in Europe by EU Startups in 2022 and being nominated for Impact Person of the year at the Dutch Blockchain Week. She is an author with Sifted and a speaker at different Universities. Recently she published a book on Startup Idea Validation the right way: from zero to first customers and beyond and launched a Directory of 1,500+ websites for startups to list themselves in order to gain traction and build backlinks.

Violetta Bonenkamp's expertise in CAD sector, IP protection and blockchain

Violetta Bonenkamp is recognized as a multidisciplinary expert with significant achievements in the CAD sector, intellectual property (IP) protection, and blockchain technology.
CAD Sector:
  • Violetta is the CEO and co-founder of CADChain, a deep tech startup focused on developing IP management software specifically for CAD (Computer-Aided Design) data. CADChain addresses the lack of industry standards for CAD data protection and sharing, using innovative technology to secure and manage design data.
  • She has led the company since its inception in 2018, overseeing R&D, PR, and business development, and driving the creation of products for platforms such as Autodesk Inventor, Blender, and SolidWorks.
  • Her leadership has been instrumental in scaling CADChain from a small team to a significant player in the deeptech space, with a diverse, international team.
IP Protection:
  • Violetta has built deep expertise in intellectual property, combining academic training with practical startup experience. She has taken specialized courses in IP from institutions like WIPO and the EU IPO.
  • She is known for sharing actionable strategies for startup IP protection, leveraging both legal and technological approaches, and has published guides and content on this topic for the entrepreneurial community.
  • Her work at CADChain directly addresses the need for robust IP protection in the engineering and design industries, integrating cybersecurity and compliance measures to safeguard digital assets.
Blockchain:
  • Violetta’s entry into the blockchain sector began with the founding of CADChain, which uses blockchain as a core technology for securing and managing CAD data.
  • She holds several certifications in blockchain and has participated in major hackathons and policy forums, such as the OECD Global Blockchain Policy Forum.
  • Her expertise extends to applying blockchain for IP management, ensuring data integrity, traceability, and secure sharing in the CAD industry.
For the past several years Violetta has been living between the Netherlands and Malta, while also regularly traveling to different destinations around the globe, usually due to her entrepreneurial activities. This has led her to start writing about different locations and amenities from the POV of an entrepreneur. Here’s her recent article about best hotels in Italy to work from.

About the Publication

Fe/male Switch is an innovative startup platform designed to empower women entrepreneurs through an immersive, game-like experience. Founded in 2020 during the pandemic "without any funding and without any code," this non-profit initiative has evolved into a comprehensive educational tool for aspiring female entrepreneurs.The platform was co-founded by Violetta Shishkina-Bonenkamp, who serves as CEO and one of the lead authors of the Startup News branch. The Fe/male Switch team is located in several countries, including the Netherlands and Malta.

Mission and Purpose

Fe/male Switch Foundation was created to address the gender gap in the tech and entrepreneurship space. The platform aims to skill-up future female tech leaders and empower them to create resilient and innovative tech startups through what they call "gamepreneurship". By putting players in a virtual startup village where they must survive and thrive, the startup game allows women to test their entrepreneurial abilities without financial risk.

Key Features

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  • Skill Lab: Micro-modules covering essential startup skills
  • Virtual Startup Building: Create or join startups and tackle real-world challenges
  • AI Co-founder (PlayPal): Guides users through the startup process
  • SANDBOX: A testing environment for idea validation before launch
  • Wellness Integration: Virtual activities to balance work and self-care
  • Marketplace: Buy or sell expert sessions and tutorials

Impact and Growth

Since its inception, Fe/male Switch has shown impressive growth:
  • 3,000+ female entrepreneurs in the community
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Partnerships

Fe/male Switch has formed strategic partnerships to enhance its offerings. In January 2022, it teamed up with global website builder Tilda to provide free access to website building tools and mentorship services for Fe/male Switch participants.

Recognition

Fe/male Switch has received media attention for its innovative approach to closing the gender gap in tech entrepreneurship. The platform has been featured in various publications highlighting its unique "play to learn and earn" model.