About the Nordkraft Group
Nordkraft, established in 1913, is an energy group that focuses on the development, construction, production and distribution of pure renewable energy.
Our main business areas are:
- Renewable energy production that comes from reservoir-fed hydropower plants and small-scale hydropower plants (~925 GWh), in addition of being the operator of external wind power plants and hydropower plants. In total Nordkraft operates renewable energy plant with a total output of ~1,4 TWh with additional volume to be added in 2020.
- Project development from greenfield to fully operational plants within renewable energy and related business. Total of 15 hydropower plants and 3 wind farms have developed and constructed over the last 10 years.
- Operation and owner of the power grid system in Narvik municipality.
The Group also has shareholdings in power-sales and other energy-related businesses.
Head office in Narvik with ~130 employees. Annual report 2018 (PDF, 6MB).
| EBITDA | NOK 276 m |
|---|---|
| Total assets | NOK 2.890 m |
| Municipality of Narvik | 50.01 % |
|---|---|
| Jämtkraft* | 28.00 % |
| Hålogaland Kraft* | 16.16 % |
| Troms Kraft* | 5.33 % |
* All publicly owned energy-companies
