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).

Key figures (2018)
Total assetsNOK 2.890 m
Owned by: 
Municipality of Narvik50.01 %
Jämtkraft*28.00 %
Hålogaland Kraft*16.16 %
Troms Kraft*5.33 %

CEO is Eirik Frantzen.
* All publicly owned energy-companies

Renewable energy production comes from reservoir-fed hydropower plants, small-scale hydropower plants and wind power. The company operates the power distribution grid in Narvik, Ballangen and north Tysfjord, as well as Veggen in the municipality of Evenes.