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.
|EBITDA||NOK 276 m|
|Total assets||NOK 2.890 m|
|Municipality of Narvik||50.01 %|
|Hålogaland Kraft*||16.16 %|
|Troms Kraft*||5.33 %|
* All publicly owned energy-companies