Nordkraft, established in 1913, is an energy group that focuses on the development, construction, production and distribution of pure renewable energy.
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 %|
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.