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.
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 % |
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.
