Skanska will build Nya Nedre Fiskumfoss hydroelectric power plant in Norway. Skanska's customer is Nord-Trøndelag Elektrisitetsverk, NTE. The contract is worth about NOK390 million (US$45.4 million). The order is included in the order bookings for Skanska Nordic in the fourth quarter of 2018.
Construction will begin in March 2019 and be completed in August 2022. The hydropower plant will then produce 382 GWh per year, which can supply 20,000 households with electricity. The project will have a strong environmental focus and pay close attention to the salmon both during construction and after completion.
Country updates
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November 21, 2018
NIB signs financing agreement for 80 MW hydropower project in Norway
NIB has signed a 12-year loan deal with A/S Eidefoss to co-finance the Rosten hydropower plant in Sel, Norway. The NOK 145 million (US$16.9 million) loan finances Eidefoss’ investment in its pa...
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November 15, 2018
Equinor acquires minority shareholding in Scatec Solar ASA
Equinor ASA has acquired 11,020,000 shares in Scatec Solar ASA, corresponding to 9.7 per cent of the shares and votes, at a total purchase price of approximately NOK 700 million (USD 82.4 million1)....
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October 10, 2018
SeaTwirl signs PPA with Haugaland Kraft
SeaTwirl has signed a deal to sell electricity to Haugaland Kraft, a Norwegian power company headquartered in Haugesund, if a site near the city is chosen for the installation of SeaTwirl S2...
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September 28, 2018
Neptune Energy completes acquisition of VNG Norge
Neptune Energy has completed the acquisition of VNG Norge, an integrated oil and gas exploration and production company in Norway. The transaction adds three producing fields, two development pr...
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September 25, 2018
Siemens Gamesa to supply 30 MW wind project in Norway
Eolus Vind AB has signed an agreement with Siemens Gamesa for the delivery of seven wind turbines with a total generation capacity of 30 MW for the Stigafjellet wind project in Norway. The seven...
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