Statkraft and Wacker Chemie Norway AS enter into long-term power agreement

25.05.2011 08:00 | pressrelease

Wacker Chemie Norway

Wacker Chemie Norway in Holla near Trondheim, Norway. -Photo: Scanpix

(Oslo, 25 May 2011) – Statkraft has entered into a new long-term power agreement with silicon metal producer Wacker Chemie Norway.

Today Statkraft signed a new long-term power agreement with silicon metal producer Wacker Chemie Norway in Holla near Trondheim, Norway. The agreement comprises a total volume of 3.7 TWh until the end of 2020.

Statkraft is a main energy supplier to the industry, and delivers a volume of more than 20 TWh annually to the Norwegian and Nordic power-intensive industry. These deliveries currently comprise about one third of the Statkraft Group’s total energy generation.

About Statkraft:
Statkraft is Europe's leader in renewable energy. The Group develops and produces hydropower, wind power, gas power and district heating, and is a major player on the European energy exchanges. Statkraft has 3,300 employees in more than 20 countries.

About Wacker Chemie Norway:
Wacker Chemie Norway is a 100 percent subsidiary of Wacker Chemie AG, a globally operating chemical company headquartered in Munich, Germany. With a wide range of state-of-the-art specialty products, WACKER is a leader in numerous industrial sectors. Its products support countless high-growth end-user sectors such as photovoltaics, electronics, pharmaceuticals and household/personal care products. The WACKER Group posted total sales of about EUR 4.75 billion in 2010, of which some 80 percent were generated outside Germany. WACKER employs approximately 16,300 people at 26 production sites in Europe, the Americas and Asia, and about 100 sales offices worldwide.