Countries

Global flag icon
Global
Albania flag icon
Albania
Brazil flag icon
Brazil
Chile flag icon
Chile
France flag icon
France
Germany flag icon
Germany
India flag icon
India
Ireland flag icon
Ireland
Netherlands flag icon
Netherlands
Netherlands flag icon
Netherlands
Norway flag icon
Norway
Peru flag icon
Peru
Spain flag icon
Spain
Sweden flag icon
Sweden
Turkey flag icon
Turkey
United Kingdom flag icon
United Kingdom
United States flag icon
United States

Statkraft and Norske Skog enter into long-term power supply agreement

23 Dec, 2010

Statkraft entered into a long-term power supply contract with Norske Skogindustrier ASA for delivery to the newsprint mill at Skogn in Nord-Trøndelag. The contract involves delivery of about 0.8 TWh power per year for the period of 1 January 2011 and through to 31 December 2022.

 

Statkraft is satisfied with the long-term power agreement with Norske Skogindustrier ASA for the newsprint mill at Skogn. As a main supplier to the Norwegian energy-intensive industry, it is important that Statkraft comes forward with competitive and commercial power supply agreements that offer predictability for both parties.

 

This agreement is in addition to the recently made agreement with ferrosilicon producer Finnfjord AS in Troms. From 2011 Statkraft supplies about 20 TWh of power yearly to the Norwegian and Scandinavian energy-intensive industry. The deliveries amount to about a third of Statkraft's total power generation.

 

 

 

 

Statkraft is Europe's leader in renewable energy. The group develops and generates hydropower, wind power, gas power and district heating, and is a major player on the European energy exchanges. Statkraft has more than 3 200 employees in more than 20 countries.

 


For additional information:
Spokesperson  Knut Fjerdingstad, +47 24 06 71 61 /  +47 901 86 310

 

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)