Statkraft and Södra Cell Folla enter into long-term power agreement

17.03.2011 08.00 | pressrelease

Pulp plant Södra Cell Folla

(Oslo, 17 March 2011) Statkraft has entered into a long-term energy agreement with the pulp plant Södra Cell Folla. The agreement runs through 2018, and comprises a volume of approx. 100 GWh annually.

The agreement between Statkraft and Södra Cell Folla AS secures stabile and predicable prices throughout 2018 for the cornerstone company in Follafoss.

”We are very pleased with having finalised a commercial power agreement that secures competitive prices and predictability, and which secures the jobs at the Follafoss plant,” says Olav Vold, plant manager at Södra Cell Folla.

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

About Statkraft:
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.

About Södra Cell Folla:
Södra Cell Folla is located in Follafoss in Verran municpality in Nord-Trøndelag County, and manufactures 100 000 tonnes of chemical thermo mechanical pulp annually, used in milk cartons, soft paper and newsprint. The plant has almost 60 employees and is a part of Sweden’s Södra Group.