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 enters into a 10-year industrial power agreement with Borregaard

20 May, 2019

Statkraft and Borregaard have entered into a new long-term industrial power agreement for the period 2020 to 2029. The delivery is in total 1.75 TWh, with annual deliveries of about 175 GWh.

The contract will contribute to the supply of power to Borregaard's biorefinery in Sarpsborg.

- Borregaard is an innovative and forward-looking company with considerable consumption of power. Borregaard has long been an important customer for Statkraft, but this is the first major industrial contract we make with them. It is gratifying to enter into another contract with the industry that confirms that Statkraft offers competitive terms and is still a preferred supplier of power to Norwegian industry, says Hallvard Granheim, executive vice president for Markets and IT in Statkraft.

- We are very pleased to renew our cooperation with Statkraft. This agreement is an important element in our long-term work for predictable and stable prices for renewable energy for our biorefinery in Sarpsborg, says CEO in Borregaard, Per A. Sørlie. 

Just recently, Statkraft entered into a similar agreement with aluminium producer Alcoa. 

Contact

contact profile
Knut Fjerdingstad
Media Relations