Svartisen Holding AS,
a hydropower company
Hydropower Company
Svartisen Holding AS, a hydropower company based in Oslo, was founded in 2003. The company owns hydropower assets located in both Northern and Southern regions of Norway.
Assets
Svartisen Holding, via its subsidiary Eastern Norge Svartisen AS, holds a long-term lease for 26.1% of Svartisen Hydropower Plant's output. This reservoir hydropower plant is located in Meløy Municipality in Nordland County.
In 2018, Svartisen Holding acquired a 10% stake in Hafslund Produksjon Holding AS, a company that owns four run-of-river hydropower plants and one small-scale hydropower plant, specifically Vamma, FKF, Sarp, Hafslund, and Mago, located in Viken County, mainly in the Glomma River.
Production
Eastern Norge Svartisen AS holds a share in Svartisen hydropower plant, which entitles the company to 620 GWh of renewable electricity production on an average year.
The stake in Hafslund Produksjon Holding AS translates to an annual generation of 350 GWh.
Transparency report
Svartisen group has conducted an analysis to understand its role in promoting human rights and decent working conditions. The summary report is available at this link.