HelgelandsKraft

Infobox Company
company_name = AS Helgelandskraft
company_
company_type = Municipal owned
foundation = 1964
founder =
location = flagicon|Norway Mosjøen, Norway
key_people = Ove Arnstein Brattbakk (CEO)
Nils Magnar Johnsen (Chairman)
area_served = Helgeland
industry = Power
products = Hydroelectricity
District heating
services =
revenue = profit NOK 1,074 million (2006)
operating_income = NOK 263 million (2006)
net_income = NOK 151 million (2006)
num_employees = 237 (2006)
parent = 14 municipalities
subsid =
homepage = [http://www.helgkraft.no helgkraft.no]
footnotes =
international = yes

HelgelandsKraft is a power company that serves Helgeland in Norway. It owns eight hydro electric power plants with average annual production of 678 GWh as well as the power grid in the fourteen municipalities of Helgeland, that also own the company. It also operates district heating in Mo i Rana and a private equity company.

The company is owned by the municipalities of Alstahaug (10,1 %), Brønnøy (9,6 %), Dønna (4,4 %), Grane (2,5 %), Hattfjelldal (2,5 %), Hemnes (7,0 %), Herøy (3,8 %), Leirfjord (3,2 %), Nesna (4,6 %), Rana (26,8 %), Sømna (3,2 %), Vefsn (18,3 %), Vega (2,8 %) and Vevelstad (1,2 %).

History

The companies roots date back to 1895 when Båsmo Gruber installed the districts first electric generator. In 1907 the first hydroelectric power plant was built in Helgeland, at Revelfossen in Tverråga. Through a number of mergers between the various municipal power companies AL Helgeland Kraftlag was created in 1964. Because of new regulations in the 1990s it was transformed to a limited company.

Power plants

* Sjona power plant, 224 GWh
* Grytåga power plant, 240 GWh
* Fagervollan power plant, 56 GWh
* Kaldåga power plant, 62 GWh
* Forsland power plant, 28 GWh
* Langfjord power plant, 33 GWh
* Ildgrubfossen power plant, 28 GWh
* Andåsfossen power plant, 6,5 GWh