Lofotkraft

Lofotkraft

Infobox Company
name = Lofotkraft Holding AS

type = Municipal owned
genre =
foundation =
founder =
location_city = Svolvær
location_country = Norway
location =
locations =
area_served = Lofoten
key_people = Arnt Marelius Winther (CEO)
Ragnar Johannes Bjørgaas (Chairman)
industry =
products =
services =
revenue = NOK 160 million (2006)
operating_income = NOK 58 million (2006)
net_income = NOK 43 million (2006)
owner = Six municipalities
num_employees =
parent =
divisions =
subsid =
slogan =
homepage = [http://www.lofotkraft.no www.lofotkraft.no]
footnotes =
intl = yes

Lofotkraft is a power company that operates the power grid in Lofoten, Norway as well as ten hydroelectric power plants through the subsidiary Lofotkraft Produksjon. Since 1998 retailing of power has been managed by Kraftinor, a joint venture with Narvik Energi. It also owns half of Lofotkraft Vind, along with Narvik Energi.

The company is owned by the six municipalities it operates the power grid in, Vestvågøy (41%), Vågan (41%), Flakstad (6.5%), Moskenes (6.5%), Værøy (3%) and Røst (2%).


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