Glitre Energi Produksjon

Glitre Energi Produksjon AS
Company typeMunicipal owned
IndustryPower
Founded1997
HeadquartersDrammen, Norway
Area served
Buskerud
Key people
ProductsHydroelectricity
Revenue NOK 648 million (2006)
NOK 449 million (2006)
NOK 156 million (2006)
ParentGlitre Energi (100%)
Websitewww.glitreenergi.no

Glitre Energi Produksjon (formerly EB Kraftproduksjon AS) is a Norwegian power company that operates 31 hydroelectric power plants, primarily in Buskerud, with total average annual production of 2.3 TWh. The company is owned by Glitre Energi (100%).

History

The company was established on 19 December 1997 under the name EB Kraftproduksjon AS and became part of Glitre Energi during corporate restructuring. In 2016, it was renamed Glitre Energi Produksjon.[1]

On 31 May 2023, following the merger of Glitre Energi and Agder Energi, the company was dissolved and integrated into the new entity Å Energi Vannkraft.[2][3]

Operations

The company operated about 31 wholly or partially owned hydroelectric power plants, with an annual average production of 2.3–2.5 TWh.[4]

These included:  

  • Wholly owned: Mykstufoss, Djupdal, Pikerfoss, Gamlebrofoss, Kaggefoss, Geithusfoss, Gravfoss I & II, Døvikfoss, Hensfoss, Hofsfoss, Begna, Svarttjern.  
  • Partially owned: Embretsfoss (50%), Skollenborg (69.2%), Ustekveikja (31%).[4]

The company operated about 31 wholly or partially owned hydroelectric power plants, with an annual average production of 2.3–2.5 TWh.[1] These included:  

  • Wholly owned: Mykstufoss, Djupdal, Pikerfoss, Gamlebrofoss, Kaggefoss, Geithusfoss, Gravfoss I & II, Døvikfoss, Hensfoss, Hofsfoss, Begna, Svarttjern.  
  • Partially owned: Embretsfoss (50%), Skollenborg (69.2%), Ustekveikja (31%).[1]

Notable plants

  • Mykstufoss Power Station, Rollag municipality – Run-of-river plant, 48 MW capacity, commissioned in the 1960s. Operated by Glitre Energi Produksjon until 2023, when it was transferred to Å Energi Vannkraft.[5]  
  • Gravfoss II Power Station, Modum municipality – 30 MW capacity, in operation since 1996; transferred to Å Energi Vannkraft in 2023.[6]  

Ownership

Glitre Energi Produksjon was a wholly owned subsidiary of Glitre Energi. The parent company was jointly owned by the City of Drammen and Buskerud County Municipality through Vardar AS.[1]  

Financials

In 2006, the company reported revenues of NOK 648 million, operating income of NOK 449 million, and net income of NOK 156 million.[7]

Legacy

After the 2023 merger, the company’s hydropower plants became part of Å Energi’s portfolio. Å Energi today operates around 72 power stations with a total annual hydropower generation of 11.3 TWh, making it one of Norway’s largest renewable energy groups.[8]

See also

References

  1. ^ a b c d Cite error: The named reference wikiNO was invoked but never defined (see the help page).
  2. ^ "We are finally Å Energi". Å Energi. 1 July 2022. Retrieved 7 September 2025.
  3. ^ "Merger of Agder Energi and Glitre Energi". Alpha Corporate Finance. Retrieved 7 September 2025.
  4. ^ a b Cite error: The named reference wikiNO2 was invoked but never defined (see the help page).
  5. ^ "Mykstufoss kraftverk". Wikidata. Retrieved 7 September 2025.
  6. ^ "Gravfoss II kraftverk". Wikidata. Retrieved 7 September 2025.
  7. ^ Cite error: The named reference wikiEN was invoked but never defined (see the help page).
  8. ^ "We are finally Å Energi". Å Energi. Retrieved 7 September 2025.


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