E-CO Energi AS
C. J. Hambros plass 2C, Oslo
Post- og fakturaadresse:
E-CO Energi AS
Postboks 1050 Sentrum
Tlf: 24 11 65 00
E-CO i sosiale medier:
E-CO Energi is one of Norway's leading energy groups. Its core activities are the ownership and management of hydropower plants and development of new renewable power projects. The City of Oslo owns 100 % of the parent company, E-CO Energi Holding AS.
E-CO Energi is Norway's second largest producer of hydroelectricity with a mean annual production of nearly 13 TWh and a production capacity of approx. 3 350 MW. READ MORE
The City of Oslo has promoted a proposal to combine the ownership of Hafslund AS and E-CO Energi Holding AS under a new joint parent company that will be 100% owned by the City of Oslo. The proposal was approved by the Oslo City Council on 20 June 2018.
2017 was a very good year for the E-CO Energi Group. Smooth operations, high production availability, successful production management and higher actual power prices, as well as the acquisition of Hafslund Produksjon, contributed to a net profit for the year of MNOK 1 038. Through the acquisition of Hafslund's hydropower production activities, E-CO Energi strengthened its position as Norway's second largest hydropower producer, increasing its mean production to some 14 TWh. The Board of Directors proposes a dividend of MNOK 650.
The City of Oslo has promoted a proposal to combine the ownership of Hafslund AS and E-CO Energi Holding AS under a new joint parent company that will be 100% owned by the City of Oslo. The combined business becomes a significant player in the Norwegian energy industry as Norway's second largest power producer with 13 TWh renewable hydro power production, and Norway's largest grid company with approximately 710,000 customers.