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.
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| The Raudal reservoir in Øvre Otta | ||
E-CO Energi is Norway's second largest producer of hydroelectricity with a mean annual production of 9.7 TWh and a production capacity of approx. 2 800 MW. READ MORE
NEWS:
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Press release 8/14
The owners of Norsk Grønnkraft AS ("Norsk Grønnkraft" or the "Company") have entered into an agreement to sell the Company
to Aquila Capital ("Aquila").
Press release 07/14
E-CO Energi reported a net YTD profit after tax of MNOK 403, down MNOK 219 year-on-year. The decline is first and foremost
due to lower power prices. Once again this year, hedging has helped ensure that the Group obtained a higher selling price
than the spot price on Nord Pool. The decision to build the Rosten Power Plant was taken in Q3.
Press release 06/14
E-CO Energi earned an H1 profit after tax of MNOK 299 in 2014, compared with MNOK 504 last year. The decline is largely ascribable
to lower prices. Power production was 100 GWh lower than in H1 2013.
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Watch this film about hydro power production, the Nordic power market and a presentation of E-CO Energi.
