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E-CO Energi AS 
P. O. Box 1050 Sentrum
0104 Oslo
Norway

Visiting address:
C. J. Hambros plass 2 C, Oslo

Tel: + 47 24 11 65 00
Fax: + 47 24 11 65 01

E-mail: energi@e-co.no

Norway's second largest producer of hydroelectricity

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

 

NEWS:

Strong performance for E-CO Energi in 2017

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.

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City of Oslo to combine the ownership of Hafslund and E-CO Energi

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.

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Morten J. Hansen appointed Acting CFO of E-CO Energi

As from 3 January 2018, Morten J. Hansen will take over as Acting Chief Financial Officer (CFO) at E-CO Energi AS, succeeding Stine Rolstad Brenna.

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Annual report 2017


Download E-CO Energi Holding's annual report 2017

 

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Film about E-CO

Watch this film about hydro power production, the Nordic power market and a presentation of E-CO Energi.

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NorthConnect

E-CO Energi is involved in the 1400 megawatt (MW) interconnector NorthConnect. NorthConnect will provide an electrical link between Scotland and Norway, allowing the two nations to exchange power and increase the use of renewable energy.

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