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
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:
 |
||
By merging Norway's second largest electricity generator E-CO Energi and largest power grid operator Hafslund Nett, the City of Oslo has created Norway?s leading integrated power group.
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.
 |
||
Watch this film about hydro power production, the Nordic power market and a presentation of E-CO Energi.
 |
||
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.
