E-CO Energi earned satisfactory results in 2014. Consolidated operating revenues totalled MNOK 2 863, compared with MNOK 3 228 in 2013. The average selling price was 0.271 NOK/kWh, compared with 0.323 NOK/kWh in 2013. The net profit for the year was MNOK 713, compared with MNOK 876 last year. The Board of Directors proposes a dividend of MNOK 740.
Search the site
P. O. Box 255 Sentrum
C. J. Hambros plass 2 C, Oslo
Tel: + 47 24 11 69 00
Fax: + 47 24 11 69 01
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.
|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
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.