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Norway

Europe’s largest onshore wind power project to be built in Central-Norway

Statkraft, TrønderEnergi and the European investor consortium Nordic Wind Power DA will join forces to realise Europe’s largest onshore wind power project in Central-Norway, comprising six onshore wind farms, with a combined capacity of 1000MW. The total investment in the wind farms amounts to approximately EUR 1.1bn. Construction will commence in Q2 2016 and commissioning […]

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Statnett buys main transmission grid from BKK Nett

Statnett SF and BKK Nett AS have entered into an agreement concerning the sale of BKK Nett’s existing and new main transmission grid to Statnett, including construction of a new power line on the Kollsnes – Mongstad – Modalen section. The background for the transaction is that the EU’s Third Energy Market Package is expected […]

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NORDIC INVESTMENT BANK: NIB finances silicon technology improvement programme in Norway

Photo: Elkem AS The Nordic Investment Bank (NIB) and Norwegian silicon supplier Elkem AS have signed a euro-denominated eight-year loan agreement totalling NOK 373.7 million (approximately EUR 41 million – the amount is to be specified at the moment of disbursement) to modify three electric arc furnaces in two of Elkem’s production plants, and to finance the company’s R&D programme […]

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