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HelgelandsKraft
HelgelandsKraft is a power company that serves Helgeland in Norway. It owns eight hydro electric Power Plants with average annual production of 678 GWh as well as the power grid in the fourteen municipalities of Helgeland, that also own the company. It also operates district heating in Mo i Rana and a private equity company. The company is owned by the municipalities of Alstahaug (10,1%), Brønnøy (9,6%), Dønna (4,4%), Grane (2,5%), Hattfjelldal (2,5%), Hemnes (7,0%), Herøy (3,8%), Leirfjord (3,2%), Nesna (4,6%), Rana (26,8%), Sømna (3,2%), Vefsn (18,3%), Vega (2,8%) and Vevelstad (1,2%). History The companies roots date back to 1895 when Båsmo Gruber installed the district's first electric generator. In 1907 the first hydroelectric power plant was built in Helgeland, at Revelfossen in Tverråga. Through a number of mergers between the various municipal power companies AL Helgeland Kraftlag was created in 1964. Because of new regulations in the 1990s it was transformed to ...
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Mo I Rana
Mo i Rana () is a List of towns and cities in Norway, city, and the administrative centre of the Municipalities of Norway, municipality of Rana, Norway, Rana, in Nordland county, Norway. It is located in the Helgeland region of Nordland, just south of the Arctic Circle. Some of the city's suburbs include Båsmoen and Ytteren in the north, Selfors in the east, and Åga/Hauknes/Dalsgrenda in the south. The name "Mo i Rana" (English: ''Mo in Rana, Norway, Rana'') distinguish it from other places named Mo (other)#Places, Mo (including the town of Mosjøen, also located in Helgeland). The city's postal address was "Mo 8600" until 1999, when it was changed to "Mo i Rana 8600". Today, the postal address is "8622 Mo i Rana". The city has a population (2018) of 18,866 and a population density of . This makes it the largest city in Helgeland, and the second largest city (after Bodø (town), Bodø) in Nordland county. Name Directly translated, the name ''Mo i Rana'' means "Mo in ...
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Private Equity
In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a type of ownership of assets ( financial equity) and is a class of assets (debt securities and equity securities), which function as modes of financial management for operating private companies that are not publicly traded in a stock exchange. Private-equity capital is invested into a target company either by an investment management company (private equity firm), or by a venture capital fund, or by an angel investor; each category of investor has specific financial goals, management preferences, and investment strategies for profiting from their investments. Each category of investor provides working capital to the target company to finance the expansion of the company with the development of new products and services, the restructuring ...
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Vega, Norway
Vega is a municipality in Nordland county, Norway. It is part of the Helgeland traditional region. The administrative centre of the municipality is the village of Gladstad. Other villages include Holand and Ylvingen. The municipality comprises about 6,500 islands in the Vega Archipelago. The main island of the municipality is the island of Vega, and it is also the largest at . Bremstein Lighthouse is located in the southwestern part of the municipality. The municipality is the 314th largest by area out of the 356 municipalities in Norway. Vega is the 320th most populous municipality in Norway with a population of 1,175. The municipality's population density is and its population has decreased by 6.4% over the previous 10-year period. General information The municipality of Vega was established on 1 January 1838 (see formannskapsdistrikt law). On 1 January 1965, the Skogsholmen area (population: 196) was transferred from Tjøtta Municipality to Vega Municipality. Then on ...
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Vefsn
Vefsn ( sma, Vaapste) is a municipality in Nordland county, Norway. It is part of the Helgeland traditional region. The administrative centre of the municipality is the town of Mosjøen (population: 9,843). Some of the notable villages in Vefsn include Drevvassbygda, Elsfjord, and Husvik. The municipality is the 41st largest by area out of the 356 municipalities in Norway. Vefsn is the 92nd most populous municipality in Norway with a population of 13,233. The municipality's population density is and its population has decreased by 0.2% over the previous 10-year period. History The municipality of Vefsn was established on 1 January 1838 (see formannskapsdistrikt law). In 1862, the vast eastern district of Vefsn (population: 921) was separated from Vefsn to become the new municipality of Hattfjelldal. This left Vefsn with 5,051 residents. In 1876, the town of Mosjøen (population: 379) was separated from Vefsn to become a separate municipality. This left Vefsn with 4,672 residen ...
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Sømna
Sømna is a municipality in Nordland county, Norway. It is part of the Helgeland traditional region. The administrative center of Sømna is the village of Vik i Helgeland. Other villages in the municipality include Dalbotn, Sund, Vennesund, and Berg. The oldest boat remains ever found in Norway (''Haugvikbåten'' - 2,500 years old) was discovered in a bog in Sømna. Sømna has some of the best agriculture in the region. Dairy and beef cows as well as grains are produced in Sømna. There is also a dairy in Berg that produces milk and cheese. The municipality is the 301st largest by area out of the 356 municipalities in Norway. Sømna is the 280th most populous municipality in Norway with a population of 1,981. The municipality's population density is and its population has decreased by 2.8% over the previous 10-year period. General information The municipality of ''Vik'' was established on 1 January 1901 when it was separated from the large municipality of Brønnøy. The i ...
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Rana, Norway
Rana is a municipality in Nordland county, Norway. It is part of the Helgeland traditional region. The administrative centre of the municipality is the town of Mo i Rana, which houses the National Library of Norway. Other population centers in Rana include Båsmoen, Dunderland, Eiteråga, Flostrand, Hauknes, Mæla, Myklebustad, Nevernes, Røssvoll, Selfors, Skonseng, Storforshei, Utskarpen, and Ytteren. The municipality is the 4th largest by area out of the 356 municipalities in Norway (the largest municipality outside Troms og Finnmark county). Rana is the 45th most populous municipality in Norway with a population of 26,092. This makes it the second largest municipality in Nordland county—and the third largest in North Norway. The municipality's population density is and its population has increased by 1.7% over the previous 10-year period. Rana was a part of the Terra Securities scandal in 2007 relating to some investments that were made by the municipality. Gen ...
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Nesna
Nesna is a municipality in Nordland county, Norway. It is part of the Helgeland traditional region. The administrative centre of the municipality is the village of Nesna. Other villages in Nesna include Handnesneset, Husby, Saura, and Vikholmen. The municipality consists of the three islands Tomma, Hugla (known as "Hugløy" by its inhabitants), and Handnesøya, and one peninsula that bears the name of the municipality, Nesna. The old Husby Estate is headquartered in Husby on Tomma island. The Coastal Express arrives two times a day at the village of Nesna, the northbound arrives 05:30 and the southbound 11:15. The village of Nesna is also home to Nordland's education center Nesna University College, and there is also the KVN High School, and Nesna Church. The municipality is the 309th largest by area out of the 356 municipalities in Norway. Nesna is the 296th most populous municipality in Norway with a population of 1,698. The municipality's population density is and ...
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Leirfjord
Leirfjord is a municipality in Nordland county, Norway. It is part of the Helgeland traditional region. The administrative centre of the municipality is the village of Leland. Other villages in Leirfjord include Bardalssjøen and Sundøy. The large Helgeland Bridge is partly located in the municipality, connecting it to Alstahaug Municipality and the town of Sandnessjøen. The municipality is the 213th largest by area out of the 356 municipalities in Norway. Leirfjord is the 264th most populous municipality in Norway with a population of 2,257. The municipality's population density is and its population has increased by 7.1% over the previous 10-year period. General information The municipality of Leirfjord was established on 1 July 1915 when it was separated from the municipality of Stamnes. Initially, the municipality had 2,003 residents. In 1945, a small part of Nesna Municipality (population: 45) was merged into Leirfjord. During the 1960s, there were many municipal mer ...
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Herøy, Nordland
Herøy is a municipality in Nordland county, Norway. It is part of the Helgeland traditional region. The administrative centre of the municipality is the village of Silvalen. The municipality is located about west of the town of Sandnessjøen. The municipality is the 343rd largest by area out of the 356 municipalities in Norway. Herøy is the 290th most populous municipality in Norway with a population of 1,825. The municipality's population density is and its population has increased by 6.7% over the previous 10-year period. General information The municipality of Herøy was established in 1864 when it was separated from Alstahaug Municipality. Initially the population of Herøy was 2,438. On 1 July 1917, the northern district of Herøy (population: 1,530) was separated from Herøy to become the new municipality of Nordvik. This left Herøy with 2,555 residents. During the 1960s, there were many municipal mergers across Norway due to the work of the Schei Committee. O ...
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Hemnes
Hemnes is a municipality in Nordland county, Norway. It is part of the Helgeland traditional region. The administrative centre of the municipality is the village of Korgen. Other villages include Bjerka, Bleikvasslia, Hemnesberget, and Sund. The municipality sits south of the Ranfjorden and stretches south and east toward the border with Sweden. The Nordland Line and European route E6 cross Hemnes on their way to the town of Mo i Rana about to the northeast. The E6 highway enters Hemnes from the west through the Korgfjell Tunnel from Vefsn. The municipality is the 49th largest by area out of the 356 municipalities in Norway. Hemnes is the 194th most populous municipality in Norway with a population of 4,420. The municipality's population density is and its population has decreased by 3.6% over the previous 10-year period. General information This municipality was established in 1839 when the old municipality of Rana was divided into ''Sør-Rana'' and Nord-Rana, shortly af ...
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Hattfjelldal
Hattfjelldal ( sma, Aarborte) is a municipality in Nordland county, Norway. It is part of the Helgeland traditional region. The administrative centre of the municipality is the village of Hattfjelldal. Other villages include Grubben, Svenskvollen, and Varntresk. Hattfjelldal Airfield is located in the village of Hattfjelldal. The municipality is the 20th largest by area out of the 356 municipalities in Norway. Hattfjelldal is the 313th most populous municipality in Norway with a population of 1,273. The municipality's population density is and its population has decreased by 12.6% over the previous 10-year period. Hattfjelldal is one of the last strongholds for the seriously endangered Southern Sami language. It was also one of the municipalities in Norway involved in the Terra Securities scandal. General information The municipality of Hattfjelldal was established in 1862 when it was separated from the large municipality of Vefsn. The initial population of Hattfjelldal wa ...
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Grane, Nordland
is a municipality in Nordland county, Norway. It is part of the Helgeland traditional region. The administrative centre of the municipality is the village of Trofors. There are several other villages including Fallmoen, Leiren, Majavatn, and Strendene. European route E6 highway and the Nordland Line run through the municipality from south to north. The municipality is the 37th largest by area out of the 356 municipalities in Norway. Grane is the 302nd most populous municipality in Norway with a population of 1,461. The municipality's population density is and its population has increased by 0.4% over the previous 10-year period. General information The municipality of Grane was established on 1 July 1927 when it was separated from the large municipality of Vefsn. Initially, Grane had 1,746 residents. The municipal boundaries have not changed since then. Name The municipality (originally the parish) is named after the old ''Grane'' farm ("Grane" 1661), since the first churc ...
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