HelgelandsKraft is a

power company An electric utility is a company in the electric power industry (often a public utility) that engages in electricity generation and distribution of electricity for sale generally in a regulated market. The electrical utility industry is a major pr ...

that serves

Helgeland Helgeland is the most southerly district in Northern Norway. Generally speaking, Helgeland refers to the part of Nordland county that is located south of the Arctic Circle. It is bordered in the north by the Saltfjellet mountains and Svartise ...

Norway Norway, officially the Kingdom of Norway, is a Nordic country in Northern Europe, the mainland territory of which comprises the western and northernmost portion of the Scandinavian Peninsula. The remote Arctic island of Jan Mayen and t ...

. It owns eight hydro electric Power Plants with average annual production of 678 GWh as well as the

power grid An electrical grid is an interconnected network for electricity delivery from producers to consumers. Electrical grids vary in size and can cover whole countries or continents. It consists of:Kaplan, S. M. (2009). Smart Grid. Electrical Power ...

in the fourteen municipalities of Helgeland, that also own the company. It also operates

district heating District heating (also known as heat networks or teleheating) is a system for distributing heat generated in a centralized location through a system of insulated pipes for residential and commercial heating requirements such as space heating a ...

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 sou ...

and a

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 ty ...

company. The company is owned by the municipalities of

Alstahaug Alstahaug is a List of municipalities of Norway, municipality in Nordland Counties of Norway, county, Norway. It is part of the Helgeland Districts of Norway, region. The administrative centre of the municipality is the town of Sandnessjøen. Som ...

(10,1%),

Brønnøy Brønnøy is a municipality in Nordland county, Norway. It is part of the Helgeland region. The administrative centre and commercial centre of the municipality is the town of Brønnøysund. A secondary centre is the village of Hommelstø. Ot ...

(9,6%),

Dønna Dønna is a List of municipalities of Norway, municipality in Nordland Counties of Norway, county, Norway. It is part of the Helgeland Districts of Norway, region. The administrative centre of the island municipality is the village of Solfjellsj ...

(4,4%), Grane (2,5%),

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, Svens ...

(2,5%),

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. ...

(7,0%), Herøy (3,8%),

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 l ...

(3,2%),

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 Vi ...

(4,6%),

Rana Rana may refer to: Astronomy * Rana (crater), a crater on Mars * Delta Eridani or Rana, a star People, groups and titles * Rana (name), a given name and surname (including a list of people and characters with the name) * Rana (title), a histori ...

(26,8%),

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, an ...

(3,2%),

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 i ...

(18,3%),

Vega Vega is the brightest star in the northern constellation of Lyra. It has the Bayer designation α Lyrae, which is Latinised to Alpha Lyrae and abbreviated Alpha Lyr or α Lyr. This star is relatively close at only from the Sun, an ...

(2,8%) and

Vevelstad Vevelstad 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 Forvika. The municipality is the 199th largest by area out of the 356 m ...

(1,2%).

History

The companies roots date back to 1895 when Båsmo Gruber installed the district's first

electric generator In electricity generation, a generator is a device that converts motive power (mechanical energy) or fuel-based power (chemical energy) into electric power for use in an external circuit. Sources of mechanical energy include steam turbines, gas ...

. In 1907 the first hydroelectric power plant was built in Helgeland, at Revelfossen in

Tverråga Tverråga is a river in the municipality of Rana in Nordland county, Norway. The river flows from lake Tverrvatnet north until it joins the river Ranelva. The river absorbs seven other rivers during its course, the last one by ''Hamaren'' near ...

. 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 a

limited company In a limited company, the liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company. Limited companies may be limited by Share (finance), shares or by guarantee. In a company limited by ...

Power plants

* Sjona Power Plant, 224 GWh * Grytåga Power Plant, 240 GWh * Fagervollan Power Plant, 56 GWh * Kaldåga Power Plant, 62 GWh * Forsland Power Plant, 28 GWh * Langfjord Power Plant, 33 GWh * Ildgrubfossen Power Plant, 28 GWh * Andåsfossen Power Plant, 6,5 GWh

References

{{Authority control Electric power companies of Norway Companies owned by municipalities of Norway Companies based in Vefsn Energy companies established in 1964 1964 establishments in Norway Rana, Norway