Facts about TrønderEnergi

TrønderEnergi is a business group which comprised the parent company, TrønderEnergi AS, and subsidiaries: TrønderEnergi Kraft AS, TronderPower Ltd., TrønderEnergi Nett AS, TrønderEnergi Marked AS, Loqal AS, Nidit AS, TrønderEnergi Invest AS, TrønderEnergi Service AS and Osaelva Kraftverk AS.

TrønderEnergi Kraft AS is responsible for electricity generation and sales. TronderPower is responsible for the construction of a hydropower plant in Bugoye in Uganda. The objects of Osaelva Kraftverk AS are to establish and operate wind farms and to carry on other activities related to environmentally friendly generation and transmission of electrical energy.

TrønderEnergi Nett AS is responsible for power transmission, as well as the construction, operation and maintenance of regional and local power distribution grids.

TrønderEnergi Marked AS is responsible for product and services development, as well as power sales.

Loqal AS’s operations comprise the sale, construction and operation of future broadband networks serving private individuals and businesses in Central Norway.

Nidit is an IT company offering system management services (ASP/remote operations), technical consultancy and sales of computer equipment and supplies.

TrønderEnergi Invest AS manages an industrial portfolio of investments, and participates as an active investor in several of the companies in its industrial portfolio.

TrønderEnergi Service AS is responsible for customer service on behalf of TrønderEnergi Nett AS og TrønderEnergi Marked AS.

Ståle Gjersvold is the Group’s President and CEO. EVP Energy Leidulv Gagnat is general manager of TrønderEnergi Kraft, Erling Legran is general manager of TronderPower Ltd. EVP Grid Operations Knut Ivar Nyhaug is general manager of TrønderEnergi Nett AS, Marketing Director Cathrine Tronstad is general manager of TrønderEnergi Marked AS, Alf Egil Husby is general manager of Loqal AS. Svein Haugen is acting general manager of Nidit AS, EVP Investment Tommy Olsen is general manager of TrønderEnergi Invest AS and Charlotte Wulff is general manager of TrønderEnergi Service AS. Leidulv Gagnat is general manager of Osaelva Kraftverk AS.

TrønderEnergi is owned by 22 local authorities in Sør-Trøndelag as well as Nordmøre Energiverk AS, while several of the subsidiaries are wholly owned by TrønderEnergi AS. TronderPower Ltd. is 27.8 per cent owned by Norfund. Nidit is owned 49 per cent by the company’s own employees.

In addition, the parent company or one of the subsidiaries holds more than 20 per cent of the shares in a further ten companies. TrønderEnergi Kraft AS owns 100 per cent of Osaelva Kraftverk AS, 75 per cent of Driva Kraftverk, 35 per cent of Kraftverkene i Orkla, and 34 per cent of EnerGuide. TrønderEnergi Nett AS owns 33.3 per cent of Stamnett Fosen, while TrønderEnergi Invest AS owns 33.4 per cent of Vigor AS and 23 per cent of MerPellets AS.

TrønderEnergi also owns 49 per cent of Nordmøre Energiverk AS.