HelgelandsKraft is a power company

Power Company

The Power Company was a team of professional superheroes-for-hire in the DC Comics universe. The team, created by Kurt Busiek and Tom Grummett, first appeared in JLA 61,...

 that serves Helgeland

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. The district covers an area of about , with nearly 79,000 inhabitants...

 in Norway

Norway

Norway , officially the Kingdom of Norway, is a Nordic unitary constitutional monarchy whose territory comprises the western portion of the Scandinavian Peninsula, Jan Mayen, and the Arctic archipelago of Svalbard and Bouvet Island. Norway has a total area of and a population of about 4.9 million...

. It owns eight hydro electric Power Plants

Hydroelectricity

Hydroelectricity is the term referring to electricity generated by hydropower; the production of electrical power through the use of the gravitational force of falling or flowing water. It is the most widely used form of renewable energy...

 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

District heating

District heating is a system for distributing heat generated in a centralized location for residential and commercial heating requirements such as space heating and water heating...

 in Mo i Rana

Mo i Rana

Mo i Rana is a town in the municipality of Rana, Nordland, Norway, located just south of the Arctic Circle and in the region Helgeland. The town is called "Mo i Rana" to distinquish it from other places named Mo - most notably the town of Mosjøen, also in Helgeland - though locally the town is...

 and a private equity

Private equity

Private equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....

 company.

The company is owned by the municipalities of Alstahaug

Alstahaug

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

 (10,1 %), Brønnøy

Brønnøy

Brønnøy is a municipality in Nordland county, Norway. It is part of the Helgeland region. The administrative and commercial centre is the town of Brønnøysund. A secondary centre is the village of Hommelstø. Other villages include Tosbotn, Lande, Trælnes, and Indreskomo.The Brønnøysund Register...

 (9,6 %), Dønna

Dønna

Dønna is a municipality in Nordland county, Norway. It is part of the Helgeland region.Outer Helgeland, consists of the municipalities Leirfjord, Alstahaug, Herøy as well as Dønna. The administrative centre of the municipality is the village of Solfjellsjøen. The municipality has a large...

 (4,4 %), Grane (2,5 %), Hattfjelldal

Hattfjelldal

Hattfjelldal 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...

 (2,5 %), Hemnes

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.- Municipality history :...

 (7,0 %), Herøy

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 Herøy. Herøy was separated from Alstahaug in 1862...

 (3,8 %), Leirfjord

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....

 (3,2 %), Nesna

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....

 (4,6 %), Rana

Rana, Norway

Rana is the second largest municipality in Nordland county – and the third largest in North Norway – by population. By area, Rana is largest in Norway south of Finnmark , taking in large areas of mountains and forested valleys. It is part of the Helgeland traditional region...

 (26,8 %), Sømna

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...

 (3,2 %), Vefsn

Vefsn

Vefsn 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....

 (18,3 %), Vega

Vega

Vega is the brightest star in the constellation Lyra, the fifth brightest star in the night sky and the second brightest star in the northern celestial hemisphere, after Arcturus...

 (2,8 %) and Vevelstad

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. -General information:...

 (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

Tverråga

Tverråga is a river which has its outlet in Ranelva, in Rana municipality, county of Nordland, Norway. The river flows from Tverrvatnet. The river absorbs seven other rivers, the last one at Hamaren on Gruben....

. 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

Aksjeselskap

Aksjeselskap is the Norwegian term for a stock-based company. It is usually abbreviated AS or A/S, especially when used in company names. An AS is always a limited company, i.e. the owners cannot be held liable for any debt beyond the stock capital...

.

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