Sognekraft

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Sognekraft AS
Type Private
Founded 1947
Headquarters Flag of Norway Vik, Norway
Area served Sogn og Fjordane
Key people Terje Bakke Nævdal (CEO)
Erling Stadheim (Chairman)
Industry Power
Revenue NOK 195 million (2006)
Operating income NOK 78 million (2006)
Net income NOK 31 million (2006)
Website www.sognekraft.no

Sognekraft is a power company that operates four hydroelectric power stations as well as the power grid in Balestrand, Leikanger, Luster, Sogndal and Vik in Norway. Annual average production is 436 GWh.

The company is owned by Bergenshalvøens Kommunale Kraftselskap (44.44%), Luster Energiverk (12.91%) as well as the municipalities of Vik (19.79%), Sogndal (10.98%), Luster (6.88%), Balestrand (2.50%) and Leikanger (2.50%).