Developing green-tech companies

Arendals Fossekompani is a green-tech investment company that owns energy- and technology-related companies which enable the transition to a green economy.

1896

Year founded

2200

Employees

27

Countries

4807

Revenue (MNOK)

457

EBITDA (MNOK)

Environment, Social, Governance

Arendals Fossekompani is the result of sustainable choices through generations.

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Investments

Arendals Fossekompani, AFK, is a green-tech investment company that owns energy- and technology-related companies which enable the transition to a green economy. AFK is also a producer of hydropower, a property developer and a financial investor.

Alytic

Alytic develops data-driven companies. Capitalizing on the experience from transforming similar businesses, Alytic will serve as a new growth arena for AFK.

Cogen Energia

Cogen Energia builds and operates cogeneration power plants for higher energy efficiency, reduced CO2-emissions and increased competitiveness.

EFD Induction

EFD Induction delivers advanced green power technology based on induction technology throughout the world.

NSSLGlobal

NSSLGlobal is an independent provider of satellite communications and IT support that delivers high-quality voice and data services across the globe.

Tekna

Tekna is a globally leading supplier of materials for 3D printing in the aerospace, medical and automotive sectors. Tekna's advanced nanomaterials are set to make an impact in electronics and batteries industries.

Volue

Volue is an international provider of business-critical software and technology services for power generation, power transmission and distribution, and infrastructure.

Bøylefoss Hydropower Plant

For more than 100 years, Bøylefoss Hydropower Plant has delivered electric power to the industry and households.

Flatenfoss Hydropower Plant

Flatenfoss is situated between Nelaug and Bøylefoss in Nidelva (the Arendal river). The power plant came in to operation in 1927.

Kilandsfoss (PROJECT)

Kilandsfoss kraftverk AS has a consession to utilize the height of fall between Flatenfoss and Bøylefoss in Nidelva.

Glomsdam (PROJECT)

Glomsdam hydropower plant is under planning in Glomsdam at the outlet of Fyresvatn in Telemark.

Norselab

Norselab is Norway’s leading co-founder for meaningful technology startups.

NorSun

NorSun manufactures and markets high performance products for the global solar energy industry.

Financial Investments

AFK has several financial investments in listed and unlisted securities.

Gullknapp Aerial Center

AFK is the principal owner of Gullknapp Aerial Center, a test and competence center for drones, education of pilots and an airport.

Vindholmen Eiendom (Bryggebyen)

At Vindholmen, three kilometers outside Arendal city center, Arendals Fossekompani converts an old maritime business area into a new living district.

Steinodden Eiendom

Steinodden Eiendom AS in Kilsund in Arendal is a 8000 square meters property in a sunny location by the sea.

Bedriftsveien 17

The industrial building in Arendal is the headquarters of Scanmatic.

News

BoD proposes cash dividend of NOK 30

AFK has recently released substantial capital, and the Board of Directors is therefore proposing a cash dividend of NOK 30 per share to be paid in May 2021.

Opening bell rang for Tekna at Euronext Growth Oslo

Tuesday marks the first day of trading of the Tekna Holding share on Euronext Growth Oslo.

Contemplated private placement and listing of Tekna Holding on Euronext Growth

AFK sells its shareholding in Victoria Eiendom and Eiendomsspar

Arendals Fossekompani has sold shares worth more than NOK 800 million in Victoria Eiendom and Eiendomsspar.

Successful issuance of NOK 500 million unsecured green bonds

Arendals Fossekompani ASA (AFK) has successfully issued NOK 500 million in unsecured green bonds. The bonds have a 7-year tenor and was priced at a fixed coupon of 2.615%.

Solid fourth quarter from Arendals Fossekompani

Arendals Fossekompani reported revenues of NOK 1.014 million in the fourth quarter of 2020. An operating profit of NOK 71 million is 4.5 per cent higher than in the same quarter of 2019.

Alytic looking to hire top executives

Alytic is looking to hire two top executives: Chief Data Officer and Technology Investment Director.

Ettestøl nominated for energy industry award

Ingunn Ettestøl, Head of Sustainability at Arendals Fossekompani, is nominated for the Norwegian «Power Woman of the Year» award.

Kontali initiates expansion phase

Based on increased demand and a new growth strategy, Kontali is looking to expand staff by 65 per cent.

AFK invests in battery technology

Arendals Fossekompani takes part in MNOK 125 capital investment round in battery technology company Beyonder.

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