Green Energy

Expanding fossil-free energy production

03 Investment Areas Green Power

Our portfolio of green power companies

Based on more than a century of hydropower production, Arendals Fossekompani is looking to expand its green energy portfolio. As the world is in dire need of more green energy, we are looking to capitalize on our competence and history to develop more fossil-free energy.

Vergia

Established early in 2022, Vergia is a strategic investment company combining in-house competence with strategic partners to develop infrastructure projects in alternative verticals within the energy transition sphere. The Vergia ecosystem includes verticals such as small-scale hydropower, energy parks, power-to-x, solar, offshore wind, batteries, green fuel, and carbon capture.

Portfolio company since

2022

Employees

5

Revenue (MNOK)

N/A

EBITDA (MNOK)

N/A

vergia.com
Vergia logo green rgb
02 Sustainability Responsible Investment

AFK Hydropower

Since the early 1900s, two hydropower plant in the Arendal watercourse have delivered electric power to the industry and households.

Portfolio company since

1896

Employees

20

Revenue (MNOK)

373

EBITDA (MNOK)

298

AFK Hydropower logo
Boylefoss 0037

Ampwell

Ampwell will build an eco-system for battery technology and a Battery-as-a-Service business model.

Portfolio company since

2022

Employees

60

Revenue (MNOK)

N/A

EBITDA (MNOK)

N/A

Ampwell logo
AFK kvinne laboratorium

Get in touch

Ingunn etterstol

Ingunn Ettestøl

Chief Sustainability Officer (CSO)

Send email +47 924 47 306
AFK Morten

Morten Henriksen

Executive Vice President

Send email +47 916 28 871