Energy transition

Expanding fossil-free energy production

Investment Areas Green Power

Our portfolio of green power companies

Based on more than a century of hydropower production, we are looking to expand our green energy portfolio. As the world is shifting away from fossil fuels, we are looking to capitalize on our competence and history to develop more sustainable energy sources.

Vergia

Established early in 2022, Vergia is an Arendals Fossekompani initiative that combines all existing green infrastructure projects and related portfolio companies in a new entity. Vergia is a strategic green energy enabler leveraging in-house competence with strategic partners to develop infrastructure projects in alternative verticals within the energy transition sphere.

Portfolio company since

2022

Employees

5

Revenue (MNOK)

N/A

EBITDA (MNOK)

N/A

vergia.com
01 vergia

AFK Vannkraft

AFK Vannkraft generates power at two locations in the Arendal watercourse. The Bøylefoss and Flatenfoss hydropower plants produce on average more than 500 GWh annually.

Portfolio company since

1896

Employees

20

Revenue (MNOK)

373

EBITDA (MNOK)

298

afkvannkraft.no
AFK Vannkraft
02 vannkraft

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
03 ampwell

Get in touch

Ingunn etterstol

Ingunn Ettestøl

Chief Sustainability Officer (CSO)

Send email +47 924 47 306
Håkon 4

Håkon Tanem

Executive Vice President

Send email +47 416 86 671