Cogen operates in the Spanish market, managing a portfolio of more than 14 cogeneration plants with an electric capacity above 260 MW in most relevant industrial sectors; paper, food industry, chemical, textile, cheese manufacturing, and more.
Cogen was founded in 1999 with the objective of developing and operating cogeneration projects and with the commitment of helping the industry to reduce its energy costs, as well as to improve the security and quality in the supply of energy necessary for its industrial processes.
Cogen solutions include 1) Operation and maintenance of cogeneration plants, 2) Energy management and optimization, 3) Investments that increase energy efficiency and 4) Outsourcing of energy assets.
With the Spanish energy reform carried out in 2014, it has become clear that with specialized and efficient management of assets, cogeneration continues to be the most efficient technology to meet industrial processes that simultaneously demand heat and electricity. Cogen builds long-term relationships based on the principles of transparency, independence, commitment and reliability; and offer modular solutions that adapt to the specific needs of each industry.
Arendals Fossekompani (AFK) is an industrial investment company that invests in energy and technology related companies with an international market potential. AFK is also a producer of hydro power, a property developer and a financial investor.
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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 kraftverk AS has a consession to utilize the height of fall between Flatenfoss and Bøylefoss in Nidelva.
Glomsdam hydropower plant is under planning in Glomsdam at the outlet of Fyresvatn in Telemark.
NorSun manufactures and markets high performance products for the global solar energy industry.
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 AS in Kilsund in Arendal is a 8000 square meters property in a sunny location by the sea.