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Cadre

Oslo, Norway

HydroPrivate
Founded 202250-200 employees400 MW installed

About

Founded in 2022, Cadre is a private headquartered in Oslo, Norway with approximately 50-200 employees specializing in Hydro.

Cadre is a Norwegian hydropower company specializing in small-scale hydroelectric power plants (småkraft). Founded in 2022, the company rapidly established itself as a committed player in Norway's hydropower sector. Cadre owns, operates, and develops small-scale power plants in partnership with landowners across Norway. The company operates 21 efficient power plants and has 40 development projects in pipeline, with a current portfolio of approximately 400 GWh. Cadre's vision is to contribute 2 TWh to Norway's energy production within a few years, equivalent to electricity for approximately 125,000 Norwegian households. The company emphasizes sustainability, working to minimize environmental impact, protect fish life in rivers, preserve biodiversity, and restore areas to their original state. Cadre partners closely with landowners and local communities, structuring lease agreements that secure landowner rights and provide predictable income. Major shareholders include Nordkraft (approximately 48.5%) and HitecVision's New Energy Fund (approximately 48.5%), with approximately 3% held by employees and Suomen Voima.

small-scale hydropowerrenewable energyNorwaysustainabilityfish-friendly solutionslocal partnerships

Headquarters

Oslo, Norway

Founded

2022

Employees

50-200

Company Type

Private

Business Models

B2BIPP

Value Chain

DevelopmentConstructionO&MAsset Management

Service Regions

Norway

Projects

Boenfoss kraftverk

Øvre Tømmerelv

Hjelle kraftverk

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