About
Founded in 1960, Drangedal Kraft AS is a private headquartered in Drangedal, Norway specializing in Hydro.
Drangedal Kraft AS has a long history of electricity production in the Suvdølavassdraget watershed. The company operates four hydroelectric power stations: Suvdøla Kraftstasjon (completed 1960), Suvdal Kraftstasjon (2004), Nye Suvdøla Kraftverk (2019), Buvasselva Kraftverk (2023, ~4 GWh), and Kvennåi Kraftverk in Fjågesund (2025, 4 GWh). Total annual production is approximately 65 GWh, representing 65% of the local supply region's consumption. The company also operates broadband services through its fiber network, serving over 2,750 customers with approximately 90% market share in the municipality. Drangedal Kraft is organized under a holding company structure established in 2020 to comply with Norwegian energy law requirements for corporate separation of network and production operations.
Headquarters
Drangedal, Norway
Founded
1960
Company Type
Private
Business Models
Value Chain
Service Regions
Drangedal municipality, Norway