Sognekraft information

Sognekraft AS

Company type	Private
Industry	Power
Founded	1947
Headquarters	Vik, Norway
Area served	Sogn og Fjordane
Key people	Terje Bakke Nævdal (CEO) Erling Stadheim (Chairman)
Revenue	NOK 195 million (2006)
Operating income	NOK 78 million (2006)
Net income	NOK 31 million (2006)
Website	www.sognekraft.no

Sognekraft is a power company that operates four hydroelectric power stations as well as the power grid in Balestrand, Leikanger, Sogndal and Vik in Norway. Annual average production is 436 GWh.

The company is owned by Bergenshalvøens Kommunale Kraftselskap (44.44%), Luster Energiverk (12.91%) as well as the municipalities of Vik (19.79%), Sogndal (10.98%), Luster (6.88%), Balestrand (2.50%) and Leikanger (2.50%).

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