Troms Kraft acquires a minority interest in Salten Kraftsamband

Troms Kraft acquires 23,67 % of the shares in Salten Kraftsamband AS (SKS) from DONG Energy.

“We want to become co-owners of SKS and Nordkraft to ensure that ownership of two major
northern Norwegian utility companies remains in the region. SKS and Nordkraft are two well-run companies with good earnings and potential. We believe the companies, and from our side, this is therefore along-term investment,” says CEO of Troms Kraft, Oddbjørn Schei, and adds:

“We have a common history, we experience many of the same challenges and we have
complementary expertise. We have much to learn from each other. Together we can help
positively to the development and growth in the energy industry in northern Norway. Our ambition is to establish an equal partnership with the SKS and Norkraft to strengthen both companieslocally, regionally and nationally”.