What is "helgelandskraft"

HelgelandsKraft is a power company that serves Helgeland in Norway. It owns eight hydro electric Power Plants with average annual production of 678 GWh as well as the power grid in the fourteen municipalities of Helgeland, that also own the company. It also operates district heating in Mo i Rana and a private equity company.

The company is owned by the municipalities of Alstahaug (10,1%), Brønnøy (9,6%), Dønna (4,4%), Grane (2,5%), Hattfjelldal (2,5%), Hemnes (7,0%), Herøy (3,8%), Leirfjord (3,2%), Nesna (4,6%), Rana (26,8%), Sømna (3,2%), Vefsn (18,3%), Vega (2,8%) and Vevelstad (1,2%).