Clemens Kraft AS

Website

clemenskraft.no

Services

In app support

About Clemens Kraft

Clemens Kraft stands as one of the leading entities within the small-scale hydropower sector in Norway, owning and operating approximately 50 such plants across the country. The company is committed to being a comprehensive group with expertise and service delivery across the entire value chain associated with small-scale hydropower development. This includes critical phases such as project planning, financing, construction, and ongoing operations.

A core principle guiding Clemens Kraft's endeavors is sustainability. Their projects are meticulously designed to be economically viable while ensuring adaptability to local environmental conditions, surrounding communities, and specific regional requirements and interests. This approach reflects a deep respect for both ecological integrity and community engagement.

The group’s foundation is firmly rooted in long-standing Norwegian hydropower traditions, complemented by robust, long-term ownership interests that are closely involved in the company's activities and operational oversight. Notably, Opplysningsvesenets fond (Ovf) holds a controlling stake of 50.1% in Clemens Kraft Holding, bringing a legacy dating back to 1821 and significant land ownership. The remaining 49.9% is owned by CPV/CAP Pensionskasse Coop, the pension fund of the Swiss Coop group, underscoring a blend of national heritage and international investment in renewable energy.

Locations

• Oslo, Oslo