SN Power is a growing international hydropower company and a commercial investor, developer and operator of hydropower projects in emerging markets. SN Power was established in 2002 as a Norwegian limited company owned by Statkraft (50%) and Norfund (50%). From January 2009 Statkraft increased its share to 60% while Norfund reduced its holdning to 40, following  an agreement concluded between the two owners in 2008. , .

SN Power`s headquarter is in Oslo, Norway. The company  operates hydropower and wind plants in South America and Asia, and is expanding into Africa through a separate subsidiary, SN Power AfriCA.

 

In 2008, SN Power and Norfund joined forces to form the subsidiary SN Power AfriCA. In 2009 the two regional power companies BKK and TrønderEnergi became owners with a combined share of 39 .   SN Power AfriCA`s mission is to explore business opportunities within the  renewable energy sector in Africa and Central America. The company has a goal  of reaching a portfolio of 700 MW of generation capability within 2015.

Long-term Responsible Investor
SN Power is a long-term industrial investor in the hydropower sector. Our business model is based on active ownership, the transfer of Norwegian Hydropower expertise, and responsible, sustainable development of renewable energy. We emphasize close cooperation with all stakeholders - financial, governmental, industrial and particularly local communities. We maintain high social, environmental and ethical standards in all our activities.

Hydropower Expertise
Norway is the world's fifth largest hydropower producer and the only industrialized nation meeting its domestic electricity demand almost exclusively through hydropower. Electricity from hydropower was one of the key factors in transforming Norway from one of the poorest countries of Europe about a century ago, into the industrialized and wealthy nation it is today.

SN Power draws its expertise from Norway`s  long-tradition in hydropower. Our core staff includes experienced Norwegian hydropower engineers as well as individuals with broad international background in energy, infrastructure, manufacturing industries and corporate finance. The business is also underpinned by the owners’ in-depth  hydropower development knowledge and capital.