Offshore Energy
  • news
  • test
JobsNewsletter
Offshore Energy logo
Topics
  • News
  • Contracts & Tenders
  • Authorities & Government
  • Automation
  • Business & Finance
Network
  • Dredging Today
  • NavalToday
  • Offshore Energy
  • Offshore Wind
  • Maritieme Vacaturebank
Company
  • Advertising
  • Newsletter
  • Jobs

© 2026 Navingo. All rights reserved.

Home›Business & Finance›Norway: ANDRITZ HYDRO Increases Shareholding in Hammerfest Strøm
Business & Finance

April 24, 2012 · about 14 years ago

Norway: ANDRITZ HYDRO Increases Shareholding in Hammerfest Strøm

Earlier this year ANDRITZ HYDRO increased its shareholding in Hammerfest Strøm AS and became the majority shareholder in the Company. Other major shareholders are the Spanish utility company Iberdrola and the local Norwegian utility company Hammerfest Energi. The company will operate under the name

1 minutes read
  • LinkedIn
  • X
  • Email

Earlier this year ANDRITZ HYDRO increased its shareholding in Hammerfest Strøm AS and became the majority shareholder in the Company. Other major shareholders are the Spanish utility company Iberdrola and the local Norwegian utility company Hammerfest Energi. The company will operate under the name of ANDRITZ HYDRO Hammerfest with immediate effect.

Managing Director of ANDRITZ HYDRO Hammerfest, Stein Atle Andersen, says:

“We are very pleased to see ANDRITZ HYDRO increases its stake in the Company. ANDRITZ HYDRO, part of the international ANDRITZ GROUP, is a strong industrial player and will ensure the future technical, industrial and commercial development of ANDRITZ HYDRO Hammerfest”

The Company installed a 1000kW turbine, named HS1000, at the European Marine Energy Centre in December 2011. HS1000 was feeding the grid already in February 2012.

The HS1000 turbine is based on the technology tested in a 300kW prototype which was installed in Northern-Norway and became the world’s first tidal current turbine to be connected to a public grid in 2004.

[mappress] Subsea World News Staff , April 24, 2012; Image: ANDRITZ HYDRO Hammerfest

Reach the Offshore Energy industry in one go!

Offshore Energy is read by thousands of professionals every day.

Increase your visibility with banners, tell your story with a branded article, and showcase your expertise with a full-page company profile in our business directory.

CONTACT

Follow Offshore Energy on:

Filed under

Business & FinanceOperations & Maintenance

Home of Energy Transition

Join thousands of industry professionals who start their day with our newsletter.

Trending Now

  1. 1ADES jack-up rig pair lines up drilling jobs in Nigerian and UK waters
  2. 2Odfjell Drilling’s rig remaining with Norwegian oil & gas operator for another year
  3. 3Karoon boosts Brazilian field’s oil output with all wells now online
  4. 4TotalEnergies offloading Mexican shallow water block to Grupo Carso

Related articles

FPSO Cidade de Itajaí; Source: Altera Infrastructure
Business & Finance

Karoon boosts Brazilian field’s oil output with all wells now online

20 days ago

Illustration; Source: TotalEnergies
Business & Finance

TotalEnergies offloading Mexican shallow water block to Grupo Carso

20 days ago

Home of Energy Transition

Join thousands of industry professionals who start their day with our newsletter.

Subscribe free

Related news

FPSO Cidade de Itajaí; Source: Altera Infrastructure
Business & Finance

Karoon boosts Brazilian field’s oil output with all wells now online

20 days ago
Illustration; Source: TotalEnergies
Business & Finance

TotalEnergies offloading Mexican shallow water block to Grupo Carso

20 days ago