Arendals Fossekompani ASA

Reframed focus areas for 2025 As a noted company, Arendals Fossekompani ASA must report according to Corporate Sustainability Reporting Directive. This directive aims to support the EU's goal of becoming carbon neutral by 2050 and to enhance the flow of sustainable investments. 🌱 “Of course, reporting does not improve the condition of the Earth, but transparency, strategy, targets and KPIs keeps companies honest and motivated to do the right thing,” says Ingunn Ettestøl, Chief Sustainability Officer at Arendals Fossekompani. Check out our latest article to learn more about our strategic focus areas, and how our approach to sustainability spans in both phases of our activity as a company. 👇 https://lnkd.in/dSirdsjb

Meet Camilla 👋 Camilla Ellefsen is a Project Manager at Arendals Fossekompani ASA overseeing the construction of one of Arendals Fossekompani`s biggest investments, the building of a new hydropower plant, Kilandsfoss. Camilla's educational journey can be characterized by two words, adaptability and passion. Initially drawn to nutrition physiology, she soon redirected her focus toward engineering—a field that ultimately resonated more with her professional aspirations and deep interest in renewable energy. 🌱 For more details about Kilandsfoss Hydropower plant, look here: https://lnkd.in/dmWWZ_AY

Last week, our CEO Benjamin Golding, and EVP Ann-Kari Heier, attended NHO’s yearly conference in Oslo. A main topic discussed at the event was competitiveness. Threats like declining productivity, high absenteeism, and lack of available expertise. Competition from China and the US were also highlighted in many of the presentations. “In light of the recent Draghi-report, the conference’s theme of competitiveness is very timely. Driving innovation, securing access to risk capital and increasing workforce participation are all key elements in building competitive strength and also highly relevant topics for our work at Arendals Fossekompani ASA,” says Golding. “I found it particularly inspiring to listen to Jacob Wallenberg talk about the history and purpose of Wallenberg Investments and the Wallenberg Foundations. And to hear Helge Lund describe how the business community, academia, and public authorities in Denmark are working together to create long-term value in companies like Novo Nordisk. It was also an energy boost to hear Jens Stoltenberg optimism and engagement,” says Heier. A warm thank you to the conference coordinators, speakers and sponsors. 🤝 📸 credit: NTB Kommunikasjon

2024 in Review Another eventful year is coming to an end. Here are some of the 2024 highlights at Arendals Fossekompani ASA.👇 https://lnkd.in/gSBb9E3X

ENRX: Behind the Tech💡 Our portfolio ENRX Group is represented in more than 80 countries and holds over 1,200 patents for induction technology. By bringing out the best of induction technology, the company is determined to speed up the journey to cleaner and greener manufacturing and mobility. To learn more about the history of ENRX, and how inductive heating works, check out our newest article below. 👇 https://lnkd.in/dF7gdYGM

Utilizing Artificial Intelligence   Every few months, Arendals Fossekompani ASA and our portfolio companies communications teams meet up to share experiences and support a continued dialogue amongst each other. For these digital meetings, we often bring in external speakers to broaden our knowledge on relevant topics in marketing and communications. 💡    For our final gathering in 2024, we invited Creative Director, Morten Lervaag Jacobsen, from Hekt to share key takeaways around practical use of Artificial Intelligence within communication and PR. Morten did an excellent job showing the technologies progression and gave us practical tips on how to utilize AI in the most effective manner. 👏     Arendals Fossekompani has 2700 employees running operations in 24 countries around the world. 🌍 As an active owner, we are pleased to have the opportunity to bring our portfolio companies together to share knowledge and enhance the performance of the Group. 🙌 ENRX Group, Volue, NSSLGlobal, Tekna (OSE:TEKNA), Factlines, Veyt, Utel

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Kilandsfoss progress report: Site visits🏗️   The building site for the future Kilandsfoss hydropower plant has seen a fair share of visitors these past few weeks. Most recently, the board of Kilandsfoss AS, CSO at Arendals Fossekompani, Ingunn Ettestøl, Mayor of Froland Municipality, Inger-Lene Håland, and Mayor of Åmli Municipality, Hans Fredrik Tangen, visited the construction site together with project leaders to discuss its progress. Currently, the area where the power station will be located is almost ready with the necessary groundwork and the present focus is on completing the foundation and the dam around the segment gate. "Froland Municipality views Kilandsfoss AS as an important investment both for contributing to the production of more renewable energy and for securing future revenues for the municipality," says Håland.   "It is great that we as a municipality can contribute to new green energy production through our ownership in Kilandsfoss AS. We in Åmli are very proud of this! We expect this to be a long-term and profitable investment for Åmli Municipality. Additionally, as the host municipality, we will receive secure and stable revenues starting from the commissioning of the power plant," says Tangen. Kilandsfoss hydropower plant is scheduled to start production of electricity in 2026 providing renewable energy for generations. 🌱 Partners in the Kilandsfoss project are the municipalities of Froland and Åmli, each with one-third ownership.

Portfolio company Cellect Energy partners with Green Flexibility🤝 green flexibility, a leading player in Germany's battery energy storage system (BESS) sector, has partnered with Cellect Energy, selecting their comprehensive asset management platform for Green Flexibility's ambitious +8 GW energy storage project pipeline. "This collaboration with Green Flexibility is an important step for both Cellect Energy’s growth and the ongoing development of the energy storage industry. We are excited about the progress Cellect is making in improving asset management for energy storage. Working with Green Flexibility shows how Cellect’s technology and expertise can help meet the increasing need for efficient and scalable energy storage solutions," says Magnus Johansen, Chairman for Cellect and Business Developer for Arendals Fossekompani ASA. This landmark partnership underscores Cellect Energy's position as a leading provider of asset management solutions for utility-scale BESS projects. provider of asset management solutions for utility-scale BESS projects. Click below to read the full release.👇 https://lnkd.in/g_qAmeMh

Portfolio company ENRX Group enters into agreement with InductEV to establish industry standards for wireless EV charging technology ⚡ 🗨️ By partnering with InductEV, ENRX is making an important move in shaping the future of wireless inductive EV charging. ENRX is applying its decades of experience in induction technology to build and drive new growth for the business. Together, ENRX and InductEV are working to set industry standards that will support the broader energy transition, says Benjamin Golding, CEO at Arendals Fossekompani and Chair of ENRX. Through this first-of-its-kind collaboration, ENRX and InductEV aim to accelerate the widespread adoption of wireless inductive charging technology in the transport sector, benefiting all with enhanced ease of use, compatibility, and reliability. Read more: https://lnkd.in/guTC8SCN