Offshore Energy
  • Fossil Energy
  • Subsea
  • Alternative Fuels
  • Hydrogen
  • Marine Energy
  • More news
JobsNewsletter
Offshore Energy logo

Your trusted source for global offshore energy news, part of the Navingo network.

Topics
  • Fossil Energy
  • Subsea
  • Alternative Fuels
  • Hydrogen
  • Marine Energy
Network
  • Offshore Energy
  • Offshore Wind
  • NavalToday
  • Dredging Today
Company
  • Advertising
  • Newsletter
  • Jobs
  • Report your news
  • Privacy

© 2026 Navingo. All rights reserved.

Home›Subsea›Norway: ANDRITZ HYDRO Increases Shareholding in Hammerfest Strøm
Subsea

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

SubseaBusiness & FinanceOperations & Maintenance

Daily Offshore Energy News in Your Mailbox

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

Trending Now

  1. 1Eni sheds partial stakes in Indonesian gas assets as Pertamina and Medco bolster portfolios
  2. 2New wind for hydrogen-electric shipping as GMI-PowerCell collaboration expands to four bulk carriers
  3. 3AI, next-gen tech, and maritime decarbonization on RINA- China Merchants Energy Shipping pact’s agenda
  4. 4Stena Drilling’s 18-year-old drillship is on its way to Namibia

Daily Offshore Energy News in Your Mailbox

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

Subscribe free