Haugaland Kraft

What Haugaland Kraft does

Haugaland Kraft is a privately held Norwegian regional energy and telecommunications utility headquartered in Haugesund that serves residential, business, and housing-cooperative customers in the Haugaland region of Western Norway. The group operates through two wholly-owned subsidiaries — Haugaland Kraft Energi AS for energy services and Haugaland Kraft Fiber AS for fiber connectivity — and delivers electricity supply, district heating (Fjernvarme), and fiber-based internet and TV through a long-standing partnership with Altibox. Beyond commodity supply, the product portfolio includes smart-home energy management (Mitt Hjem), smart electric vehicle charging (KraftPlugg), grid-issue reporting (NettOpp), and segment-specific bundles for housing cooperatives (Borettslag/sameie) and holiday homes (På hytta).

The company runs a primarily B2C go-to-market executed through a regional direct-service channel, a customer portal (Min side), and a customer-benefits program (HK Kundefordel, including the Heit Sauna sub-brand). Infrastructure assets — owned fiber, district heating plant, and grid-facing customer relationships — form the operational backbone, while Altibox provides the connectivity platform layer and module-level add-ons (Wifi Overalt, Trygg). Revenue mechanics are not publicly disclosed in the source material, but the structure is consistent with utility retail (per-kWh tariffs), recurring connectivity subscriptions, district heating tariffs, and ancillary service fees. The company employs 251-500 staff and maintains a public careers page and governance disclosures but has no disclosed funding rounds, acquisitions, or external private equity ownership, operating as a self-contained regional utility group.

Name

Haugaland Kraft

Legal name

Haugaland Kraft AS

Website

https://hkraft.no

Company type

Private

Founded year

1909

Operating status

Operating

Headcount range

251–500 employees

Short description

Haugaland Kraft is a privately held Norwegian regional utility headquartered in Haugesund that supplies electricity, district heating, and fiber-based internet and TV to residential, business, and housing-cooperative customers across the Haugaland region of Western Norway.

Ownership category

akta.pro rank

Headquarters

HQ city

Haugesund

HQ country

Norway

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Infrastructure, Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales

Distribution channels1 record

Marketing channels2 records

Core offering

Haugaland Kraft is a regional Norwegian utility that sells electricity supply contracts (Strøm), fiber-based internet and TV subscriptions delivered through its Altibox partnership, and district heating (Fjernvarme) to residential and business customers in the Haugaland region. It supplements these core utilities with smart home energy management (Mitt Hjem), EV smart charging (KraftPlugg), specialized services for housing cooperatives (Borettslag/sameie), and cabin-focused products, all managed through a self-service online portal (Min side).

Product overview

Haugaland Kraft is a regional energy and telecommunications company serving the Haugaland area of Norway. The company offers a portfolio of energy products (electricity supply and district heating) combined with fiber-based internet and TV services primarily through its Altibox partnership. Additional services include smart home management (Mitt Hjem), EV smart charging (KraftPlugg), and solutions for housing cooperatives and cabins. The product lineup comprises core offerings (electricity, district heating, internet/TV via Altibox) alongside digital add-on modules like Altibox Wifi Overalt, Altibox Trygg security package, and KraftPlugg smart charging.

Differentiator

Problem solved

Functional benefit

Brands

• Altibox: Internet and TV services offered through partnership with Altibox
• KraftPlugg
• Mitt Hjem
• Heit Sauna

Products and services

• Strøm (Electricity) Electricity supply service for residential and business customers in the Haugaland region, offered with multiple contract types including Norgespris (regulated Norwegian pricing).
• Internett og TV (Internet and TV) Fiber-based broadband internet and television service for residential and business customers, delivered through Haugaland Kraft's partnership with Altibox including WiFi solutions.
• Fjernvarme (District Heating) District heating service distributing centralized heat to residential and business customers in the Haugaland region.
• Borettslag/sameie Specialized energy and connectivity services tailored for housing cooperatives and shared residential communities (borettslag/sameie).
• På hytta (Cabin Products) Energy and connectivity products specifically designed for cabins and holiday homes.
• Mitt Hjem (My Home) Digital home management platform that enables residential customers to monitor and control their energy usage.
• KraftPlugg Smart charging solution for electric vehicles that helps users control and optimize charging.
• NettOpp Network reporting and improvement service that lets customers report and track issues with street lighting and the power grid.
• Altibox Wifi Overalt Whole-home WiFi coverage solution providing seamless internet connectivity across the residence, delivered via the Altibox partnership.
• Altibox Trygg Online security package providing additional internet safety and protection for customers, delivered via the Altibox partnership.

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• AltiboxcoreTechnology or IntegrationAltibox partnership for fiber internet and TV services, including Altibox Wifi Overalt and Altibox Trygg security services

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Telenor: Telenor is Norway's incumbent telecom operator offering mobile, broadband and TV services nationally. As a large national broadband/TV provider, it competes for the same household connectivity budget that Haugaland Kraft addresses through its Altibox fiber offering.
• Fortum (Norway operations): Fortum is a large Nordic energy group with Norwegian operations in electricity retail and generation. As a major national retailer, it competes for the same end customers as Haugaland Kraft's electricity supply business across Norway, including the Haugaland region.
• Statkraft: Statkraft is Norway's state-owned power producer and one of Europe's largest renewable energy generators. It operates at vastly larger scale than Haugaland Kraft but shares the core power production, energy trading and grid-services activities that anchor Haugaland Kraft's energy business.

Direct peers

• NTE: NTE (Nord-Trøndelag Elektrisitetsverk) is a regional Norwegian energy group providing power production, electricity retail, fiber broadband and telecom services. It is a directly comparable multi-vertical regional utility peer to Haugaland Kraft.
• Eviny (formerly BKK): Eviny is a major Western Norway energy group providing electricity, district heating, fiber broadband and EV charging, headquartered in Bergen. It mirrors Haugaland Kraft's integrated energy + fiber + heating + e-mobility service mix in the same broader region of Norway.
• Lyse: Lyse is a Norwegian energy and telecom group operating in the Stavanger/South-Western Norway region, combining power production, district heating and fiber broadband (notably through its ownership stake in Altibox). It is the most directly comparable peer to Haugaland Kraft due to the same energy + Altibox fiber business model.
• TrønderEnergi / Trøndelag Kraft: TrønderEnergi (and its subsidiary Trøndelag Kraft) is a regional power producer and supplier in mid-Norway, with electricity retail and energy services similar to those offered by Haugaland Kraft in the Haugaland region.
• Skagerak Energi: Skagerak Energi is a regional Norwegian utility group covering power production, grid, electricity retail and fiber services in the Grenland/Vestfold region. It is structurally similar to Haugaland Kraft as a mid-sized, multi-vertical regional energy and broadband provider.
• Agder Energi: Agder Energi is a regional power and fiber utility on Norway's southern coast, combining electricity production, grid operations, retail and broadband. Comparable in scale and integrated service model to Haugaland Kraft.

Others

• Altibox (Lyse Tele): Altibox is the fiber and TV platform operated by Lyse and used by partner utilities including Haugaland Kraft to deliver broadband services. It is the upstream platform and brand behind Haugaland Kraft's internet/TV products, making it a critical ecosystem enabler rather than a direct competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Haugaland Kraft