Otra Kraft
Otra Kraft DA is a Norwegian hydroelectric utility operating three power stations and two pumped-storage stations in the upper Otra river watershed, producing over 3,224 GWh annually for sale to the Norwegian national power grid. It is jointly owned by Å Energi Vannkraft AS and Skagerak Kraft AS and serves as a key regional power producer in upper Setesdal, Norway.
- Company typePrivate
- Founded1960
- HeadquartersRysstad, Norway
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Otra Kraft does
Otra Kraft DA is a Norwegian hydroelectric power company founded on 1 September 1960 (originally as I/S Øvre Otra) and headquartered in Rysstad, Norway. The company develops and operates hydropower infrastructure in the upper Otra river watershed (Otravassdraget) in upper Setesdal, Agder county, and is jointly owned by Å Energi Vannkraft AS (68.6%) and Skagerak Kraft AS (31.4%). It is organized as a Norwegian general partnership (Delt Ansvar / DA) and employs a small core staff of four to five people, with day-to-day operations, maintenance, and reinvestments handled under an operator agreement with Å Energi Vannkraft AS.
The company's installed base comprises three power stations — Brokke Kraftverk (330 MW, commissioned 1964/1976, ~1,970 GWh/year), Holen Kraftverk (350 MW, 1981/1985, ~1,184 GWh/year) and Skarg Kraftverk (24 MW, 2014, ~70 GWh/year) — supported by two pumped-storage stations (Breive 20 MW and Skarje 9 MW) and an integrated system of dams and reservoirs including Vatnedalsvatn (1,150 million m³), Botsvatn and Urevatn. Total annual production capacity exceeds 3,224 GWh. Holen's Francis turbines were pioneering at 651m head, and Vatnedalsvatn holds Norway's largest earth-fill dams. The company also maintains a public digital monitoring suite (water levels, water flow, flood alerts, live webcams) and supports environmental programs including fish stocking and a Syrtveit fish farm operated with Otteraaens Brugseierforening.
Otra Kraft's revenue model is wholesale electricity generation sold to the Norwegian power grid through regulated market mechanisms — there are no retail customers, no disclosed pricing, and no marketing activity beyond a corporate website and minimal social channels. The company is described by its owners as an important employer and taxpayer in upper Setesdal, and functions as a stable, regional-scale regulated utility rather than a growth-oriented business.
Otra Kraft firmographics
Firmographics- Name
- Otra Kraft
- Legal name
- Otra Kraft DA
- Website
- https://otrakraft.no
- Company type
- Private
- Founded year
- 1960
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Otra Kraft DA is a Norwegian hydroelectric utility operating three power stations and two pumped-storage stations in the upper Otra river watershed, producing over 3,224 GWh annually for sale to the Norwegian national power grid. It is jointly owned by Å Energi Vannkraft AS and Skagerak Kraft AS and serves as a key regional power producer in upper Setesdal, Norway.
- Ownership category
- akta.pro rank
Where Otra Kraft is headquartered
LocationHeadquarters
- HQ city
- Rysstad
- HQ country
- Norway
- HQ region
- Europe
Offices1 record
Markets served
Otra Kraft business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Personnel, Technology or R&D, Others
Revenue model
- Electricity Production and Sales: The company generates hydroelectric electricity through its multiple power stations (Brokke, Holen, Skarg) and sells the produced electricity to the Norwegian power grid through established energy market mechanisms. Total annual production capacity exceeds 3,200 GWh.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Otra Kraft product offering
Product offeringCore offering
Otra Kraft DA generates and sells renewable hydroelectric electricity from three power stations (Brokke, Holen, Skarg) and operates two pumped-storage stations in the upper Otra watershed in Setesdal, Norway. Total annual production capacity exceeds 3,224 GWh, which is delivered to the Norwegian national power grid through regulated market mechanisms. Daily operations and maintenance are managed under an operator agreement with Agder Energi Vannkraft AS.
Product overview
Otra Kraft DA operates as a hydroelectric power company managing multiple power stations, pump stations, and reservoirs in the upper Otra waterway in Setesdal, Norway. The company's core product portfolio consists of three main hydroelectric power stations (Brokke Kraftverk, Holen Kraftverk, and Skarg Kraftverk) generating approximately 3,224 GWh combined annual production, along with two pump stations (Breive and Skarje) that lift water between reservoir levels. Supporting services include real-time monitoring systems for water levels, water flow, and flood alerts via webcameras and digital dashboards, plus electronic invoicing capabilities. The infrastructure includes multiple reservoirs/magasins managed as part of the integrated waterway system.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- Total annual hydroelectric production capacity of 3,224 GWh
- +2 more outcomes
Companies that use Otra Kraft
Customer profileSegments2 records
Ideal customer profiles1 record
Otra Kraft technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Otra Kraft partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered minor and core.
- Otteraaens BrugseierforeningminorOtteraaens Brugseierforening is the owner of Breive Pumpestasjon and manages the Syrtveit fish farm. The organization has historical ties to hydroelectric development in the Otra watershed dating back to 1900 and collaborates on environmental and water management matters.
- Agder Energi Vannkraft AScoreAgder Energi Vannkraft AS holds 68.6% ownership in Otra Kraft DA and provides operational services through an operator agreement (operatøravtale). They handle daily operations, maintenance, and reinvestments on the hydroelectric facilities.
- Agder fylkeskommuneminorRegional county authority that handles permits and approvals for fish stocking (setjefisk) programs in the watershed.
Scale indicators5 records
Recent moves6 records
Expansion highlights4 records
Otra Kraft competitors and assessment
Company assessmentDirect peers
- Hafslund Eco AS: Hafslund Eco is one of Norway's largest hydropower producers, with assets concentrated around the Glomma and other eastern Norwegian rivers. It is a directly comparable pure-play Norwegian hydropower operator with significant installed capacity.
- Lyse Energi AS: Lyse Energi is a Norwegian energy group centered on hydropower generation in Rogaland, including the Lysebotn stations. Like Otra Kraft, it is a regionally anchored hydropower operator selling into the Norwegian grid.
- BKK AS: BKK is one of Norway's largest privately held power groups, with a generation portfolio dominated by hydroelectric assets in western Norway. Its ownership structure and hydro-centric business model closely mirror Otra Kraft's.
- Eidsiva Energi AS: Eidsiva Energi is the largest regional hydropower operator in inland Norway (Innlandet), with a portfolio of hydro stations and district heating. Its pure-play Norwegian hydropower generation model is directly comparable to Otra Kraft.
- Trøndelag Kraft AS: Trøndelag Kraft is a regional Norwegian utility operating hydroelectric power stations in Trøndelag, with a similar mix of generation, grid and ownership by municipal stakeholders — directly comparable to Otra Kraft's regional hydropower profile.
- Statkraft SF: Statkraft is Norway's state-owned hydropower producer and Europe's largest renewable energy generator, operating a portfolio of hydroelectric power stations across Norway. It is the most direct large-scale comparable to Otra Kraft's pure-play Norwegian hydropower model.
Broad incumbents
- Skagerak Energi AS: Skagerak Energi is the 31.4% co-owner of Otra Kraft and operates its own hydropower, grid and district heating businesses in the Grenland/Vestfold region. It is directly comparable as a Norwegian regional utility with hydropower at its core.
- Å Energi (Agder Energi): Å Energi (formerly Agder Energi) is the majority owner of Otra Kraft (68.6%) and operates a much larger portfolio of hydro assets and grid infrastructure across southern Norway. It is the parent and closest incumbent comparable in the same regional market.
- Norsk Hydro ASA: Norsk Hydro operates large in-house hydroelectric generation assets in Norway primarily to power its aluminum smelters. Although hydropower is not its primary business line, its Norwegian hydro generation portfolio is a relevant comparable for utility-scale Nordic hydropower.
Regional players
- Vattenfall AB: Vattenfall is a major Swedish state-owned utility with a large Nordic and Northern European hydropower portfolio. While it operates in adjacent geographies rather than directly in the Otra basin, its Nordic hydro asset base and ownership profile make it a useful regional comparable.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Otra Kraft social profiles
Digital presenceOtra Kraft financial estimates
Financial estimateRevenue estimate
Valuation estimate
Otra Kraft leadership team
Management profileNumber of profiles
Otra Kraft funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Otra Kraft M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Otra Kraft
What does Otra Kraft do?
Otra Kraft DA generates and sells renewable hydroelectric electricity from three power stations (Brokke, Holen, Skarg) and operates two pumped-storage stations in the upper Otra watershed in Setesdal, Norway. Total annual production capacity exceeds 3,224 GWh, which is delivered to the Norwegian national power grid through regulated market mechanisms. Daily operations and maintenance are managed under an operator agreement with Agder Energi Vannkraft AS.
Is Otra Kraft a public or private company?
Otra Kraft is a private company. It is currently operating.
When was Otra Kraft founded?
Otra Kraft was founded in 1960. It employs 11 to 50 people.
Where is Otra Kraft based?
Otra Kraft is headquartered in Rysstad, Norway, in the Europe region.
How does Otra Kraft make money?
One revenue line is on record: electricity Production and Sales.
Who are Otra Kraft's main competitors?
Direct peers on record are Hafslund Eco AS, Lyse Energi AS, BKK AS, Eidsiva Energi AS, Trøndelag Kraft AS and Statkraft SF. Broad incumbents are Skagerak Energi AS, Å Energi (Agder Energi) and Norsk Hydro ASA. Vattenfall AB is listed as a regional player.
Does Otra Kraft have an API?
No public API is recorded for Otra Kraft.