AF Gruppen

Regulatory Filings • Oct 15, 2025

Rehabilitating dam infrastructure for Statkraft

Rehabilitating dam infrastructure for Statkraft

AF Gruppen (AFG) has signed a contract with Statkraft for the rehabilitation of the Hyttfoss Dam in Trondheim Municipality. The rehabilitation of the dam aims to ensure safety and maintain the reservoir’s ability to support renewable energy production at nearby hydropower plants.

Hyttfoss Dam regulates the Selbusjøen reservoir, which serves as the intake for three power stations: Løkaunet, Svean and Bratsberg. These stations generate electricity by harnessing the water pressure from the reservoir.

The rehabilitation is being carried out to ensure the dam complies with the requirements set out in the dam safety regulations. The works will include the construction of a cofferdam, demolition of the existing dam, and construction of a new dam.

The contract is valued at approximately NOK 155 million excluding VAT. Construction is scheduled to commence in autumn 2025 and be completed by spring 2029.

“AF Gruppen is committed to hydropower development and has participated in numerous hydropower projects across Norway. We look forward to continuing our collaboration with Statkraft and are excited to begin work on the rehabilitation of Hyttfoss Dam,” says Geir Flåta, EVP Civil Engineering at AF Gruppen.

For further information:

Geir Flåta, EVP Civil Engineering, tel. +47 994 01 510

Amund Tøftum, CEO of AF Gruppen, tel. +47 920 26 712