Statkraft and Borregaard sign 10-year power purchase agreement

What happened: Statkraft and Borregaard signed a new long-term power purchase agreement, with deliveries starting 1 November 2026 and running through 2036. Key numbers: Total contracted volume is 445 GWh, about 5 per cent of Borregaard's electricity consumption. Why it matters: Borregaard says the deal supports its long-term power supply and its strategy for electrification and reducing greenhouse gas emissions. Statkraft cites strong interest in power agreements that give industry predictable electricity costs.

Statkraft and Borregaard signed a new long-term power purchase agreement, with deliveries starting 1 November 2026 and running through 2036.

Borregaard says the deal supports its long-term power supply and its strategy for electrification and reducing greenhouse gas emissions. Statkraft cites strong interest in power agreements that give industry predictable electricity costs.