Statnett co-ordinates supply and demand, and owns large sections of the main Norwegian power grid.

Statnett requests more equity from the owner

In a letter to the owner, the Ministry of Petroleum and Energy, Statnett has indicated a need for the injection of new equity. The amount mentioned is NOK 2.7 billion (€ 300 million).

The reason for the need is the large investments in the main grid in Norway, which are now under implementation and planning and which lead to a decreasing equity ratio for the group.