AF Gruppen (AFG) has entered into a contract with Statkraft to renovate Nesjø
dam in Tydal municipality. The renovation is to secure the utilisation of
waterfall energy to produce renewable, electrical energy in nearby hydropower
plants. 

The Nesjø lake is the intake basin for Vessingfoss power plant and flows into
Vessingsjø lake. Vessingsjø in turn is the intake basin for the Nea power plant.
The power plants produce electrical energy by utilising the water pressure from
the dam. 

Renovation is taking place in order for the dam to meet the requirements of the
dam safety regulations. Work will comprise building a new discharge tunnel,
operation of a quarry and other work in the upstream dam slope.

The contract is valued at approx. NOK 235 million excluding VAT, and work will
proceed from 2022 and until the autumn of 2025.
 
"Hydropower developments are one AF Gruppen's focus areas, and the company has
taken part in many hydropower projects in Norway. We're looking forward to
continued cooperation with Statkraft Energi and starting the renovation of the
Nesjø dam," says Geir Flåta, EVP with AF Gruppen.


For further details, please contact: 
Geir Flåta, EVP, Civil Engineering for AF Gruppen, tel.: +47 994 01 510
Amund Tøftum, CEO of AF Gruppen, tel: +47 920 26 712

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