SFE AS

Overview

SFE AS focuses primarily on hydropower development and modernisation in western Norway, with 228 MW of active concession production capacity centred on Bremanger. Key projects include the 118 MW Bredvatn expansion and the 110 MW Nye Øksenelvane replacement plant, reflecting a strategy of maximising output from existing water resources. The company also manages grid infrastructure across a wide area of Vestland and Møre og Romsdal, and has added battery storage at its Revehei solar site.

Active Regions

Strategic Focus

SFE AS is a regionally rooted utility concentrating on hydropower modernisation and capacity expansion in Bremanger and the broader Vestland region. The company's pipeline is dominated by large replacement and upgrade projects that extract more value from existing regulated watercourses, rather than greenfield development. Complementary grid concession work and a battery storage addition at its solar site suggest the company is also focused on maintaining and optimising its wider network infrastructure.

Recent Activity

In late June 2026, SFE AS filed an amendment to the grid concession for the Evebøfossen power plant in Gloppen, targeting associated network infrastructure. Around the same time, the end-customer registration for the 9 MW queue position at Ålfoten TRA was updated from SFE Produksjon to SFE Produksjon AS, indicating an administrative restructuring of the subsidiary holding that grid capacity reservation.