Borregaard signs 10-year power supply agreement with Statkraft

Bitget2026/10/29 09:31

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Borregaard signed a 10-year power supply agreement with Statkraft.
Deliveries will begin on November 1, 2026, and run through the end of 2036.
The contract covers 445 GWh, equivalent to around 5% of its power consumption.
The new agreement supplements the companies’ long-term power supply contract signed in 2019.
Reduced spot-market exposure is expected to lower average power costs, while the agreement supports electrification and greenhouse gas emissions reductions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Borregaard ASA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610290530OMX_____CNEWS_EN_GNW1001280584_en) on October 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Borregaard signs 10-year power supply agreement with Statkraft

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