Arva AS is the merged entity of Nordlandsnett AS and Troms Kraft Nett AS. The company has been ensuring a secure power supply in Nordland and Troms for over 100 years. With its headquarters in Bodø and local offices spanning from Tonnes in the south to Lyngseidet in the north, Arva is deeply entrenched in the region it serves. The history of Nordlandsnett and Troms Kraft Nett reflects their contribution to the development of the region. As the sixth-largest power grid company in Norway, Arva serves 120,000 net customers with a team of 220 employees. The name "Arva" originates from the Northern Sámi language, symbolizing energy and determination. The company recently secured a Debt Financing investment of kr500.00M on 01 March 2024, with the Nordic Investment Bank being the contributing investor. As an established player in the energy industry, Arva is well-positioned to continue its legacy of powering Northern Norway while advancing sustainable practices.
Funding Stage | Amount | No. Investors | Investors | Date |
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Debt Financing | kr500.00M | 1 | Nordic Investment Bank | 01 Mar 2024 |
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