Leasing option for Norwegian hydro

January 2009
Utility Week;1/30/2009, Vol. 30 Issue 5, p24
Trade Publication
This article deals with a proposed legislation in Norway which would give the country's municipalities the opportunity to lease part or all of their hydro power production on 15-year contracts. The proposal is included in a government debate focused on how publicly-owned hydro power groups in Norway can overcome growing financial pressure to divest their medium to large-sized hydro power production facilities. Energy Minister Terje Riis-Johansen says the long-term lease period would give predictability to all sides.


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