SN Power AS

  • Region: Global
  • Country: Regional
  • Sector: Energy - hydro
  • Year: 2013
  • Domicile: Norway
  • Instrument: Equity and loan
  • Commitment (MNOK) as of 31.3.2017: 2 643.7
  • Original Commitment (MNOK): 2 643.7

SN Power

SN Power was established in 2002 as a joint venture between Norfund and Statkraft. The company is a leading commercial investor and developer of hydropower projects in emerging markets. It is Norfund's largest investment.

SN Power's mission is to become a leading hydro­ power company in emerging markets, contributing to economic growth and sustainable development.

Norfund has invested more than NOK 2000 million via SN Power in equity through acquisitions and development of hydropower projects in Africa, Central America and South East Asia. 

As part of the Statkraft Group, SN Power has a strong industrial foundation that builds on more than 100 years of developing, owning and operating hydropower in Norway. Statkraft is one of the largest renewable energy companies in Europe. 


Indirect investments

Investee Sector Country
Burica Hydropower SA Energy Panama
Fountain Intertrade Corporation (Bajo Frio) Energy Panama
Lunsemfwa Hydro Power Co. Ltd Energy Zambia
Muchinga Power Company Ltd Energy Zambia
SN Aboitiz Power Benguet Inc Energy Philippines
SN Aboitiz Power-Magat Inc Energy Philippines
Theun-Hinboun Power Company (THPC) Energy - hydro Laos

Norfund - The Norwegian Investment Fund for Developing Countries

Fridtjof Nansens Plass 4
N-0160 Oslo