Statkraft and Hunton Fiber enter into new, eight-year power agreement

Statkraft and Hunton Fiber have signed a new, long-term power agreement for electricity deliveries to Hunton’s wood fiber insulation factory in Gjøvik, Norway. The agreement covers a total of 153 GWh, from January 1, 2026, until the end of 2033. “For us as a manufacturing company, this is an important agreement. It gives us stable and competitive electricity prices over time. Demand for Nativo Wood Fiber Insulation is increasing strongly throughout the Nordics, even in a historically weak building construc ...