About SN Power

SN Power is a renewable energy company that invests in emerging markets.

SN Power was established in 2002. Its owners are the Norwe­gian state entities Statkraft (60%) and Norfund (40%). The company's mission is to become a leading hydro­ power company in emerging markets, contributing to economic growth and sustainable development.

SN Power has invested more than USD 1100 million in equity through acquisitions and development  of hydropower projects in Asia, Latin America and Africa. Currently, SN Power is involved in hydropower generation in the Philippines, Nepal, India, Chile, Sri Lanka and Peru and in addition SN Power owns one wind farm in Chile. Hydropower projects are under construaion and/or assessment in Peru, Brazil, Nepal, India, Vietnam and the Philippines. SN Power's share of installed  capacity in these operat­ing plants and construction pro­jects amounts to 1192 MW, and an annual mean generation of almost
5 TWh.

A new company, now named Agua Imara, was established in January 2009 to focus on hydropower development in Africa and Central America.

SN Power and its subsidiaries had 494 employees worldwide at year­ end 2011. In 2011, 715 people were employed through non-con­solidated joint venture companies in which SN Power is a partner.

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 the largest renewable energy company in Europe with about 57 TWh in annualelectricity production. In 2011,  Statkraft 's gross operating revenues (underlying) were 22.3 billion  NOK.

Norfund is a Norwegian develop­ment financial institution (DFI) which invests risk capital in profit­able private enterprises in Africa, Asia, Latin America and the Bal­kans. Through Norfund, SN Power has access to significant experience and expertise in conducting investmenst in emerging markets.