The 0.85 MW Husstøl power plant in Hjelmland municipality was acquired by the financial vehicle HydroNor AS
Husstøl kraftverk is located in Hjelmland municipality in Rogaland county. The plant was bought from a bankruptcy estate and had been out of operation for some time. Captiva performed all the technical and other due diligences during the acquisition phase, and has put the plant back in normal operation. The technical and commercial operations will be managed and performed by Captiva.
HydroNor is a platform for investing in small hydro power plants in Norway, initiated and managed on the behalf of external investors by Captiva. The acquisition of Husstøl is the first investment by HydroNor.