Norsk Hydro's unit invests NOK 2.5B for Illvatn pumped storage development, largest hydropower project in 20 years

2025-11-14 04:30:10 ET

Hydro Energy, a wholly-owned unit of Norwegian aluminium company Norsk Hydro ASA ( OTCQX:NHYDY ) has announced the final investment decision for its largest hydropower development in more than 20 years, to build the Illvatn pumped storage power plant. The gross investment for the project amounts to NOK 2.5 billion....

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