Gudbrandsdal Energi Holding AS
Corporate brand
UnclaimedNorwegian municipally owned energy group producing and distributing electricity and building power and fibre networks in the Gudbrandsdalen region.
Last updated September 26, 2026
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Overview
Gudbrandsdal Energi Holding AS is the parent company of the Gudbrandsdal Energi group, a Norwegian energy group owned by the municipalities of Nord-Fron, Sør-Fron, Ringebu and Øyer. Through its subsidiaries the group produces and distributes electricity and builds and operates power plants and fibre networks. Its head office is at Vinstra in the Gudbrandsdalen valley. The business traces its origins to 1916. The holding company describes itself as an open, inclusive, clear and long-term owner that contributes to local development, takes environmental responsibility and helps Norway become the world's first fully electric society. It is the parent of the Gudbrandsdal Energi-konsernet, which includes electricity production and grid operations as well as broadband/fibre activity. The group's grid company, Vevig, operates the electricity network in the four owner municipalities. As a holding company, Gudbrandsdal Energi Holding AS manages ownership interests in group companies and in associated energy businesses. It has been a shareholder in On Energi, an energy company with around 110 employees, alongside Aneo. In September 2026 Aneo and Gudbrandsdal Energi Holding agreed to sell their shares in On Energi to HitecVision, ending more than ten years of ownership. The group also supports local clubs and associations in its owner municipalities, with a particular focus on activities for children and young people. The group is not listed on a stock exchange; it is a private limited company (AS) owned by its municipalities. Its chief executive is Per Oluf Solbraa.
History
Gudbrandsdal Energi Holding AS is the parent company of the Gudbrandsdal Energi group, a Norwegian energy group whose history dates back to 1916. The company is owned by the municipalities of Nord-Fron, Sør-Fron, Ringebu and Øyer, and has its head office at Vinstra in the Gudbrandsdalen valley. Through its subsidiaries it produces and distributes electricity and builds and operates power plants and fibre networks. Its grid company, Vevig, operates the electricity network in the four owner municipalities. As a holding company, Gudbrandsdal Energi Holding AS manages ownership interests in group companies and associated energy businesses. It was a shareholder in On Energi, an energy company with around 110 employees, alongside Aneo. In September 2026 Aneo and Gudbrandsdal Energi Holding, the largest shareholders in On Energi, agreed to sell their shares in the company to HitecVision. The transaction marked the end of more than ten years of ownership, during which On Energi developed into a solid company with expected revenue of around NOK 400 million and EBITDA of about NOK 20 million. The sale was in line with Aneo's increased strategic focus on renewable power production, and the transaction was carried out at arm's length and on market terms, approved by independent board members. The group also engages in local community support, inviting clubs and associations in its owner municipalities to apply for funding, with a particular emphasis on activities for children and young people. In June 2026, three employees received Norway's Medal for Long and Faithful Service at the group's summer gathering. The group describes itself as open, inclusive, clear and long-term, contributing to local development, taking environmental responsibility and helping Norway become the world's first fully electric society.
- 2026
Aneo and Gudbrandsdal Energi Holding agreed to sell their shares in On Energi to HitecVision, ending more than ten years of ownership.
- 1916
The business that became Gudbrandsdal Energi was established.
Products and positioning
A municipally owned, long-term regional energy group focused on local development, environmental responsibility and electrification.
Electricity production
Electricity distribution (Vevig)
Power plant construction and operation
Fibre networks
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