The award is subject to final investment approval by Statkraft.

Bjølsegrøvatn is part of the Bjølvo regulated watercourse and is located in the municipality of Kvam in Vestland county. The scope of work includes replacing the existing main dam and auxiliary dam at the Bjølsegrøvatn reservoir with a new concrete dam on the downstream side. The project also includes construction of an access road and a tunnel to the dam site.

Construction is scheduled to commence in spring 2026, with planned completion in 2029.

“AF Gruppen has extensive experience in hydropower development, and the project is well suited to our capacity and expertise in concrete and tunnelling works. We are pleased to receive renewed trust from Statkraft and look forward to the continued cooperation,” says Geir Flåta, EVP at AF Gruppen.