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20 February 2007 - The Norwegian Water Resources and Energy Directorate has granted Statkraft a licence for the construction of the 40 MW Selbjørn wind farm.

The wind farm will have an installed capacity of up to 40 MW and be able to produce 110 GWh of clean and renewable electricity. The production will cover the normal annual consumption of around 5 500 households.

The number of wind turbines will depend on the optimal type and size of wind turbines to be employed at the time of construction. It is currently unclear when construction of the Selbjørn Wind Farm will be able to start.

Specific market conditions and financial framework conditions that guarantee sufficient profitability for the project must be met before construction can begin. Statkraft's board of directors will only be able to make an investment decision once a legally effective licence has been issued.

Statkraft, Europe's second largest renewable energy company, already has three major wind farms in operation on Smøla, Hitra and in Kjøllefjord. These produce an average of around 750 GWh a year.

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