Norconsult awarded hydropower plant contract with Tussa Energi AS

13 Mar 2026 09:22 CET

Sandvika, 13 March 2026 (OSE: NORCO): Norconsult has been appointed as the
advisory consultant by the energy company Tussa Energi AS for the development of
the Tussa II hydropower plant. The assignment includes detailed design of civil
works and technical support for the follow-up of all contracts.

The existing Tussa power plant, located in Møre og Romsdal, is more than 60
years old and facing significant maintenance needs in the coming years. To
ensure future operations and increase capacity, Tussa Energi AS will upgrade the
facility by building a new power plant. This development will boost installed
capacity from the current 60 MW to 150 MW, aligning the facility with today's
energy market requirements.

"We are proud to secure yet another significant contract in the hydropower
sector. This marks the fifth power plant under construction where Norconsult is
serving as advisor and demonstrates our strong expertise in this field. Tussa
Energi AS is an important client for Norconsult, and we are genuinely looking
forward to contributing our experience, resources and expertise to ensure a
successful outcome," says Håkon Bergsodden, EVP Renewable energy at Norconsult.

Norconsult has supported Tussa Energi AS throughout the development phase of the
new plant - from the initial concept design, through a collaborative phase with
contractors and suppliers, and up to the decision to commence construction.

The project is scheduled to commence in autumn 2026, with completion anticipated
in 2030.

For further information, please contact:

Investors: Christian Salbu Aasland, SVP Investor Relations & Business
Intelligence, IR@norconsult.com

Media: Henrik Charlesen, Head of External
Communication, Henrik.Charlesen@norconsult.com (Henrik.Charlesen@norconsult.comH
)


About Norconsult

Norconsult is a leading pan-Nordic interdisciplinary consulting firm, combining
engineering, architecture and digital expertise across projects of all sizes,
for private and public customers in infrastructure, energy and
industry, buildings and architecture. Headquartered in Sandvika,
Norway, Norconsult's delivery model is centered around knowledge hubs and local
presence through approximately 7 200 employees across more than 140 offices in
Norway, Sweden, Denmark, Iceland, Poland and Finland.

More information:
Access the news on Oslo Bors NewsWeb site