Nordic Energy AS team consist of professionals who have developed and turned over physical and financial power assets for decades, making the team one of the most experienced available.

Terje Dyrstad

Techn. Mgr, Engineer Former Karsten Moholt AS, Rovas AS, Nordvest Energi AS

Rolf Bruknapp

Gen. Mgr. BSc Former IBM, Skankraft, Elfinans AS, Enron, Vestnorsk Vannkraft AS, Norsk Vannkraft AS, Nordvest Energi AS

Mustafa Karadan

Board memmer EPIAS, Chairman Turkish Power Traders Association, HSBC Trader Developer, Technical/Construction, Civil Engineer, Former DSI, Hidromark

Øyvind Nes

Power mgmt, Engineer Former Varanger Kraft, Hedmark Energi , Helgelandskraft, Censu Trading
As a Norwegian company, we draw experience and skills developed from Hydro Power in Norway (in addition to our Turkish staff), for more than 100 years.
  • Large manufacturing clusters, high educational levels, Tunnelling experience
  • 98% av inland electricity from hydro power
  • Extremely high cost levels trigger good design and efficient operations
  • Hydrological data and systems in world class
  • Well developed electricity (physical and financial) market


Nordic Energy AS has close partnership with highly reputable local or international suppliers of services, such as Deloitte, Sweco, Intpow etc.

Norwegian Assets

Nordic Energy AS has stakes in a portfolio of 54 HEPP`s in Norway under development.

Turkish Assets

Nordic Energy AS is in negotiation with sellers of 12 operating HEPP’s in Turkey, summarizing more than 500 GWh yearly production.


By combining world class skills (x – functional) and the most attractive markets in Europe for hydro power, we will identify, aquire, redesign and operate Hydro Electric Power Plants (HEPP) in Turkey and Norway on behalf of our investors. By doing so, we can minimize risks involved and maximize efficiency and financial results. Investments in HEPP’s will be done by dedicated investors in SPV’s, and Nordic Energy AS will manage those.

Head Office

Nordic Energy AS
Rolvsbuktveien 17
N 1364 Fornebu