Our history

2023

• The new 12-kilometre-long "motorway for electricity" between Beckomberga and Bredäng will be inaugurated in Stockholm. New electrical cables have been buried in the ground and laid at the bottom of Lake Mälaren.
• The multi-year work to install second-generation smart electricity meters at all customers is completed.
• The Group establishes itself in Norrbotten through the acquisition of Markbygden Net.
• The 2023 electricity network report estimates the need for electricity network investments to be almost SEK 1 billion by 2045. At the same time, electricity use in Sweden is expected to more than double.

2022

• Ellevio will have a new owner when the pension manager AMF buys 12.5 percent of the shares from Första AP-fonden.

• The Energy Solutions business area is launched to help companies transition to an electrified, fossil-free business. The business is not covered by the electricity grid regulation and is operated by Ellevio Energy Solutions AB.

2021

• Edbsyns Elverk is acquired and the electricity network business gains around 4,000 new electricity network customers.
• The reconstruction of the Värtan substation in Hjorthagen, Stockholm, begins. The project, which is due to be completed in 2026, is the largest and most complex station project that Ellevio has carried out to date.
• Ellevio receives three fine awards as an employer; awarded Sweden's most attractive employer award from Nyckeltalsinstitutet, Håll Nollan's work environment award for our safety work and the Career Company award by Karriärföretagen.

2020

• We buy Hamra Sparnaðsskog electricity network and get about 500 new customers.
• We are embarking on our biggest project to date; to rebuild the power line between Beckomberga and Bredäng in Stockholm to strengthen and modernize the electricity grid to meet future electricity needs.

2019

We are launching a new model to be able to build more charging stations. Now it will be easier, faster and cheaper to connect charging stations to the electricity grid.

2018

• We are the first energy company to join the construction industry's safety initiative Keep Zero. The initiative has a clear goal of reducing the number of workplace accidents on construction sites, a goal that goes hand in hand with our goals and vision.
• We sign an agreement with GodEl, who will be assigned electricity retailers for our moving customers. The collaboration means, among other things, that customers are offered one of the market's best prices on eco-labelled electricity.

2017

We acquire Elverket Vallentuna and thus gain around 14,500 new customers and a number of new colleagues in September 2018.

2016

We acquire Nynäshamn Energi, which will be integrated into our operations in 2017.

2015

Fortum is selling its electricity network operations in Sweden to a consortium consisting of the Third Swedish National Pension Fund, Folksam, the First Swedish National Pension Fund and OMERS Infrastructure, formerly Borealis Infrastructure Management Inc. The new company will be named Ellevio.

2002

Fortum acquires the remaining 50 percent of Birka Energi, except for part of the heating business, in which the City of Stockholm is still a part-owner.

2000

Stora Enso's power assets in Sweden and Finland and the company's regional grid in Sweden are acquired. The regional grid is acquired by Birka Nät, while the power assets are acquired directly by Fortum.

1998

Birka Energi is formed through a merger between Stockholm Energi and Gullspångs Kraft. The new company is half owned by the City of Stockholm and Fortum.

1996

IVO (Imatran Voima Oy) acquires AGA's entire shareholding and thereafter the remaining shares in Gullspångs Kraft. In the same year, Gullspångs Kraft acquires the company Skandinaviska Elverk.

1992

The merger between Uddeholms Kraft and Gullspångs Kraft is carried out. This year, the company also acquires AB Hälsingekraft and Stora Kraft's distribution business, which results in a shareholding in Härjeåns Kraft through Stora Kraft.

1987

The Uddeholm Group will be transferred to AGA. The subsidiary Värmlandsenergi changes its name to Uddeholms Kraft and takes over the old Uddeholmsbolaget's organization number.

1982

Billerud and Uddeholm are merging their power divisions into the jointly owned company Värmlandsenergi, headquartered in Karlstad.

1981

Gullspångs Kraft is listed on the stock exchange.

1951

Värmlands Ledningsaktiebolag, later called Värmlandskraft, is formed. The partners were Billerud, Rottneros, Karlstad, Mölnbacka-Trysil, Sundhagsfors and Uddeholm. The idea is to coordinate the co-owners' production and power transmission.

1918

It was not until 1963 that Gullspång-Munkfors and Örebro Elektriska were merged and renamed Gullspångs Kraftaktiebolag.

1906

Kraftaktiebolaget Gullspång-Munkfors is founded by John Hedin. The company's headquarters were in Mariestad and its first office in Lidköping.

1902

Aktiebolaget Skandinaviska Elverk is formed to operate the power plants owned by ASEA in central and southern Swedish cities.

1892

The City of Stockholm's first electricity plant is formed, as a subsidiary of Gasverket.

1883

Billeruds Aktiebolag is established with the aim of producing paper pulp at a sulphite factory in Säffle.

1873

AB Mölnbacka-Trysil is formed through a merger of Mölnbacka Bruk and Trysils Skogsbolag.

1852

"Gaslysnings-Aktiebolaget" in Stockholm is formed.

1724

Bengt Gustaf Geijer founds the company Uddeholms Bruk.

1668

Harald Pose and Johan Carlström build a hammer and foundry for the processing of rock ore at Stjernfors, north of the community of Uddeholm by Uvån, where hydropower began to be used for iron processing.