Övik Energi invests 24.5 million for more robust fiber
The municipality achieves broadband goals. The investment includes five miles of fiber by 2029.
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Energy and broadband utility
ovikenergi.seLast updated
In short: Övik Energi reported climate-neutral operations and profit, expanded fiber networks, and was again reported to police for environmental offenses.
The municipality achieves broadband goals. The investment includes five miles of fiber by 2029.
22 million kronor have been approved to expand broadband in Örnsköldsvik Municipality between the turn of 2025 and 2028. The project covers 4.4 miles and benefits 50 households.
The group reports a result of 81 million kronor and phases out peat. A new strategic direction is adopted to address profitability challenges.
The company phased out peat in October and replaced it with residual products from the forest and paper pulp industry. This reduces carbon dioxide emissions by 76 percent.
The current facilities are over half a century old. That is why Övik Energi is going to renew itself.
A heavy blow for the municipality of Örnsköldsvik and the municipally owned energy company. – We have a first meeting with them tomorrow and then they will come here...
Övik Energi is one of the biggest economic disasters in Swedish municipal history. The energy company has debts of more than 3 billion krona but lacks the money to pay...
Övik Energi AB is a municipal company in deep crisis. In a few weeks, the politicians will gather in the full council to decide on the crisis plan to save the company from...
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