Neutral
Informational - no clear directional impact
Low Impact
Minor progress or informational
Statnett formally took over the Fensfjorden cable installation from BKK Nett in 2020, following completion of the Modalen-Mongstad line in 2019. The transfer was part of a wider NOK 3.5 billion agreement signed in February 2016 for Statnett to purchase BKK transmission network assets, driven by EU Third Energy Package requirements for TSO ownership of transmission infrastructure. BKK Nett (subsequently rebranded as Eviny) no longer owns any transmission network assets.