Kristiansand Kommunes Energiverksstiftelse, trading as Cultiva, is a foundation established by Kristiansand Municipality to "secure jobs and good quality of live" through grants to projects within art, culture, knowledge institution, and innovation. The foundation was established on 6 December 2000, and received the money the municipality received when it sold its share of Agder Energi

Agder Energi

Agder Energi is a power company based in Agder, Norway. It is the second largest power producer in Norway, after its largest owner, Statkraft who owns it along with 31 municipalities in the region Agder. It operates 31 hydroelectric power plants, operates the power grid in 31 municipalities, as...

 to Statkraft

Statkraft

Statkraft is a Norwegian state owned electricity company. With a total energy production of 44.9 TWh in 2007, the Statkraft Group is the third largest energy producer in the Nordic region, as well as the largest energy producer based on renewable energy sources in Europe,consisting of 40% of the...

. As of 2010 it had capital of NOK 1,359 million, after NOK 350 million had been transferred to Stiftelsen for store kulturanlegg i Kristiansand.