The power station was completed in 1907, and the following year the sulfite process chemical pulp mill was completed the following year. All the upgrades were finalized in 1910, having cost NOK 4.1 million—twice the budget. A particular contributor was the pulp mill, which had cost NOK 3 million. Conservatism within management and owners led the company to not even discuss if a loan would be an appropriate way of funding the investments. Instead, of productive forest in Sweden was sold to Borregaard for NOK 4.7 million.