Search results for: statkraft

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  • Statkraft Buys Swedish Company with 21 GW Offshore Wind Portfolio

    26 October 2023
    Business & Finance, Industry

    Vindkraft Värmland and Njordr, the Nordic developer, have sold 100 per cent of the shares in the joint company, Njordr Offshore Wind (NOW), to Statkraft. NOW holds a pre-permit portfolio of nine offshore wind projects in the Swedish economic zone with a total potential for up to 21 GW of installed capacity. The portfolio includes […]

  • Five Applicants Secure Spots in Norway’s Southern North Sea II Offshore Wind Auction

    16 February 2024
    Authorities, Fixed-Bottom, Planning & Permitting

    Five applicants have qualified for the upcoming 1.5 GW Sørlige Nordsjø II (Southern North Sea II) offshore wind auction round in Norway. “Today, we can announce that several strong applicants have been qualified to participate in the auction for offshore wind for Sørlige Nordsjø II. We have decided to proceed with the auction, which will […]

  • Norway’s Offshore Wind Tender Attracts Seven Applications

    16 November 2023
    Authorities, Fixed-Bottom, Planning & Permitting

    Norway’s Ministry of Petroleum and Energy has received seven applications to participate in the tender for the Southern North Sea II offshore wind project area. Chinese wind turbine manufacturer Mingyang Smart Energy, Texas-based Hydroelectric Corporation, and Norseman Wind, a subsidiary of EnBW, submitted individual applications to take part in the tender. Among others who sought pre-qualification for Norway’s […]

  • Contract Signed for Norway’s First Commercial Offshore Wind Farm

    19 April 2024
    Authorities, Business & Finance, Planning & Permitting, Project Updates, Wind Farm Update

    The government of Norway has signed a two-way Contract for Difference (CfD) related to the offshore wind farm project in the Sørlige Nordsjø II zone with Ventyr Energi, the winner of the recently held auction. Ventyr Energi, a consortium of Parkwind and Ingka Investments, won the rights to develop the wind farm project at the […]

  • BREAKING: Parkwind Consortium Wins Norway’s First Offshore Wind Tender

    20 March 2024
    Authorities, Business development, Planning & Permitting, Research & Development

    The Norwegian government has unveiled Ventyr Energi, a consortium of Parkwind and Ingka Investments, as the winner of the Sørlige Nordsjø II (Southern North Sea II) offshore wind auction round in Norway. The winning bid in the auction was NOK 1.15 (EUR 0.099) per kilowatt hour. “This is a milestone in the government’s offshore wind […]

  • Project Ireland Selected in First Offshore Wind Auction Now Overlaps with Proposed Bird Protection Area

    20 July 2023
    Authorities, Business & Finance, Industry

    The North Irish Sea Array (NISA), one of the four offshore wind projects selected in Ireland’s first offshore wind auction, could end up overlapping with a bird protection area. The Irish offshore consultancy Gavin and Doherty Geosolutions (GDG) voiced concerns about the government letting this happen and warned that the project is now at risk […]

  • CIP’s Flagship Fund On Track to Become World’s Largest Dedicated to Greenfield Renewable Energy Investments

    11 July 2023
    Business & Finance

    Copenhagen Infrastructure Partners (CIP) has reached the first close on its fifth flagship fund, Copenhagen Infrastructure V (CI V), at EUR 5.6 billion in capital commitments received. This puts the fund on track to reach its target size of EUR 12 billion, which would make this the world’s largest dedicated greenfield renewable energy fund, according […]

  • 500 MW for Statkraft and CIP in First Irish Offshore Wind Auction

    11 May 2023
    Authorities, Business development, Research & Development

    Statkraft and its partner Copenhagen Infrastructure Partners (CIP) have been selected in Ireland’s first auction for offshore wind under the Renewable Electricity Support Scheme (ORESS-1) to develop the 500 MW North Irish Sea Array (NISA) offshore wind project. NISA was one of seven offshore renewable projects issued with a Maritime Area Consent (MAC) last December. […]

  • Wind Powers Statkraft’s Business

    15 May 2014
    Business & Finance

    Statkraft’s Q1 financial results have shown that the company’s wind power business had significantly contributed to solid performance at the beginning of 2014. In the first quarter of 2014, Statkraft achieved an underlying operating profit before depreciation (EBITDA) of NOK 3836 million, compared with NOK 4180 million in the corresponding period in 2013. The net […]

  • Dudgeon Unfazed by Statkraft’s Investment Cuts

    17 December 2015
    Business & Finance, Wind Farm Update

    The development of the Dudgeon Offshore Wind Farm is progressing as planned and the project is not affected by Statkraft’s announcement of reduced investment plans in offshore wind, according to Dudgeon Offshore Wind Limited. Full production is expected in late 2017 as previously announced, the developer said. As Offshore WIND reported yesterday, Norway’s Statkraft released an adjusted investment […]

  • Norway: Statkraft’s International Trainee Program Open

    30 September 2013
    Training & Education

    Statkraft’s international trainee programme is an attractive opportunity for young candidates at the start of their career. Eight new trainee positions are now open for September 2014. The deadline to apply is 20 October. “Do you want challenging tasks in a company with international growth ambitions? If so, you should apply for a trainee position […]

  • CIP Buys Into Statkraft’s 2.2 GW Irish Offshore Wind Portfolio

    17 January 2023
    Business & Finance, Wind Farm Update

    Copenhagen Infrastructure Partners’ (CIP) fund Copenhagen Infrastructure IV K/S (CI IV) and Statkraft have signed an agreement which will see CIP acquiring 50 per cent in Statkraft’s offshore wind portfolio in Ireland. Under the deal, the financial terms of which have not been disclosed, CIP will hold half of the stake in up to 2.2 […]

  • Dudgeon Offshore Wind Farm Opens for Business

    22 November 2017
    Wind Farm Update

    Statoil, Masdar and Statkraft officially opened the 402MW Dudgeon offshore wind farm in Great Yarmouth, UK, on Wednesday, 22 November.

  • Statkraft to Become the Only Operator of Sheringham Shoal OWF (UK)

    15 August 2013
    Business & Finance, Operations & Maintenance

    Statkraft will take over responsibility as Operation and Maintenance (O&M) operator of Sheringham Shoal Offshore Wind Farm in January 2014. The current operator, Scira Offshore Energy Ltd, will remain as the legal entity while employees will be transferred to Statkraft. The joint venture company is owned 50/50 by Statkraft and Statoil. Both owners of Sheringham […]

  • Two PPAs Signed in the UK

    9 November 2010

    Statkraft has entered into long-term Power Purchase Agreements (PPAs) with two independently owned wind farms in Scotland and Wales. The agreements mark the launch of Statkraft’s Renewable Power Purchase business in the United Kingdom and was announced at the RenewableUK 2010 Conference in Glasgow. Both wind farm projects secured bank debt finance and the agreements […]

  • Statkraft Reveals Its Future Role in UK Offshore Wind

    24 March 2017
    Business & Finance

    Norway’s Statkraft is pressing on with the strategy to sell its offshore wind assets; however, the energy company plans to continue to participate as an enabler of the development and operation of offshore wind projects in the UK through entering into power purchase agreements.

  • Statkraft Hires RES Offshore

    21 May 2015

    RES has signed a five-year framework agreement with Statkraft to provide engineering and project management support to its portfolio of projects. The scope of the partnership covers project management, package management, engineering, engineering management and technical input. The focus is on current UK projects, with the possibility of extending to span a European brief too. […]

  • Statkraft to Invest EUR 10 Mln Annually in Energy Start-Ups

    19 May 2015
    Business & Finance

    Statkraft has established a venture capital unit. Statkraft Ventures GmbH will invest up to 10 million EUR per annum in energy related start-ups. Dr Matthias Dill has been appointed as the unit’s managing director. “Statkraft has been a relevant player in shaping the rapid change of energy markets and aims to continue this role in […]

  • Norway: Statkraft Elects New Chair of Board

    26 June 2012

    The enterprise general meeting in Statkraft SF has today elected Olav Fjell as the new chair of the board of Statkraft SF. The general meeting in Statkraft AS has then elected Olav Fjell as the new chair of the board of Statkraft AS. The board of Statkraft AS is identical with the board of Statkraft […]

  • Norway Has Opportunity to Participate in Global Energy Transition, Statkraft Says

    27 August 2013

    At a summer seminar at Statkraft’s Lilleaker head office, the President and CEO presented the company’s plans for the future, including a stronger international focus. “Norwegian expertise and solidity are highly sought-after assets. We now have a unique opportunity to participate in the global energy transition,” Statkraft President and CEO Christian Rynning-Tønnesen stated Thursday. “We […]

  • Statoil Opens New Chapter as Sheringham Shoal Operator

    31 March 2017
    Operations & Maintenance, Wind Farm Update

    Norwegian energy company Statoil will take over the operatorship of the 317MW Sheringham Shoal offshore wind farm from compatriot Statkraft on Saturday, 1 April.

  • Statkraft Plans Multibillion Investment in Renewables

    22 December 2014
    Business & Finance

    Over the next four years, Statkraft is planning green investments both in Norway and abroad. A proposal by the Norwegian Government to bolster Statkraft SF’s equity by NOK 5 billion (around EUR 552 million) was adopted by the Norwegian Parliament on December 11, 2014. The Ministry of Trade, Industry and Fisheries will also reduce its overall […]

  • Statkraft Teams Up with Grantham Research Institute

    9 October 2015
    R&D

    Statkraft is supporting a new policy research programme at the Grantham Research Institute on Climate Change and the Environment at the London School of Economics and Political Science. The new programme of policy analysis will focus on the transition to the low-carbon economy and will contribute high quality independent analysis to support and inform the […]

  • Statkraft Says No More New Offshore Wind Projects

    16 December 2015
    Business & Finance

    Statkraft AS will no longer invest in new offshore wind projects, the Norwegian utility said in its adjusted investment plan today. The Oslo-listed company said that the new investment plan was adjusted ”to balance the goal of profitable growth within renewable energy with Statkraft’s financial solidity.” “Offshore wind power is capital intensive. The reduced financial terms […]

  • Partial Privatisation Proposed for Statkraft

    5 February 2016
    Authorities, Business & Finance

    Norwegian parliamentary deputy Nikolai Astrup and his fellow Conservative Party members Odd Henriksen and Gunnar Gundersen have proposed partial privatisation of the state-owned energy company Statkraft. Astrup proposes carrying out an IPO to raise capital and help the company to expand further in the international market. “We want a new debate about the ownership of the group. Statkraft […]

  • Equitix Buys Statkraft’s 40% of Sheringham Shoal for GBP 558 Million

    15 December 2017
    Business & Finance

    UK fund manager Equitix will buy Statkraft’s 40% stake in the 316.8MW Sheringham Shoal offshore wind farm for GBP 558 million, with the transaction expected to be completed by the end of December.