372 results found for 'statkraft'

372 results found for 'statkraft'
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  • Statkraft Drops Plan to Bid in Norway’s Floating Wind Tender, Stops Activities in New Offshore Wind Projects

    18 June 2025
    Business & Finance, Fixed-Bottom, Floating Wind

    Statkraft will stop further activities in new offshore wind projects, including the upcoming allocation round for floating wind projects at Utsira Nord in Norway, but will continue the development of the North Irish Sea Array (NISA), the Norwegian company said on 18 June. The move comes as Statkraft seeks to reduce its annual costs by […]

  • Zephyr Acquires Statkraft’s Former Swedish Offshore Wind Portfolio

    26 November 2025
    Business & Finance

    Zephyr Renewable has entered into an agreement that will see it become the largest owner of a portfolio of offshore wind projects previously owned and developed by the Norwegian utility Statkraft. Zephyr will be responsible for the continued development of offshore wind projects, including the Bothnia Offshore Sigma and Lambda North areas, located in the […]

  • Norwegian Company Expands Business Outside Europe as Tokyo Gas Starts Using Its Digital Platform for Offshore Wind Farm Development

    10 October 2025
    Contracts & Tenders, Technology

    Tokyo Gas has begun utilising a digital platform for offshore wind project development provided by Vind AI. The Norwegian technology company says that with its platform, developers can complete business cases for offshore wind projects more than five times faster. Vind AI’s platform supports developers in evaluating and designing wind power projects, and integrates data, […]

  • Two Consortia Submit Applications in Norway’s Floating Wind Tender

    15 September 2025
    Authorities, Floating Wind, Planning & Permitting, Project Updates, Wind Farm Update

    Two consortia have applied for offshore sites in the Norwegian area designated for floating wind projects, Utsira Nord. The bidders are Harald Hårfagre, a joint venture between Deep Wind Offshore and EDF Renewables, and a consortium of Equinor and Vårgrønn. Norway’s Ministry of Energy will now begin the work on assessing the applications and plans […]

  • 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 […]

  • 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 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.

  • 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 […]

  • 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 […]

  • 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. […]

  • 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 […]

  • Statkraft Setting Stage for Offshore Wind Brexit

    9 September 2016
    Business & Finance, Operations & Maintenance, Wind Farm Update

    Norway’s Statkraft is preparing a possible divestment of its shares in the operational Sheringham Shoal offshore wind farm, as well as the Dudgeon and the Dogger Bank projects.  The revised strategy follows the announcement in December 2015 that Statkraft would make no new investments in offshore wind. Preparations for the divestment will be carried out in […]

  • Statkraft Welcomes Major Offshore Wind Investment

    25 March 2014

    Reacting to the Siemens’ announcement regarding the decision to invest £160 million in wind turbine production and installation facilities in Yorkshire, while at the same time Associated British Ports (ABP) is investing a further £150 million in the Green Port Hull development, Bjorn Drangsholt, Statkraft UK Managing Director, said: “Statkraft welcomes the announcement to construct two […]

  • 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 […]

  • 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 Starts Preparing Offshore Wind Exit

    28 October 2016
    Business & Finance, Operations & Maintenance, Wind Farm Update

    Norway’s Statkraft has started preparations for the divestment of its offshore wind assets which include the company’s shares in the operational Sheringham Shoal offshore wind farm, as well as the Dudgeon and the Dogger Bank projects in the UK. A divestment of all shares in Sheringham Shoal requires Statkraft to transfer its operatorship. Statkraft and Statoil already signed a […]

  • 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 […]

  • 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 […]

  • 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 […]

  • Statkraft to Invest EUR 1.13 Bln in Renewables

    8 December 2014
    Authorities, Business & Finance

    The Norwegian Government has proposed to strengthen the equity in Statkraft SF with NOK 10 billion (EUR 1.13 billion). This will be achieved through an equity contribution of NOK 5 billion (EUR 5.68 billion). The remainder of the strengthening will be realized through reductions in future dividends. “We are very pleased with the Government’s support […]

  • Statkraft Focuses on Making the Best of Existing OW Assets

    4 February 2016
    Business & Finance

    In its Q4 2015 results, Statkraft said it will focus on managing positions in offshore wind to maximise the value of existing assets and projects, as there will be no new investments in offshore wind. Statkraft’s investment capacity has been reduced as a result of a revised dividend policy from the Norwegian State. “As a consequence of the […]

  • 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 […]

  • 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.

  • K2 Management, Xrgia to Develop Quality Management System for Statkraft

    19 June 2014
    Business & Finance

    Norwegian Xrgia and Danish K2 Management have together landed a contract for the Norwegian utility, Statkraft. Winning a bid contest, the two consultancy companies will in a joint team establish a Quality Management System for Statkraft’ offshore wind operations. Over the years, Xrgia and K2 Management have worked for Statkraft several times, where Xrgia has been […]