Stock exchange notices 2010

  • Statkraft and Finnfjord enter into long-term power supply agreement

    2010.12.23 12:10 PM stock exchange information

    Statkraft has entered into a long-term power supply contract with ferrosilicon producer Finnfjord AS located in Troms, Norway. The agreement is based on the delivery of 0.7 TWh power per year starting 1 January 2010 and through to 31 December 2022.

  • Statkraft and Norske Skog enter into long-term power supply agreement

    2010.12.23 12:10 PM stock exchange information

    Statkraft entered into a long-term power supply contract with Norske Skogindustrier ASA for delivery to the newsprint mill at Skogn in Nord-Trøndelag. The contract involves delivery of about 0.8 TWh power per year for the period of 1 January 2011 and through to 31 December 2022.

  • Statkraft AS – Commercial paper buy-back

    2010.12.17 12:10 PM stock exchange information

    Statkraft AS has on 17 December bought back nominal value NOK 130 million in ISIN NO0010591159 with maturity 8 February 2011. The trade has been made at market terms.

  • Statkraft SF – The Norwegian Parliament decided to increase equity capital

    2010.12.15 12:10 PM stock exchange information

    Today, the Norwegian Parliament (the Storting) decided to increase the equity capital in Statkraft SF with NOK 14 billion through the balancing of the national budget for 2010.

  • Statkraft SF - Government proposes increased equity capital

    2010.11.26 12:10 PM stock exchange information

    Today, the Government proposes to increase the equity capital in Statkraft SF with NOK 14 billion in its proposal to the Norwegian Parliament (the Storting) for balancing of the national budget for 2010.

  • Acceptable result driven by higher prices and lower production

    2010.11.11 12:10 PM stock exchange information

    Higher spot power prices, but lower generation, yielded Statkraft an underlying* EBITDA of NOK 1745 million in the third quarter, an increase from NOK 1444 million in the corresponding period last year. However, the underlying net profit decreased to NOK 469 million, from NOK 600 million year-on-year, following lower contributions from associated companies.

  • Statkraft AS – Commercial paper issue

    2010.11.04 12:10 PM stock exchange information

    Statkraft AS has today made a commercial paper issue of NOK 300 million with maturity 8 February 2011.

  • The national budget: Statkraft is proposed to pay 85 percent in dividends

    2010.10.05 12:10 PM stock exchange information

    Today, the Government presented its budget proposal, under which Statkraft SF will pay a dividend of NOK 5185 million in 2011. This corresponds to 85 percent of expected net profit after tax and minority interests adjusted for unrealised changes in values and non-recurring items in 2010, calculated by the Ministry of Trade and Industry.

  • Hydropower investment in Peru

    2010.09.30 12:10 PM stock exchange information

    Statkraft has through its subsidiary SN Power decided to invest in the hydropower plant Cheves in Peru. The investment is expected to amount to USD 400 million, approximately NOK 2350 million. The construction will begin in 2011, and is expected to be finalized at the end of 2013. The hydropower plant will be fully owned by SN Power and will have an installed capacity of 168 MW. Statkraft holds an ownership share of 60 percent in SN Power, and Norfund the remaining share.

  • Statkraft increases the gas power capacity in Knapsack

    2010.09.13 12:10 PM stock exchange information

    Statkraft has decided to increase its gas-fired power capacity in Knapsack, Germany. An EPC-contract was signed today with German Siemens AG, regarding engineering, procurement and construction of a 430 MW combined-cycle gas turbine next to Statkraft’s existing power plant in Knapsack.