The four Norwegian energy companies Statkraft, NTE, Agder Energi, and TrønderEnergi have signed a letter of intent to establish a joint venture to develop and operate Storheia, Kvenndalsfjellet and Roan, three of nine licensed wind energy projects on the coast of the Trøndelag counties. The joint venture increases the likelihood of the three wind farms being realised, which in turn will facilitate grid access for the remaining licensed onshore wind projects on Fosen.
(Oslo, 13 February 2014) In the fourth quarter of 2013, Statkraft posted an underlying op-erating profit before depreciation (EBITDA) of NOK 3843 million, an improvement of NOK 326 million compared with the corresponding quarter in 2012. The net profit was NOK 2354 million, compared with a loss of NOK 1960 million in the fourth quarter of 2012.
(Oslo, 6 February 2014) Jens Bjørn Staff has resigned his position as Chief Financial Officer (CFO) of Statkraft. Staff has been appointed CFO of Orkla ASA.
(Davos/Oslo 24.01.14) World Economic Forum has launched an initiative to mobilise young leaders to contribute to climate solutions, with Statkraft on the lead. The Norwegian Crown Prince Couple and young leaders from several countries attended the launch.
(Oslo, November 12, 2013) Statkraft donates NOK 1 million to relief work after the typhoon Haiyan in the Philippines. The money will be canalized through Red Cross Norway in which Statkraft already has a cooperation agreement with. Statkraft has operations in several Asian countries, including the Philippines through its subsidiary SN Power.
(Oslo 11 November 2013) The letter of intent from 24 January between Bergenhalvøens Kommunale Kraftselskap (BKK), Haugaland Kraft, Sunnhordland Kraftlag (SKL), Sognekraft and Statkraft has been has been terminated. It has not been possible to reach agreement as regards the value of the assets involved, and the efforts to achieve an agreement based on the intention to implement changes in the ownership structure of BKK and power plants in western Norway have therefore come to an end.
(Oslo, 7 November 2013) In the third quarter of 2013, Statkraft achieved an underlying1 operating profit before depreciation (EBITDA) of NOK 1867 million, an improvement of NOK 614 million compared with the corresponding quarter in 2012. Unrealised currency effects resulted in a net loss of NOK 1681 million, compared with a profit of NOK 638 million in the third quarter of 2012.
Statkraft has signed a long term Power Purchase Agreement (PPA) with Eco2 for the purchase of power and renewable benefits from Brigg Renewable Energy Plant, a 40MW straw-fired power plant in Brigg, North Lincolnshire.
The Stamåsen wind farm, part of the largest wind energy project in Norrland County, Sweden, opens today. The farm comprises 26 wind turbines, which are expected to deliver approx. 200 GWh annually, enough to supply 36 000 houses or 96 000 apartments.
(Oslo, 15 August 2013) In the second quarter of 2013, Statkraft achieved an underlying1 operating profit before depreciation (EBITDA) of NOK 2555 million, an improvement of NOK 190 million compared with the corresponding quarter in 2012. Unrealised currency effects resulted in a net loss of NOK 908 million, compared with a net profit of NOK 2443 million in the second quarter of 2012.
(Oslo, 20 June 2013) Statkraft and Norfund have signed an agreement expressing their intention to restructure and prolong their cooperation within renewable energy. The aim is to create a leading international hydropower cluster, based on assets from Statkraft, SN Power and Agua Imara.
(Oslo, June 17, 2013) Statkraft has decided to start the construction of the Devoll hydropower project in Albania. Initially, it’s decided to build the two hydropower plants Banjë and Moglicë with a combined capacity of 243 MW and an annual production of about 700 GWh.
(Hürth-Knapsack, Germany, June 13, 2013) Statkraft, Europe's largest producer of renewable energy, today officially inaugurated its second combined cycle gas turbine power plant (CCGT) at the site in Hürth-Knapsack. The company has now completed the modernization of its gas power portfolio. In 2012 and 2013, the company has already taken older capacities to the amount of 900 MW off the market.
Statkraft AS – result for the first quarter of 2013: Sound profit from operations in the first quarter
In the first quarter of 2013, Statkraft achieved an underlying* operating profit before depreciation (EBITDA) of NOK 4180 million, on par with the corresponding quarter in 2012. Negative currency effects resulted in a net profit of NOK 443 million, compared with NOK 3430 million in the first quarter last year.
(Oslo/Vienna, 20 March 2013) Yesterday, Norwegian Statkraft AS and Austrian EVN AG signed an agreement by which Statkraft will acquire EVN’s 50 percent stake in Devoll Hydropower ShA. The transaction is subject to the consent of the Ministry of Economy, Trade and Energy of Albania (METE), as well as ratification by the Parliament of the Republic of Albania in order to amend the concession agreement accordingly.
Düsseldorf / Landesbergen, 14 March 2013 – The gas-fired power plant “Robert Frank” in Landesbergen/Germany will be put into cold reserve. This was announced today by Statkraft, the operator of the 510 MW plant. Along with the plant’s closure, onsite staff will be reduced. A biomass plant that is located at the same site will continue to operate on a standalone basis.
In the fourth quarter of 2012, Statkraft achieved an underlying1 operating profit before depreciation (EBITDA) of NOK 3416 million, compared with NOK 3028 million in the corresponding quarter in 2011. The net loss amounted to NOK 1840 million, compared with a loss of NOK 673 million in the fourth quarter of 2011.