Fitch downgrades Statkraft’s credit rating to BBB+ from A-
Today 1 July 2025, Fitch announced a one notch downgrade of Statkraft AS following weakening performance and financial metrics. The long-term issuer default rating and senior unsecured rating were lowered from A- to BBB+ with a stable outlook.
The rating change aligns with the company’s long-standing rating targets. Statkraft has consistently maintained a target of an A- rating from S&P and a BBB+ from Fitch. Statkraft remains committed to maintaining these targets.
For further information, please contact:
André Julin
Funding Manager
Stephan Skaane
Vice President Group Treasury