02/17/2022

Statkraft publishes results for 2021

Statkraft has a solid financial foundation to deliver on the growth strategy. The project pipeline continues to increase and Statkraft is on track to deliver on the target of developing 9 GW of renewable energy by 2025, followed by an annual development rate of 2.5-3 GW per year.

Official Press Release Statkraft:

Statkraft AS: Result for the fourth quarter and the year 2021

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Strong result in an extraordinary market / Statkraft recorded a strong EBIT in both the fourth quarter and for the full year. The solid result strengthens Statkraft’s financial capacity and ability to deliver on the company’s growth strategy.

“Statkraft delivered strong results last year, based on high Nordic power prices and large Norwegian hydropower generation. However, the extraordinary market situation creates a demanding situation for consumers and households. As Europe’s largest generator of renewable energy this is not a situation we want,” says Chief Executive Officer Christian Rynning-Tønnesen. “We continued to deliver on our strategy throughout the year, and we enter 2022 with a strengthened financial capacity and ability to... ... More: Official Press Release Statkraft