What does Statkraft do?

Statkraft AS is a Norwegian state-owned hydropower company, established in 1895, and recognized as Europe's largest generator of renewable energy. Headquartered in Oslo, the company employs around 7,000 people across more than 20 countries. Statkraft focuses on developing, owning, and operating renewable energy assets, emphasizing a transition from fossil fuels to cleaner energy sources. The company has a strong presence in hydropower, wind power, solar power, gas power, and biomass. It also offers services in district heating, energy trading, grid services, and battery assets. Statkraft operates primarily in Europe, with significant projects in Norway, Sweden, Spain, Germany, and the UK, as well as international initiatives in South America and Asia. The company is committed to sustainability and aims to enhance its renewable energy portfolio in the coming years.