The move comes amidst slower progress in energy transition due to heightened global uncertainty, rising costs and declining ...

The company maintains that the the energy transition is "moving at a slower pace" due to increased global uncertainty, higher ...

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.On 18 June, Statkraft announced ...

Statkraft has narrowed down its focus on fewer markets and technologies as it aims to reduce its expenses by NOK2.9 billion ...

Statkraft, Europe's largest producer of renewable energy, will further strengthen its core competitive advantages by prioritising its flexible hydropower fleet in the Nordics, industry-leading market ...

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 ...

Norway’s state-owned utility Statkraft announces plans to slash annual costs and warns of potential staff layoffs amid mounting cost pressures in the European power sector.

Investing.com -- Norwegian state-owned utility Statkraft plans to reduce its annual costs by approximately 15% or 2.9 billion crowns ($292 million) by 2027, the company announced Wednesday. The ...

Statkraft bought the assets last year as part of its takeover of energy developer Enerfin, but were immediately marked for divestment, together with units in Canada, Australia and the U.S., with ...

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 ...