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Power Technology on MSNStatkraft to streamline operations, targeting $291m cost cuts and layoffsThe 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 will prioritise growth of its core business and optimise its portfolio through selective divestments. The sharpened strategy will prioritise investments in Norwegian hydropower, ...
A joint venture led by Norway’s state-owned utility Statkraft said it would spend $1.2 billion to develop Europe’s largest onshore wind project in central Norway, eight months after it was ...
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 ...
Norway's state-owned renewable power producer Statkraft on Monday said it plans to invest up to 6 billion euros ($6.56 billion) to upgrade its domestic hydro and wind power facilities and to build ...
Norway's largest utility Statkraft on Thursday posted a sharp rise in third-quarter operating profit, lifted by high power prices and strong hydroelectric output, but the result was tempered by a ...
Statkraft claims that the technology has the global potential to generate clean, renewable energy equivalent to China's total electricity consumption in 2002 or half of the EU's total power ...
July 2025, Fitch announced a one notch downgrade of Statkraft AS following weakening performance and financial metrics. The ...
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