Statkraft to finance new strategy with "renewable capital"

Norwegian state-owned utility Statkraft has a new strategy to invest NOK 10 billion in solar, wind and hydro power annually, partly financing it via ongoing farm-downs a newly installed facilities.

by VIKTOR BRANDT KÆRGAARD

"Renewable capital" — as Statkraft CEO Christian Rynning-Tønnesen calls it — is part of the utility's plan for financing its expensive, newly-published strategy for investing NOK 10 billion per year in renewable energy sources.

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