Statkraft expands South American energy efforts
![Photo: Stringer/Reuters/Ritzau Scanpix](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article11612218.ece/ALTERNATES/schema-16_9/20161207-212106-L-1920x1079we.jpg)
When Norwegian state-owned utility Statkraft's management deemed a number of wind projects less profitable during the start of the year, the utility sought to enter new endeavors, deciding that wind expansion in Norway was not the way to go.
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