Wind boosts Statkraft's operating profit

Norwegian utility Statkraft ended this year's first quarter with around NOK 6.4 billion in operating profit. Wind power contributed to an improvement upon the same period last year, the company informs Thursday morning.
Photo: Erik Thallaug/Statkraft
Photo: Erik Thallaug/Statkraft

Norway's state-owned utility Statkraft – Europe's largest renewable energy generator – booked an underlying operating result of approximately NOK 6.4 billion (EUR 650 million) in Q1 this year, growing NOK 469 million relative to the same period last year and mainly attributable to a larger contribution from wind power and various market activities, Statkraft informs in its Q1 interim report Thursday morning.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
!
!
Must contain at least 6 characters
!
Must contain at least 2 characters
!
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

!
Newsletter terms

Front page now

Further reading

Recent years have mauled global turbine industry, and German Nordex also notes growing deficits. | Foto: Nordex

Nordex deficit doubles in 2022

For subscribers