Statkraft struggles with distant investments

Although Statkraft notes increasing earnings due to positive Nordic electricity prices, the company still faces challenges from investments far away from its hometown Oslo.

by SØREN SPRINGBORG

While Statkraft's cash cow – namely energy production from hydropower in Norway and Sweden – clearly improved performance in line with rising electricity prices in the Nordics during Q1 2017, the company's divisions farther from home are suffering more severe setbacks.

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Statkraft secures growth in Q1 2017
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Statkraft reduces deficit in spite of massive impairments
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Statkraft makes major impairments on wind and water
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