Statkraft presents continued strong results in Q1

Wind Industry Profile of

Statkraft delivered strong results in the first quarter of 2023, with solid operations in all geographies and continued strong performance in Markets. Statkraft realised a gain of NOK 1.6 billion after selling half of its offshore wind portfolio in Ireland.

Net operating revenues rose to NOK 24.5 billion from NOK 22.1 billion in Q1 2022, while underlying EBIT increased to NOK 18.5 billion (NOK 18.0 billion), Statkraft’s second strongest quarter ever. Power prices were somewhat lower in general, but prices increased in northern Norway and Sweden. Statkraft and Skagerak Energitjenester were first to offer new and more customised fixed-price power contracts to Norwegian businesses in early May. Statkraft signed its first long-term... ... More: Official Press Release Statkraft

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Statkraft, results, Q1, quarter, 2023, market, price, EBIT, stake, shareholder, Norway, PPA, power supply, renewables