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July 30, 2015 11:54 PM ET

Independent Power and Renewable Electricity Producers

Company Overview of Statkraft SF

Company Overview

Statkraft SF produces renewable energy in Europe. It develops and generates hydropower, wind power, gas power, and district heating. The company is also involved in the distribution grid operations, electrical entrepreneur activities, and natural gas distribution activities, as well as in the provision of financial fuel contracts for customers who are exposed to coal, gas, and various oil product prices. Statkraft SF is based in Oslo, Norway.

Lilleakerveien 6

Oslo,  0283

Norway

3,475 Employees

Phone:

47 24 06 70 00

Fax:

47 24 06 70 01

Key Executives for Statkraft SF

Chief Executive Officer and President
Age: 55
Chief Financial Officer and Executive Vice President
Age: 38
Head of Internal Auditing, Director and Chairman of Audit Committee
Age: 71
Executive Vice President of Wind Power & Technologies
Age: 61
Executive Vice President of Power Generation
Age: 49
Compensation as of Fiscal Year 2015.

Statkraft SF Key Developments

Consortium including Credit Suisse Energy Infrastructure Seeks TO Acquire Stake In Statkraft

A consortium led by Credit Suisse Energy Infrastructure Partners AG is seeking to acquire 44.9%-39.9% stake in Statkraft SF, according to Statnett SF. Statnett is expected to have 50.1% stake in Statkraft and Troender Energi As aims at acquiring 5-10% stake in Statkraft.

Statkraft Launches Venture Capital Unit to Partner with Dynamic Start-Ups; Appoints Matthias Dill as Managing Director

Statkraft SF established a venture capital unit. Statkraft Ventures GmbH will invest up to EUR 10 million per annum in energy related start-ups. Statkraft Ventures will be investing as a lead investor. Initial investments will be in the range up to EUR 2.5 million. The fund operates out of Düsseldorf and targets investment opportunities across Europe. Dr. Matthias Dill has been appointed as managing director.

RWE Innogy and Statkraft Team to Develop 900MW UK Offshore Wind Farm

RWE Innogy has signed a 50:50 partnership agreement with Statkraft for the development of the Triton Knoll offshore wind farm, off the east coast of England. Under the agreement, Statkraft-managed RWE/Statkraft project team will be responsible for development and construction phases of the 900MW wind farm. Expected to cost between £3 billion and £4 billion, the wind farm will provide enough electricity to meet the energy needs of up to 800,000 average households annually while creating up to 1,900 jobs.

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