Statkraft AS
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Statkraft AS - overview
Established
1895
Location
Oslo, -, Norway
Primary Industry
Renewable Energy
About
Based in Norway, Statkraft AS functions as a prominent renewable energy company, focusing on generating sustainable power through diverse energy assets. Founded in 1895 and headquartered in Oslo, Norway, Statkraft AS specializes in renewable energy production and operation. The company has evolved its business strategy to prioritize sustainability and efficiency, becoming one of Europe's largest hydropower generators and expanding its presence in wind and solar energy sectors. Statkraft is a leading player in the renewable energy sector, specializing in the production and operation of various energy assets, including hydropower, wind power, solar power, and gas-fired power generation.
Their core offerings are centered on generating clean, sustainable energy solutions for a diverse range of customers, including utilities, industrial clients, and municipalities across Europe, South America, and Asia. Statkraft operates the largest hydropower generation portfolio in Europe and ranks among the top producers globally, while also maintaining a significant footprint in onshore wind and solar development. Their services include district heating solutions and energy trading, aimed at optimizing energy use and delivery to meet the evolving needs of their clients. This comprehensive suite of renewable energy solutions is designed to address the growing demand for sustainable energy sources, reflecting Statkraft's commitment to driving the energy transition.
In the most recent fiscal year of 2022, Statkraft reported a revenue of USD 16,455. 88 mn, with an EBITDA of USD 5,934. 23 mn. The company's revenue generation model is primarily based on the sale of electricity produced from its extensive portfolio of renewable energy assets.
Statkraft engages in various business structures, including B2B transactions with utilities and direct sales to commercial and industrial clients. Their revenue streams are bolstered by long-term contracts, market trading activities, and partnerships that facilitate energy supply solutions tailored to specific client needs. Through its extensive operations, Statkraft not only contributes to local economies but also plays a pivotal role in the global shift towards sustainable energy practices.
Primary Industry
Renewable Energy
Sub Industries
Power Generation Equipment & Services, Biomass, Hydro Power, Solar Power, Wind Power
Website
www.statkraft.com
Verticals
Clean Technology
Total Amount Raised
Subscriber access only
Statkraft AS - timeline of key events
Statkraft AS - financials
| Fiscal Year Ended | Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 29,252,000,000 | 22,371,000,000 | 32,331,000,000 | - | 52,254,000,000 | 20,090,000,000 | 20,620,000,000 | 30,097,000,000 | 27,585,000,000 | 47,933,000,000 | 33,875,000,000 | 84,656,000,000 | - | - | - |
| % Revenue Growth (YoY) | - | (23.5%) | 44.5% | - | - | (61.6%) | 2.6% | 46.0% | (8.3%) | 73.8% | (29.3%) | 149.9% | - | - | - |
| EBITDA (USD) | 15,955,000,000 | 9,767,000,000 | 9,908,000,000 | - | 17,631,000,000 | 10,215,000,000 | 6,488,000,000 | 20,703,000,000 | 19,013,000,000 | 20,803,000,000 | 9,814,000,000 | 33,840,000,000 | - | - | - |
| Operating Income (USD) | 12,750,000,000 | 6,203,000,000 | 5,365,000,000 | - | 13,560,000,000 | 3,814,000,000 | 3,086,000,000 | 17,041,000,000 | 15,446,000,000 | 16,979,000,000 | 5,748,000,000 | 29,727,000,000 | - | - | - |
| Operating Margin | 43.6% | 27.7% | 16.6% | - | 26.0% | 19.0% | 15.0% | 56.6% | 56.0% | 35.4% | 17.0% | 35.1% | - | - | - |
| % EBITDA Margin | 54.5% | 43.7% | 30.6% | - | 33.7% | 50.8% | 31.5% | 68.8% | 68.9% | 43.4% | 29.0% | 40.0% | - | - | - |
| NET Income (USD) | 7,451,000,000 | 40,000,000 | 4,671,000,000 | - | 3,892,000,000 | (2,369,000,000) | (179,000,000) | 11,732,000,000 | 13,390,000,000 | 11,328,000,000 | 3,531,000,000 | 16,081,000,000 | - | - | - |
| % Net Margin | 25.5% | 0.2% | 14.4% | - | 7.4% | (11.8%) | (0.9%) | 39.0% | 48.5% | 23.6% | 10.4% | 19.0% | - | - | - |
Statkraft AS - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | SN power AS | - | ||||||||
| N/A | Completed | Vasstøl Power Plant | - | ||||||||
| Buyout | Completed | SN power AS | - |
Displaying 1 - 3 of 3
Statkraft AS - employee data
Statkraft AS - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Member of the Board | BM | ||||||
| Member of the Board of Directors | BM | ||||||
| Chairman of the board, sportsteam headquarter | BM |
BM Board Member
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