Private company

Statkraft AS

Logo: Statkraft, Public domain, via Wikimedia Commons4

Norwegian hydropower company

Statkraft AS is a hydropower company, fully owned by the Norwegian state. The Statkraft Group is Europe's largest generator of renewable energy, as well as Norway's largest and the Nordic region's third largest energy producer. Statkraft develops and generates hydropower, wind power, gas power, district heating and solar power.2 Its chief executive is Birgitte Ringstad Vartdal (since 2024).1 It employed 7,000 people in 2025.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 20, 2026.

Overview

1895Founded1
  • Industryenergy industry, renewable energy1
  • HeadquartersOslo1
  • Websitewww.statkraft.com
  • Legal formaksjeselskap1
  • Slogan“Renew the Way the World is Powered”1
  • LEI529900TH4OAW7WYG17773
  • StatusActive3
  • LEI statusIssued and current3
  • Registered addressLilleakerveien 6, 0283 Oslo, Norway3
  • Registered withThe Brønnøysund Register Centre, 9870596993

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Statkraft Lysaker IMG 3620
Photo: Bjoertvedt, CC BY-SA 4.0, via Wikimedia Commons6

Statkraft AS is a hydropower company, fully owned by the Norwegian state. The Statkraft Group is Europe's largest generator of renewable energy, as well as Norway's largest and the Nordic region's third largest energy producer. Statkraft develops and generates hydropower, wind power, gas power, district heating and solar power. It is also a player in the international energy markets. The company has 7,000 employees in over 20 countries with their headquarters located in Oslo, Norway.2

Corporate structure

Statkraft AS sits at the top of its group. 34 entities, 9 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Statkraft AS Oslo, Norway
    • Fosen Vind Subsidiary · 52.1% · Fosen
    • Forewind Subsidiary
    • Istad Subsidiary · Molde, Norway
    • Statkraft Brazil Subsidiary
    • Statkraft Industrial Holding Subsidiary · Oslo, Norway
    • TrøndelagKraft Subsidiary · Trondheim
    • STATKRAFT IH HOLDING AS Subsidiary · 100% · Oslo, Norway
    • Zonnepark Bollendonk B.V. Subsidiary · 100% · Rosmalen, Netherlands
    • ANDERSHAW WIND POWER LIMITED Subsidiary · London, United Kingdom
    • ENERFIN SOCIEDAD DE ENERGIA SL Subsidiary · Madrid, Spain
      • AEROGENERADORES DEL SUR SA Subsidiary · Madrid, Spain
      • ENERFIN ENERVENTO EXTERIOR, S.L. Subsidiary · Madrid, Spain
      • EOLICA MONTES DE CIERZO SL Subsidiary · Tudela, Spain
      • GALICIA VENTO .S.L. Subsidiary · Madrid, Spain
      • PARQUE EOLICO CERNEGULA SL Subsidiary · Madrid, Spain
      • PARQUE EOLICO DE MALPICA, S.A. Subsidiary · Madrid, Spain
    • FOXTROT SOLAR RENEWABLES ENERGY PRIVATE LIMITED Subsidiary · New Delhi, India
    • MER AS Subsidiary · Oslo, Norway
    • MULLAI RENEWABLES PRIVATE LIMITED Subsidiary · South Delhi, India
    • NELLAI RENEWABLES PRIVATE LIMITED Subsidiary · New Delhi, India
    • Statkraft Energi Subsidiary · Norway
    • Statkraft Financial Energy AB Subsidiary · Stockholm, Sweden
    • STATKRAFT FORSIKRING AS Subsidiary · Oslo, Norway
    • STATKRAFT INDIA PRIVATE LIMITED Subsidiary · New Delhi, India
    • STATKRAFT MARKETS PRIVATE LIMITED Subsidiary · Delhi, India
    • STATKRAFT TOFTE AS Subsidiary · Tofte, Norway
    • STATKRAFT UK LTD Subsidiary · London, United Kingdom
    • Statkraft US LLC Subsidiary · San Francisco, California, United States
    • Statkraft Ventures GmbH Subsidiary · Düsseldorf, Germany
    • TIDONG POWER GENERATION PRIVATE LIMITED Subsidiary · Delhi, India
    • TWENTYSHILLING LIMITED Subsidiary · London, United Kingdom
    • and 1 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

What it owns

What Statkraft AS reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

The story

The Norwegian state acquired its first ownership rights to a waterfall when they bought Paulenfossen in Southern Norway in 1895.

In 1921, the Norwegian Water Resources and Energy Directorate (NVE) was created to operate the nation's power plants. From 1950 to 1960, the state constructed large hydropower plants across the country.

In 1986, the power plants and central power grid were split off as Statskraftverkene, which was divided again in 1992 into Statkraft and Statnett. Statkraft SF was created as a government enterprise.

Through the 1990s and 2000s, Statkraft acquired a number of power plants in Norway in addition to expanding internationally. In 2004, Statkraft was reorganized as a limited company, Statkraft AS, still wholly owned by the state.

From Wikipedia’s article on Statkraft, shared under CC BY-SA 4.0.5

Leadership

Who has led Statkraft AS, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Christian Rynning-Tønnesen2010–2024
  2. Birgitte Ringstad Vartdal2024–now
197019801990200020102020

Products and brands

  • energy

Listed on Wikidata.1

Subsidiaries and ownership

Owners

Subsidiaries

Also owns

From Wikidata.1

Employees over time

  • 20257,0001

Timeline

  1. Apr 1, 2024New chief executive Birgitte Ringstad Vartdal becomes CEO1
  2. 2010New chief executive Christian Rynning-Tønnesen becomes CEO1
  3. 1895Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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