Developer profile

Statkraft

Oslo, Norway

About

as of 2026-10

A Norwegian power company wholly owned by the Norwegian state, through the state enterprise Statkraft SF and the Ministry of Trade, Industry and Fisheries. It reports four segments: Nordics, which owns and operates hydro and wind power in the Nordic countries; Europe; International, covering selected markets outside Europe; and Markets, its trading arm. In offshore wind it has been in and out: it sold its stakes in the UK farms Sheringham Shoal and Dudgeon and completed that exit in 2018. It returned in 2021 through two partnerships off Norway, one with Aker and bp and one with Aker and Ocean Winds. Its 2025 strategy review stopped further offshore wind activities, leaving North Irish Sea Array off Ireland, held through a 50% joint venture, as its one remaining offshore wind project. Offshore wind is therefore a single holding at the edge of a group built on Nordic hydropower.

Outlook

as of 2026-09
No stated target, the return discipline, Hafrok's strategic read and 17 public statements on record. For registered readers · register below ↓

Portfolio

4 held + 3 exited · live stages first, exits last
Advanced Development · 0.25 GW (1)Proposed · 0.25 GW (1)Cancelled · 4.60 GW (2)

Capacity is net of ownership stake: a 50% JV counts half. Gross exposure (full nameplate of every project held): 1.00 GW.

ProjectCountryStageMWStakeNet MW
North Irish Sea Array (NISA) Ireland Advanced Development 500 50% 250
Bore Array Ireland Proposed 500 50% 250
Baltic Offshore Beta (Sweden) Sweden Cancelled 2500 100% 2500
Baltic Offshore Delta North (Sweden) Sweden Cancelled 2100 100% 2100
Dudgeon United Kingdom Divested 2017-12 402 30% sold —
Sheringham Shoal United Kingdom Divested 2017-12 317 40% sold —
Triton Knoll United Kingdom Divested 2017-10 857 50% sold —

Divested & farmed down

every recorded sale by this developer · newest first
AnnouncedProject / portfolioTypeStake sold€mBuyer
2017-12 Dudgeon acquisition 30% 629 China Resources
2017-12 Sheringham Shoal acquisition 40% 632 Equitix
2017-10 Triton Knoll acquisition 50% — innogy
2014-11 Sheringham Shoal farmdown 20% joint 304 Green Investment Group

Ownership history comes from the transaction database; the portfolio above is the current snapshot only. "Joint" stakes are the consortium total (per-seller split not disclosed) and are excluded from the stake-weighted GW figure.

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