Statkraft strengthens its position in Sweden through wind power acquisitions - Seite 2

The portfolio includes nine projects located in the Swedish part of the Western Sea, the Baltic Sea, the Bothnian Sea and the Gulf of Bothnia. The total potential capacity of the projects is approx. 21 000 MW with an expected annual production of over 80 TWh per year. As part of the company's strategy to grow significantly in wind power, Statkraft is planning considerable investments in offshore wind power in Sweden going forward.

- Njordr Offshore Wind has been a pioneer within offshore wind in Sweden, establishing a strong project team and a significant project pipeline by utilizing the project origination expertise of Vindkraft Värmland. This transaction validates Njordr's strategy and how we are able to realise significant value from taking early positions, says Anders Hærland, chairman of the board of Njordr.

Work is now starting to integrate Svevind Nordic and Njordr Offshore Wind into Statkraft's operations. The Svevind brand will remain for other operations that the Svevind Group conducts outside of Sweden. The Njordr Group also has operations in onshore wind and solar power in Sweden, Norway and Finland. These activities are not covered by the transaction.

About SVEVIND Energy Group
The SVEVIND Energy Group is a European project developer with more than 30 years of experience in the renewable energy sector. The group, founded by Wolfgang Kropp and headquartered in Dresden, Germany, plans, develops, and markets renewable energy projects. In northern Sweden, the groups subsidiary SVEVIND developed Europe's largest onshore wind farm – the MARKBYGDEN 1101 project. The project is scheduled for completion in 2026 and will have a capacity of 3.4 gigawatts. Currently, wind turbines with a total capacity of 2,000 MW are in operation within MARKBYGDEN 1101. With its newest project Hyrasia one the SVEVIND Energy Group is focusing on developing large scale green hydrogen production projects in the vast steppe regions of Kazakhstan in Central Asia.

About Njordr Offshore Wind
Njordr Offshore Wind AB, based in Karlstad, Sweden, is a wind power company that identifies and develops offshore wind power. The company has built an effective interdisciplinary team that, with broad competence and short decision-making paths, is ready to contribute to a large-scale green energy transition in the Nordics.

About Statkraft
Statkraft is a leading company in hydropower internationally and Europe’s largest generator of renewable energy. The Group produces hydropower, wind power, solar power, gas-fired power and supplies district heating. Statkraft is a global company in energy market operations. Statkraft has 5,700 employees in 21 countries.

For further information, please contact:
Lars Magnus Günther, Press spokesperson Statkraft AS
[phone]
[e-mail]

Mikael Petrovic Wågmark, Communication Manager, Statkraft Sweden
[phone]
[e-mail]

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