In the first quarter of 2023, Statkraft has presented promising financial results, showcasing an increase in underlying earnings before interest and tax (EBIT) as well as revenues. The underlying EBIT climbed to Nkr18.5bn (€1.56bn), surpassing the Nkr18bn recorded during the same period in 2022. This growth is a testament to the company's strong operational performance across various geographical locations and its consistent excellence in the markets segment.
Furthermore, the net operating revenues also experienced a positive surge, reaching Nkr24.5bn in Q1 2023, compared to Nkr22.1bn achieved in Q1 2022. This substantial increase in net operating revenues further solidifies Statkraft's position as a leading player in the energy industry.
Notably, Statkraft made an advantageous move by selling half of its offshore wind portfolio in Ireland to Copenhagen Infrastructure Partners (CIP) in January, resulting in a gain of Nkr1.6bn. This strategic partnership with CIP highlights Statkraft's potential in creating value within the offshore wind sector and its dedication to assuming an industrial role both in Ireland and the North Sea.
Moreover, the collaboration between the two entities entails ambitious plans for future investment in offshore wind projects in Ireland, with a projected investment exceeding Nkr40bn. This commitment underscores Statkraft's determination to contribute significantly to the development of renewable energy, both domestically in Norway and on an international scale.
Christian Rynning-Tønnesen, the CEO of Statkraft, expressed enthusiasm regarding the partnership with CIP, emphasizing the company's overarching objective to drive green growth and fulfill the escalating demand for renewable energy. To achieve this, Statkraft remains committed to expanding its project portfolio and bolstering its organizational capacity.
Through these achievements and strategic endeavors, Statkraft showcases its unwavering commitment to sustainable energy solutions, while simultaneously capitalizing on opportunities for growth and international collaboration. The company's exceptional performance in the first quarter of 2023 positions it favorably within the dynamic and ever-evolving energy sector.
