- Q4 2025 power generation reached 19.4 TWh, the highest ever for the quarter.
- Full-year 2025 production was a record 72.1 TWh, with 51.2 TWh in Norway.
- Investments totaled NOK 18.0 billion, mainly in the Nordics and Europe.
- Divestment agreements valued at NOK 15.8 billion were signed.
Quarterly Performance
In the fourth quarter of 2025, Statkraft achieved a power generation of 19.4 TWh, marking the highest level ever for this period. The underlying EBITDA for the quarter was NOK 8.3 billion, an increase from NOK 7.1 billion in the previous year. However, the quarter ended with a net loss of NOK 0.04 billion, influenced by impairments and high tax costs.
Annual Highlights
For the full year 2025, Statkraft recorded a total power generation of 72.1 TWh, with 51.2 TWh produced in Norway. The underlying EBITDA for the year was NOK 26.8 billion. Despite these achievements, the company reported a net loss of NOK 0.4 billion, primarily due to lower prices in the first half of the year, impairments, and high tax costs.
Financial Activities
Statkraft proposed a dividend of NOK 8.4 billion for the year. The company also signed divestment agreements with an enterprise value of NOK 15.8 billion. Investments during the year amounted to NOK 18.0 billion, focusing mainly on projects in the Nordics and Europe.
