Statkraft narrows Q2 loss on higher Nordic prices

Statkraft posted an improved underlying EBITDA of NOK 6.6 billion in Q2 2026 driven by higher Nordic power prices, but still reported a negative net profit of NOK 1.5 billion due to a 171% Norwegian resource rent tax on hydropower. The company completed strategic divestments, merged fast-charging ventures with Eviny, and reiterated plans to invest NOK 16-20 billion annually while adding more than 600 MW of renewable capacity as hydropower output remained constrained.