Statkraft AS credit rating outlook revised from stable to negative

25 Mar 2025 14:01 CET

(Oslo, 25 March 2025) Today, S&P Global Ratings has revised Statkraft's outlook
for the A credit rating from stable to negative on weakening performance. The
change in outlook is a result of weaker-than-anticipated financial metrics for
Statkraft AS in 2024, and S&P Global Ratings view that Statkraft's credit
metrics may not recover in 2025-2027.

Statkraft remains committed to maintaining a rating target of A- from Standard &
Poor's and BBB+ from Fitch

For further information, please contact:

VP Group Treasury Stephan Skaane, tel.: +47 905 13 652

Funding Manager André Halle Julin, tel.: +47 992 54 205

More information:
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