The CEO of Statkraft, Birgitte Ringstad Vardtal, has highlighted the company’s strong portfolio of renewable energy assets and project opportunities in India. However, she emphasized that growing sustainably in the country will require significant investments. Statkraft has a presence in India, with a profitable portfolio of renewable energy assets in operation and an attractive project portfolio, as well as organizational capabilities. Despite this, further growth in the country will require considerable investment to take advantage of the opportunities available.
Outside of Europe, Statkraft plans to make more investments in South America. The region offers opportunities for the company to scale its business in its core areas of expertise. This expansion into new markets will help Statkraft to diversify its portfolio and reduce its dependence on a single region. The company’s decision to invest in South America reflects its ambition to grow sustainably and maintain its position as a leading player in the renewable energy sector.
Vardtal’s statements suggest that Statkraft is committed to expanding its reach and pursuing growth opportunities in new and existing markets. The company’s focus on scaling its business in its core areas of expertise will help it to achieve this goal, while also ensuring that it remains a sustainable and responsible business. Overall, Statkraft’s planned investments in South America and its ongoing presence in India demonstrate the company’s commitment to growth and its ambition to play a leading role in the global transition to a low-carbon economy.