Statkraft plans to invest heavily in new hydro and wind projects in coming years, both in Scandinavia and elsewhere in Europe. The Norwegian utility wants to become a niche-player on the European scene, providing peak-hour electricity through its abundant hydropower capacity.

Statkraft plans to invest NKr 90bn up to 2015 mainly in hydro and wind power in Scandinavia and the UK, but also in the Balkans.

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