Executive Transition at Statkraft Energias Renováveis S.A.

The board of Statkraft Energias Renováveis S.A. announced that Anna Nord Bjercke, the company’s Chief Financial Officer, will step down effective immediately to pursue opportunities outside the firm. In accordance with the board’s succession plan, Tone Aastveit Skuterud, currently Vice‑President of People, Organisation and Sustainability, will assume the role of Acting CFO beginning 1 January 2026. Skuterud joined the Group Management in April 2025 from Telenor, where she held several senior‑management posts, and brings with her 12 years of experience at Statkraft, including senior roles in finance and operations.

The transition is expected to be seamless, as Skuterud’s familiarity with the company’s financial architecture and strategic objectives will allow her to maintain continuity in budgeting, reporting, and capital‑allocation processes. The board has expressed confidence that the interim leadership will preserve the firm’s disciplined approach to risk management and support ongoing investment in renewable‑energy assets across Brazil.

Market Context and Strategic Implications

Statkraft’s Brazilian subsidiary operates within a rapidly evolving renewable‑energy landscape, characterized by aggressive policy support for wind, solar, and storage projects. The recent succession of a seasoned executive from the broader Statkraft family signals a continued emphasis on consolidating the group’s financial stewardship while pursuing cross‑border growth.

Simultaneously, the broader Statkraft group has been active in international transactions. On 10 December 2025, Atlantica Sustainable Infrastructure announced the completion of its acquisition of Statkraft’s Canadian renewable‑energy platform, comprising 236 MW of operating assets and a 600 MW pipeline of projects. While this transaction pertains to the Norwegian parent, it underscores the group’s strategy of expanding its North American footprint and may create synergies with the Brazilian operations through shared technology, supply‑chain efficiencies, and best‑practice exchanges.

In the same week, European renewable developers—most notably Danish investor Copenhagen Infrastructure Partners (CIP) and French utility Engie—were engaged in a competitive bidding process for Ørsted’s European onshore wind portfolio, valued at approximately €1 billion. Although not directly linked to Statkraft Energias Renováveis, the development signals heightened activity and consolidation within the offshore and onshore wind sectors. The Brazilian market, with its growing demand for renewable capacity, could benefit from the knowledge and capital that arise from these international deals.

Forward‑Looking Perspective

The appointment of Tone Aastveit Skuterud as Acting CFO aligns with Statkraft Energias Renováveis S.A.’s long‑term commitment to robust financial governance. Her dual exposure to internal operations and external market dynamics positions the company to navigate the anticipated increase in renewable‑energy projects, regulatory shifts, and potential capital‑raising initiatives.

With the group’s international transactions reinforcing its position as a global renewable‑energy provider, the Brazilian subsidiary can leverage best practices and cross‑border partnerships to accelerate its own portfolio expansion. Investors can therefore expect continued focus on transparent reporting, prudent risk management, and strategic deployment of capital toward high‑yield renewable assets.

The transition and surrounding market developments collectively reinforce Statkraft Energias Renováveis S.A.’s reputation as a disciplined, forward‑thinking player in Brazil’s renewable‑energy sector.