'Statkraft is presenting the largest investment program of its kind in hydro- and wind power in Norway for decades'. : Statkraft AS has announced plans to shell out as much as EUR 6 billion ($6.59 billion) to upgrade its hydro and wind power generation projects and build more wind farms in Norway. “Today, Statkraft is presenting the largest investment program of its kind in hydro- and wind power in Norway for decades”, Christian Rynning-Tonnesen, chief executive of the state-owned company, said in a recent press release.