Statkraft AS, together with its subsidiaries, operates as a renewable energy company. It develops and generates hydropower, wind power, gas power, and district heating. The company operates or has interests in hydropower plants in Norway, Sweden, and Finland; hydropower plants in South America, Asia, and Africa, as well as wind farms and 1 thermal power plant in South America; a hydropower plant of 20 MW in Turkey; and onshore wind farms in Norway, Sweden, and the United Kingdom, as well as an offshore wind farm in the United Kingdom. It also operates district heating facilities in Norway and Sweden. In addition, the company offers standard energy products, such as power, financial fuel contracts, renewable energy, carbon dioxide, and gas; and energy products and services, including price area and local currency hedging, cross commodity and fuel price hedging, virtual gas power and storage, electricity certificates, small scale hydropower and wind power, energy services, and energy generation from wood-based biomass, as well as provides analysis, risk management, procurement, and optimization services. Further, it develops 2 hydropower plants totalling 182 MW in southeast Europe and 3 hydropower plants totalling 619 MW in Turkey; engages in power trading; develops 7 wind farms in Sweden and 2 in the United Kingdom with an installed capacity totaling 421 MW; and is involved in distribution grid operations, natural gas distribution, and electrical contracting activities. The company has 350 power and district heating plants with a total installed capacity of 17,067 MW. It serves retail, distribution grid, and district heating customers primarily in Norway, Germany, Sweden, and Finland. The company is based in Oslo, Norway. Statkraft AS is a subsidiary of Statkraft SF.