Statkraft Legal Structure As of 06062104

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Statkraft Legal Structure As of 06062104 Legal Entities – consolidated companies, joint ventures, joint operations and associates Updated as of 06.06.2014 Statkraft AS 100 % Statkraft Energi AS 100 % Statkraft Asset Holding AS 100 % Hitra Vind AS 100 % Statkraft Industrial Holding AS 100 % Statkraft Forsikring AS 100 % Baltic Cable AB 100 % Statkraft France SAS 100 % Kjøllefjord Vind AS 66,62 % Skagerak Energi AS 100 % Statkraft Treasury Centre SA 100 % Statkraft Varme AS 100 % Plaine de l’Ain Power SAS 100 % Smøla Vind 2 AS 100 % Skagerak Kraft AS 100 % Statkraft Treasury Centre GBP SA 85 % Stjørdal Fjernvarme AS 100 % Statkraft Markets B.V. 100 % Statkraft UK Ltd. 81 % Sauland Kraftverk AS 100 % Statkraft Treasury Centre NOK SA 24.92 % Ecopro AS 100 % Devoll Hydropower Sh.A. 100 % Statkraft Energy Ltd. 55 % Grunnåi Kraftverk AS 100 % Statkraft Treasury Centre SEK SA 60.17 % Aktieselskabet Tyssefaldene 100 % Statkraft Soumi Oy 100 % Rheidol 2008 Trustees Ltd. 49 % Nape Kraft AS 40 % Småkraft AS 2) 48,6 % Kraftverkene i Orkla DA 100 % Ahvionkoski Oy 100 % Wind UK Invest Ltd. 100 % Skagerak Nett AS 50 % Luster Småkraft AS 33 % Aursjøvegen AS 13.2 % Länsi Suomen Voima Oy 80 % Baillie Windfarm Holdings Ltd. 100 % Skagerak Naturgass AS 35 % Rullestad og Skromme Energi AS 32.1 % Sira-Kvina Kraftselskap DA 100 % Statkraft Sverige AB 100 % Baillie Windfarm Ltd. 100 % Skagerak Elektro AS 100 % Statkraft Carbon Invest AS 100 % Statkraft Germany GmbH 90.1 % Gidekraft AB 100 % Statkraft Wind UK Ltd. 100 % Skagerak Varme AS 100 % Statkraft Financial Energy AB 100 % Statkraft Markets GmbH 100 % Statkraft Sverige Vattendel 3 AB 100 % Berry Burn Wind Farm Ltd. 51 % Skien Fjernvarme AS 100 % Statkraft Albania Shpk. 100 % Statkraft Holding Herdecke GmbH 50.57 % Harrsele AB 50 % Andershaw Wind Power Limited 50 % Viking Varme AS 67 % Statkraft IH Invest AS 50 % Kraftwerksgesselschaft Herdecke 50 % HPC Ammerån AB 50 % Scira Offshore Energy Ltd. 35 % Energi og Miljøkapital AS GmbH & Co. KG 100 % Statkraft Holding Knapsack GmbH 50 % HPC Byske AB 30 % Dudgeon Offshore Wind Ltd. 45.53 % Agder Energi AS 49.9 % Bergenshalvøens Kommunale 100 % Knapsack Power GmbH & Co 50 % HPC Edsox AB 29.75 % Spittal Hill Windfarm Ltd. KG Kraftselskap AS 100 % Knapsack Power 50 % HPC Röån AB 25 % Forewind Ltd. 3.15 % Fjordkraft AS 1) Verwaltungs GmbH 70 % Renewable Energies and Photovoltaics 100 % Statkraft Markets Financial 100 % Statkraft Vind AB 49 % Istad AS Services GmbH Spain S.L. 100 % Statkraft Trading GmbH 100 % Statkraft Leasing AB 62 % Statkraft Agder Energi Vind DA 100 % Statkraft Enerji A. Ş. 100 % Statkraft Romania S.R.L 90,1 % Statkraft Södra Vindkraft AB 100 % Çakit Enerji A. Ş. Legal entities that are classified as either joint ventures, joint operations or associates 100 % Statkraft South East Europe EOOD 100 % Statkraft Södra Vindarrende AB 100 % Anadulo Elektrik A. Ş. 1) Fjordkraft AS is owned by Statkraft Industrial Holding AS (3,15%), Skagerak Energi AS (48 %) and Bergenshalvøens 90.1 % Vindpark Em AB 100 % Çetin Enerji A. Ş. Kommunale Kraftselskap AS (48,85 %) 100 % Statkraft Western Balkans d.o.o. 2) Småkraft AS is owned by Statkraft AS (40 %), Skagerak Energi AS (20 %), Agder Energi AS (20 %) and Bergenshalvøens Kommunale Kraftselskap AS (20 %) 60 % Statkraft SCA Vind AB 100 % Kargı Kızılırmak Enerji A. Ş. 50 % SN Power AS This legal structure is for reference only. 100 % Statkraft Elektrik Enerjisi Toptan Sati ş Legal entities that are dormant are not shown in this 100 % Statkraft SCA Vind Elnät AB Ltd. Şirketi map. The legal structures of the Statkraft IH Invest Group and SN Power Group are shown on the next page. Legal entities that are owned less than 10% is 60 % Statkraft SCA Vind II AB 50 % Naturkraft AS not shown. For more detailed information regarding subsidiaries, joint ventures and associates, please refer to notes 24 and 39 to the Group Financial 100 % Statkraft Värme AB Statements for Statkraft AS for 2013. Legal Entities – consolidated companies, joint ventures, joint operations and associates Updated as of 06.06.2014 Statkraft AS 100 % Statkraft Asset Holding AS 67 % Statkraft IH Invest AS 50 % SN Power AS 100 % Statkraft IH Holding AS 100 % Statkraft Brasil AS 100 % SN Power Invest Netherlands BV 64.9 % Agua Imara AS 100 % Statkraft Holding Singapore Pte. Ltd. 100 % Statkraft Investimentos Ltda. 100 % SN Power Invest Asia Pte. Ltd 100 % Agua Imara ACA Pte Ltd 51 % Lunsemfva Hydropower 100 % Statkraft Holding Chile Pte. Ltd 49 % Malana Power Company Ltd. 100 % Statkraft Energia do Brasil Ltda. 100 % SN Power Philippines Inc Company Ltd 88 % Allain Duhangan Hydro 40.65 % Desenvix Energias 100 % Statkraft Chile Inversiones 50 % SN Aboitiz Power-Benguet Inc. 2) 100 % Muchinga Power Company Ltd Electricas Ltda. Power Ltd. Renovaveis SA 100 % Statkraft Chile Tinguiririca SCC 100 % Dugar Hydro Power Ltd. 50 % SN Aboitiz Power-Cordillera Inc. 2) 50.1 % Fountain Intertrade Corporation 50 % Hidroelectrica La Confluencia S.A 100 % Statkraft India Pvt. Ltd. 50 % SN Aboitiz Power-Generation Inc. 2) 50.1 % Hidro Burica SA 50 % Hidroelectrica La Higuera S.A 100 % Statkraft Markets Pvt. Ltd. 50 % SN Aboitiz Power-Hydro Inc. 2) 100 % Statkraft Market Services 52.2 % Himal Power Ltd 50 % SN Aboitiz Power-Magat Inc. 2) Chile S.A. 50 % SN Aboitiz Power-Nueva 100 % Statkraft Holding Peru Pte. Ltd 100 % Statkraft Holding Nepal Ltd. Ecija Inc. 2) 100 % Statkraft Peru Holding S.R.L 30 % Nividhu Pvt. Ltd. 50 % SN Aboitiz Power-Pangasinan Inc. 2) 100 % Statkraft Peru SA 50 % SN Aboitiz Power-RES Inc. 2) 100 % Empresa de Generacion 16.67 % Manila-Oslo Renewable Electrica Cheves S.A. Enterprise Inc Legal entities that are classified as either joint ventures, joint operations or associates 3) The NS Aboitiz companies are owned by SN Power Invest Netherlands BV (40%) and Manila-Oslo Renewable Enterprice Inc (60%) This legal structure is for reference only. Legal entities that are dormant are not shown in this map. Legal entities that are owned less than 10% is not shown. For more detailed information regarding subsidiaries, joint ventures and associates, please refer to notes 24 and 39 to the Group Financial Statements for Statkraft AS for 2013..
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