GlobeNewsWire
18 Jun 2026, 06:30 UTC · 2h ago
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Alcoa and Statkraft signed two power agreements for approximately 4.8 TWh of electricity for the period 2028–2031. — Securing long-term, competitively priced power reduces operational risk and stabilizes cost structures for a power-intensive aluminum smelter.
+0.40Alcoa's Lista plant has restored its nameplate capacity to 95,000 metric tonnes per annum following the restart of Production Line 2. — The return to full capacity directly increases Alcoa's production output and revenue potential from the Norway site.
+0.30Statkraft reports that Alcoa is the latest of several large industrial companies to enter long-term power agreements this year. — Indicates strong corporate demand for renewable energy PPAs and a functioning power market in the NO2 region.
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Secured long-term power agreements and successfully restarted production capacity at its Lista plant.
Mentioned as having signed a new long-term power purchase agreement for its plant.
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