Scatec
Highly Engaged Employees
Highly Engaged EmployeesElectricity, Oil & Gas · Norway · 1K - 5K Employees
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Overview
Headquarters
Askekroken 11, Oslo, Oslo, 0277, NorwayPhone Number
+4748085500Website
www.scatec.comRevenue
$418 MillionStock Symbol
SCATCIndustry
ZI Rank: 5
Signal Type
Mar
Apr
May
Jun
Jul
Aug
ZI Rank
6
3
5
5
6
5
About Scatec
Scatec is a renewable-energy company that develops, builds, owns, and operates solar, wind, and hydropower projects. Scatec is a leading renewable energy solutions provider, accelerating access to reliable and affordable clean energy in emerging markets. As a long-term player, we develop, build, own and operate renewable energy plants, with GW in operation and under construction across four continents today.Explore more
Scatec Org Chart
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Company Profile Activity
Activity Insights
Scatec is experiencing very low activity levels compared to other companies in the Energy, Utilities & Waste sector.
What does this means?
Scatec is drawing exceptional interest within the Energy, Utilities & Waste industry, suggesting notable developments or strong market momentum, learn more about Scatec.
Scatec financials insights
Gather financial insights about Scatec, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2021
Debt
$100M
2022
Debt
$22M
Debt
$16.5M
2023
Private Equity
$102M
2024
Grant
$32M
2025
Other Financing Round
$27M
2026
Other Financing Round
$153.1M
Scatec Tech Stack
A closer look at the technologies used by Scatec
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Most Recent Scoops
Earnings
reported ancillary services revenues of NOK 199 million and contract and spot energy revenues of NOK 45 million from its Philippines operations for the quarter, with spot prices rising to 9.6 pesos per kilowatt hour compared to 6 pesos per kilowatt hour in the same quarter last year.
Earnings, Energy / Power, Finance
Earnings
reported consolidated revenue of NOK 1.37 billion for the quarter, compared to NOK 1.3 billion in the same quarter last year, with EBITDA of NOK 824 million versus NOK 1 billion year-on-year, while proportionate revenues were NOK 2.3 billion and proportionate EBITDA was NOK 1 billion compared to NOK 1.1 billion in the prior year period.
Earnings, Finance
Earnings
reported power production revenues of slightly above NOK 1 billion for the quarter, reflecting a 4% reduction compared to the same quarter last year after adjusting for a one-off Philippines tariff effect, with new projects contributing NOK 83 million in revenues, partially offset by non-recurring effects in Ukraine and South Africa.
Earnings, Energy / Power, Finance
Earnings
reported a remaining Development and Construction contract portfolio value of NOK 3.8 billion, with expected gross margins of 10% to 12% across the portfolio, and guided that Mogobe BESS and Binga BESS are expected to reach commercial operation by year-end, with four additional projects to follow in H1 2027 across the Philippines, Colombia, and South Africa.
Product Development, Contracts
Earnings
Earnings, Business Finance, Finance, Financial Transactions
Scatec News & Media
Scatec starts construction on Urleascan wind project in Romania | Energy Global
Scatec ASA has secured financing for its 77 MW Urleasca onshore wind project in Romania, enabling the project to start construction.Scatec's 77 MW Urleasca wind project in Romania is starting construction
Oslo, 20 August 2026: Scatec ASA ("Scatec"), a leading renewable energy solutions provider, has secured financing for its 77 MW Urleasca onshore wind project in Romania, enabling the project to start construction. The project is supported by a Contract-for-Difference (CfD) covering approximately 57% of expected production. The Urleasca project marks Scatec's entry into onshore wind…Scatec starts commercial operations for Obelisk solar project in Egypt
Obelisk will deliver more than 3,000GWh of electricity annually to EETC under a 25-year PPA.Scatec Enters Europe's Onshore Wind Market for First Time with 77 MW Project in Romania
Renewable Energy Industry worldwide, maps, companies around the world, press release center, RENIXX Stock Index, renewable green industry, renewable jobs, events, research, education
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Frequently Asked Questions Regarding Scatec
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Scatec is a renewable-energy company that develops, builds, owns, and operates solar, wind, and hydropower projects. Scatec is a leading renewable energy solutions provider, accelerating access to reliable and affordable clean energy in emerging markets. As a long-term player, we develop, build, own and operate renewable energy plants, with GW in o... Read More
