Scatec

Electricity, Oil & Gas · Norway · 1K - 5K Employees

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Overview

Headquarters

Askekroken 11, Oslo, Oslo, 0277, Norway

Phone Number

+4748085500

Revenue

$418 Million

Stock Symbol

SCATC

Industry

Electricity, Oil & Gas Energy, Utilities & Waste
ZI Rank: 5
Signal Type
Mar
Apr
May
Jun
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Aug
ZI Rank
6
3
5
5
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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's Social MediaPopular SearchesScatec AsaScatecscatec solar north america IncSN Power AsScatec Africa Pty (Ltd)SIC Code 49,491NAICS Code 22,221Ticker STO: SCATCShow more

Scatec Org Chart

PhoneEmail
DK
Norway flag for contact location.

Chief Financial Officer & Vice President, Fin...

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KM
Norway flag for contact location.

Controller & Analyst

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LS
Norway flag for contact location.

Project Cost Controller

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FW
Norway flag for contact location.

Senior Business Controller

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TS
Norway flag for contact location.

Facilities Controller

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AT
Norway flag for contact location.

Material Controller

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AD
Norway flag for contact location.

Material Controller

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TC
Norway flag for contact location.

Cost Controller

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EM
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Cost Controller

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Company Profile Activity

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Among all Energy, Utilities & Waste companies

Low Activity

High 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

See All Scatec's Financials Insights

Scatec Tech Stack

A closer look at the technologies used by Scatec

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
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Scatec News & Media

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Frequently Asked Questions Regarding Scatec

What is Scatec's stock symbol?
Scatec's stock symbol is SCATC
What is Scatec's official website?
Scatec's official website is www.scatec.com
What is Scatec's Revenue?
Scatec's revenue is $418 Million
What is Scatec's SIC code?
Scatec's SIC: 49,491
What is Scatec's NAICS code?
Scatec's NAICS: 22,221
How many employees does Scatec have?
Scatec has 1K - 5K employees
What industry does Scatec belong to?
Scatec is in the industry of: Electricity, Oil & Gas, Energy, Utilities & Waste
What technology does Scatec use?
Some of the popular technologies that Scatec uses are: Freshservice, Zingfit, DocuSign, WordPress.org
Who is the CFO of Scatec?
Scatec's CFO is Dagher Khater
How do I contact Scatec?
Scatec contact info: Phone number: +4748085500 Website: www.scatec.com
What does Scatec do?

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... peration and under construction across four continents today.Read More

What are Scatec social media links?
Scatec Linkedin page Scatec Twitter page Scatec Facebook page
Who invested in Scatec?
Scatec has 14 investors including Faysal Bank, Pakistan Kuwait Investment, The Bank of Punjab and FMO NV.
Is Scatec a public company?
Yes, Scatec is a public company and is traded under the symbol SCATC
See more information about Scatec

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