Scatec ASA - Company Profile
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Scatec ASA (Scatec) is a renewable energy provider focused on developing, building, owning, and operating renewable energy plants. The company primarily offers renewable energy solutions through long-term power purchase agreements. It develops and operates a diversified portfolio of renewable energy and storage solutions that includes solar, wind, hydropower, battery storage, and hybrid systems. Scatec conducts project origination and development, project financing, design and engineering, procurement and construction management, operation and maintenance, and asset management. It has solar power plants in operation and under construction in the Philippines, Laos, South Africa, Egypt, Malaysia, Brazil, Honduras, Ukraine, Jordan, Czech Republic, Uganda, and Vietnam. The company’s services cater to emerging markets, providing clean energy solutions to various industries. Scatec is headquartered in Oslo, Norway.
Headquarters
Norway
Address
Postboks 1049 Hoff, Oslo, 0218
Website
scatec.com
Telephone
47 48 085500
No of Employees
918
Industry
Alternative Energy
Ticker Symbol & Exchange
SCATC (OSL)
Revenue (2024)
$349.3M
-16.9%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-25.2%
(2024 vs 2023)
Market Cap*
$1.7B
Net Profit Margin (2024)
XYZ
-10.0%
(2024 vs 2023)
* As of and is in US$
Scatec ASA premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Solar Power | Project Development: |
| Onshore Wind Power | Site Development |
| Hydropower | System Design |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Financing Agreements | In August, the company secured financing to start construction for its 77 MW Urleasca onshore wind project in Romania. |
| 2026 | Asset Purchase | In July, the company acquired the 77 MW Urleasca onshore wind project in Romania from OX2. |
| 2026 | Commercial Operation | In June, the company began commercial operations at the 120 MW Sidi Bouzid II solar power plant in Tunisia. |
Competitor Comparison
| Key Parameters | Scatec ASA | Statkraft AS | EAM Solar ASA | Norsk Renewables AS | Emergent Energy (Pty) Ltd |
|---|---|---|---|---|---|
| Headquarters | Norway | Norway | Norway | Norway | South Africa |
| City | Oslo | Oslo | Oslo | Stavanger | Cape Town |
| State/Province | Oslo | Oslo | Oslo | - | - |
| No. of Employees | 918 | 6,915 | 4 | 8 | - |
| Entity Type | Public | Private | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jorgen Kildahl | Chairman | Executive Board | 2024 | 63 |
| Terje Pilskog | Chief Executive Officer | Senior Management | 2022 | 55 |
| Hans Jakob Hegge | Chief Financial Officer | Senior Management | 2023 | - |
| Alberto Gambacorta | Executive Vice President; General Manager - Sub-Saharan Africa | Senior Management | - | - |
| Karianne Kristiansen | Executive Vice President - People and Organisation | Senior Management | 2025 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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