Scatec ASA - Company Profile
Powered by 
All the sales intelligence you need on Scatec ASA in one solution.
- Save hours of research time with a comprehensive
Sales Intelligence Solution.
- Understand how Scatec ASA fits into your total
addressable market and Ideal Customer Profile.
- Gain competitive edge with triggers that tell you
when and how to engage with Scatec ASA.
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward
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. 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 operational and under construction in Philippines, Laos, South Africa, Egypt, Malaysia, Brazil, Argentina, Honduras, Ukraine, Jordan, Mozambique, Czech Republic, Uganda, Vietnam, and Rwanda. The company’s services cater to emerging markets, providing clean energy solutions to various industries. It operates across five continents, with core markets in South Africa, Brazil, Egypt, and the Philippines. 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*
$1.6B
Net Profit Margin (2024)
XYZ
-10.0%
(2024 vs 2023)
* As of and is in US$
Scatec ASA premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| - | - |
| Hydro Power | Project Development: |
| Solar Power | Site Development |
| 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 | Commercial Operation | In June, the company began commercial operations at the 120 MW Sidi Bouzid II solar power plant in Tunisia. |
| 2026 | Contracts/Agreements | In May, the company signed an agreement with National Bank of Egypt for 1.1 GW solar and 100 MW/200 MWh battery storage hybrid project, Obelisk in Egypt. |
| 2026 | Commercial Operation | In May, the company's joint venture with Aboitiz Power began commercial operation of the 16 MW Magat battery energy storage system in the Philippines. |
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 | 62 |
| Terje Pilskog | Chief Executive Officer | Senior Management | 2022 | 54 |
| Hans Jakob Hegge | Chief Financial Officer | Senior Management | 2023 | - |
| Pal Helsing | Executive Vice President - Operations | Senior Management | 2015 | 66 |
| Alberto Gambacorta | Executive Vice President; General Manager - Sub-Saharan Africa | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer