Scatec ASA - Company Profile
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Scatec ASA (Scatec), is an integrated independent producer of renewable energy that develops, builds, owns and operates different renewable energy plants. The company conducts project origination and development, project financing, design and engineering, procurement and construction management, operation and maintenance, and asset management. Scatec 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 also has a pipeline of projects under development in Africa, Latin America, Europe and Central Asia, and Southeast Asia. Scatec is headquartered in Oslo, Norway.
Headquarters
Norway
Address
Askekroken 11, Oslo, 0277
Website
scatec.com
Telephone
47 48 085500
No of Employees
751
Industry
Alternative Energy
Ticker Symbol & Exchange
SCATC (OSL)
Revenue (2022)
$322.0M
13.2%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
147.1%
(2022 vs 2021)
Market Cap*
$1.0B
Net Profit Margin (2022)
XYZ
141.6%
(2022 vs 2021)
* As of and is in US$
Scatec ASA premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Solar Power | Project Development: |
| Wind Power | Site Development |
| Hydro Power | System Design |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Commercial Operation | In March, the company and its partners Hydro Rein and Equinor ASA announced the supply and production of electricity from the Mendubim solar plant in Rio Grande do Norte, Brazil. |
| 2024 | Contracts/Agreements | In February, the company partnered with Standard Bank and its asset management unit Stanlib to introduce Lyra Energy, focused on providing a low-risk, flexible commercial solution for South Africa's private sector. |
| 2024 | Contracts/Agreements | In February, the company signed an agreement with Egyptalum to build a 1,000 MW solar power plant in Egypt. |
Competitor Comparison
| Key Parameters | Scatec ASA | Statkraft AS | Norsk Renewables AS | EAM Solar ASA | Emergent Energy (Pty) Ltd |
|---|---|---|---|---|---|
| Headquarters | Norway | Norway | Norway | Norway | South Africa |
| City | Oslo | Oslo | Stavanger | Oslo | Cape Town |
| State/Province | - | Oslo | - | - | - |
| No. of Employees | 751 | 5,300 | 32 | - | - |
| Entity Type | Public | Private | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| John Andersen Jr. | Chairman | Executive Board | 2014 | 56 |
| Terje Pilskog | Chief Executive Officer | Senior Management | 2022 | 52 |
| Hans Jakob Hegge | Chief Financial Officer | Senior Management | 2023 | - |
| Andreas Austrell | Vice President - Investor Relations | Senior Management | - | - |
| Eliseo (Andy) Ana | Executive Vice President - Asia | Senior Management | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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