Scatec ASA
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Terje Pilskog
- Full Time Employees
- 990
- Sector
- Utilities
- Industry
- Alternative power generation
- Address
- Askekroken 11 Oslo Norway 0277
- IPO Date
- Oct 2, 2014
- Website
- scatecsolar.com
- Similar Companies
- Business
- Scatec ASA, a leading renewable energy solutions provider, develops, builds, owns and operates solar, wind, hydro power plants and battery energy storage systems; provides operations and maintenance, asset management, development and construction services; and offers modular lease-to-own solutions through its majority-owned subsidiary Release by Scatec. The company operates across four continents, primarily targeting emerging markets in Africa, South America, Asia and the Middle East, with 6.2 GW of capacity in operation or under construction as of late 2025. Founded in 2007 and headquartered in Oslo, Norway, Scatec focuses on accelerating access to reliable and affordable clean energy through long-term power purchase agreements and feed-in tariffs. In recent developments, Scatec signed an agreement in July 2024 to sell its 51% stake in an African hydropower joint venture to TotalEnergies, covering the 255 MW Bujagali plant in Uganda and development projects in Malawi and Rwanda/DRC/Burundi, with closure expected in the first half of 2025 to fund growth in core solar, wind and battery segments. The company also secured additional 64 MW solar and 10 MWh battery lease agreements in Liberia and Sierra Leone in October 2025 via Release by Scatec; reached financial close and started construction on projects including 142 MW Urucuia solar in Brazil, 288 MW solar PV in South Africa, and battery storage in South Africa in 2024; signed a 20-year offtake agreement for its Egypt Green Hydrogen project with Fertiglobe; and launched commercial operations at solar plants in Pakistan and the Mendubim project in Brazil with partners Hydro Rein and Equinor.
Company News
Scatec ASA (STECF) Q2 2026 Earnings Call Transcript
Scatec ASA (STECF) Q1 2026 Earnings Call Transcript
Scatec ASA (OTCMKTS:STECF) Short Interest Down 15.1% in March
Scatec ASA (OTCMKTS:STECF) Short Interest Up 227.9% in February
Scatec ASA (STECF) Q4 2025 Earnings Call Transcript
Invitation to presentation of Scatec ASA's fourth quarter results 2025
Scatec ASA: Successful placement of senior unsecured green bonds
Scatec ASA: Fixed income investor meetings
Scatec ASA (STECF) Q3 2025 Earnings Call Transcript
Invitation to presentation of Scatec ASA's third quarter results 2025
Scatec ASA: Resignation of board member
Scatec ASA (STECF) Q2 2025 Earnings Call Transcript
Invitation to presentation of Scatec ASA's second quarter results 2025
Scatec ASA: Completed share buyback for Employee Share Purchase Programme
Scatec ASA: Initiation of share buyback for Employee Share Purchase Programme
Scatec ASA (STECF) Q1 2025 Earnings Call Transcript
Scatec ASA (STECF) Q4 2024 Earnings Conference Call Transcript
Scatec ASA (STECF) Q3 2024 Earnings Call Transcript
Scatec ASA (STECF) Q2 2024 Earnings Call Transcript
Scatec ASA (STECF) Q1 2024 Earnings Call Transcript