We are

Improving our Future

By securing long term, reliable clean energy

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A team of

Agile Changemakers

working together and driving results

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Renewable and Sustainable energy

In our home markets across four continents

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Fourth quarter results 2023

In the fourth quarter, Scatec reported proportionate revenues of NOK 1.7 billion (1.8), with an EBITDA of NOK 808 million (786). In the development and construction segment, we delivered revenues of NOK 532 million (627) with a gross margin of 15 percent.

For the year we reported all-time high proportionate revenues of NOK 12.7 billion (5.1) and EBITDA of NOK 3.8 billion (2.6), driven by high construction activity.


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COP28 - Accelerating the green energy transition

COP28 is a crucial international gathering where world leaders, organisations, and stakeholders discuss and negotiate global efforts to address climate change and promote sustainable solutions.

As COP28 convenes global leaders, Scatec emphasises the need to sustain momentum for sustainable solutions. The company urges collaboration, highlighting the collective responsibility to tackle climate challenges and calling for decisive action toward a resilient, green future

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“Renewable energy is more critical than ever. There is a code red for our planet, and it’s time to act and invest more in the green transition. At Scatec, everything we do is guided by our vision to improve the future and at the centre of our strategy are the people of Scatec, the changemakers who work together to capture value and achieve results.”

– Terje Pilskog, Chief Executive Officer




GWh Produced in 2023 (100%)


Tonnes of CO2 emissions avoided in 2023 (100%)