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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Delivering

Renewable and Sustainable energy

In our home markets across four continents

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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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Third quarter results 2023

In the third quarter 2023, Scatec reported solid proportionate revenues of NOK 2.46 billion (1.63), with an EBITDA increase of 5 percent compared to the third quarter last year to NOK 893 million (850).

Scatec realised strong development and construction (D&C) revenues of NOK 1.32 billion (412) from its three main projects under construction and improved the gross margin for a third consecutive quarter to 13 percent. These projects are now entering the final construction phase and preparing for commercial operations.

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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

768

Employees

9,381

GWh Produced in 2022 (100%)

4,700,000

Tonnes of CO2 emissions avoided in 2022 (100%)