“We have made good progress during the quarter with strong financial performance across segments, increased construction activities, and reduced our net corporate debt. We are well positioned for further profitable growth in 2025 based on a growing and maturing backlog and an attractive pipeline. We remain committed to continue strengthening our financial position by deleveraging on corporate level with proceeds from strategic divestments,” says CEO Terje Pilskog.

“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