Annual Report 2022

A year of new beginnings and a sharpened strategy

During 2022, Scatec generated strong operating cash flow, and took investment decisions and started construction of 1.2 GW of new power plants with healthy returns and margins, in line with our disciplined strategic approach. We reported proportionate revenues of NOK 5,957 million and EBITDA of NOK 2,550 million, as well as solid ESG results during the year.


Digital Annual Report 2022

Moving from pledges to implementation – Scatec at UN Climate Change summit

At COP27, Scatec will be discussing the overall climate crisis, the key role renewable energy including green hydrogen needs to play, especially in emerging markets. If the world is to succeed with the green transition globally, we’re going to need a massive scale up of renewable energy solutions across technologies.




A leading renewable energy solutions provider

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GWh Produced in 2022 (100%)


Tonnes of CO2 emissions avoided in 2022 (100%)