First quarter results 2024

30 April 2024: Today, our CEO, Terje Pilskog and CFO, Hans Jakob Hegge present our Q1 results. 

“2024 is off to a good start with EBITDA growth in the Power Production segment, new projects entering construction and pipeline and backlog projects maturing. We are committed to our self-funded, disciplined growth plan and I would like to thank our team for the fantastic achievements we have celebrated this quarter,” says Scatec CEO Terje Pilskog.

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Pursuing new valuable growth after finalising all time high construction programme

  • Solid Power Production EBITDA – increased to NOK 870 million (707)
  • Finalised large construction program – 681 MW solar in Brazil and Pakistan
  • Started new construction – 333 MW solar in South Africa and Botswana
  • Extended debt maturity profile – successful bond issue and bank refinancing
  • Strengthened position in South Africa – launched Lyra Energy platform

Financial webcast

Fourth quarter presentation