Scatec sharpens strategy and sets course to capture value in green transition

Our CEO, Terje Pilskog and CFO, Mikkel Tørud present the details of the company’s sharpened strategy to the capital markets.

“Scatec is a growth company with a solid track record and ambitious targets. We aim to be a leader in developing, owning, and operating renewable energy and green hydrogen across our focus markets.  It is in our DNA to continually seize new opportunities. We now do so with a more focused approach and by maintaining a clear intention to create value,” says CEO Terje Pilskog.

 

Stock notice

Grow renewables, advance green hydrogen, and optimise portfolio

  • Scatec will continue to grow its renewables business, including solar, wind and hydro, by building scale in selected focus markets to improve predictability and value creation.
  • Scatec will build on its core strengths to take a leadership role in green hydrogen by developing prime locations in emerging markets, secure long-term offtake, and funding, and applying the integrated business model
  • Scatec will optimise its portfolio, by simplifying and consolidating, capturing additional value in power markets, and scaling and launching Release as an independent platform.
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