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ABGSC Energy Research ... (+6)
  • ABGSC Energy Research
  • Daniel Vårdal Haugland
  • John Olaisen
  • Njål Kleiven
  • Oliver Dunvold
  • Stian Wibstad
ABGSC Renewable Energy Research ... (+3)
  • ABGSC Renewable Energy Research
  • Åsne Holsen
  • Daniel Vårdal Haugland
 PRESS RELEASE

Notice of Annual General Meeting of Scatec ASA

Notice of Annual General Meeting of Scatec ASA Oslo, 03 April 2025: The Annual General Meeting of Scatec ASA will be held on 24 April 2025 at 10:00 CEST. The meeting will be held as a digital meeting, using the online platform Lumi, and can be accessed using the following link: Please find attached: Notice of Annual General Meeting with attendance/proxyBoard of Directors’ proposed resolutions for the Annual General MeetingRecommendation by the Nomination Committee All related documents, including instructions for how to join the AGM are available on the Scatec website: For further...

 PRESS RELEASE

Scatec ASA: Mandatory notifications of trade by primary insiders

Scatec ASA: Mandatory notifications of trade by primary insiders Oslo, 2 April 2025: Two board members have today bought shares in Scatec ASA. Mette Krogsrud, board member of Scatec ASA, has on 2 April bought 3,000 shares in Scatec ASA at an average price per share of 77.00. After the transaction Mette Krogsrud owns 6,000 shares in Scatec ASA. Ketal AS, a company controlled by Maria Tallaksen, board member of Scatec ASA, has on 2 April bought 1,300 shares in Scatec ASA at an average price per share of NOK 77.54. After the transaction Ketal AS owns 1,300 shares in Scatec ASA. Attached is ...

 PRESS RELEASE

Correction: Scatec publishes Annual Integrated Report 2024

Correction: Scatec publishes Annual Integrated Report 2024 Correction: The name of the ESEF file has been changed to align with the file name in the auditors report. Oslo, 01 April 2025: The Board of Directors of Scatec ASA has approved the annual accounts for 2024, and the 2024 Annual Integrated Report has been published today. “2024 has been a year of significant positive development for Scatec. We have delivered good financial performance across all segments, built an attractive growth portfolio for the next few years, continued to optimize our portfolio and deleveraged on corporate le...

 PRESS RELEASE

Scatec publishes Annual Integrated Report 2024

Scatec publishes Annual Integrated Report 2024 Oslo, 01 April 2025: The Board of Directors of Scatec ASA has approved the annual accounts for 2024, and the 2024 Annual Integrated Report has been published today. “2024 has been a year of significant positive development for Scatec. We have delivered good financial performance across all segments, built an attractive growth portfolio for the next few years, continued to optimize our portfolio and deleveraged on corporate level. Renewables have become more competitive during the year, improving the market potential for Scatec going forward,”...

ABGSC Energy Research ... (+6)
  • ABGSC Energy Research
  • Daniel Vårdal Haugland
  • Haakon Amundsen
  • John Olaisen
  • Njål Kleiven
  • Stian Wibstad
 PRESS RELEASE

Scatec signs 25-year PPA in Tunisia for a 120 MW solar plant

Scatec signs 25-year PPA in Tunisia for a 120 MW solar plant Oslo, 24 March 2025: Scatec ASA, a leading renewable energy solutions provider has signed a 25-year Power Purchase Agreement (PPA) with Tunisian state utility Société Tunisienne de l'Electricité et du Gaz (STEG) for another 120 MW solar power plant (Sidi Bouzid II) in Tunisia. The PPA was awarded in December 2024 through a government tender to support Tunisia’s ambitious renewable energy targets and to enhance the country's energy security. Scatec has further signed a Joint Development Agreement, with Aeolus SAS (Aeolus), part ...

ABGSC Energy Research ... (+6)
  • ABGSC Energy Research
  • Daniel Vårdal Haugland
  • Haakon Amundsen
  • John Olaisen
  • Njål Kleiven
  • Stian Wibstad
ABGSC Renewable Energy Research ... (+3)
  • ABGSC Renewable Energy Research
  • Åsne Holsen
  • Daniel Vårdal Haugland
 PRESS RELEASE

Scatec signs PPA with Egypt Aluminium for major solar + BESS project

Scatec signs PPA with Egypt Aluminium for major solar + BESS project Oslo/Cairo, 13 March 2025: Scatec ASA, a leading renewable energy solutions provider, today signed a 25-year USD-denominated corporate Power Purchase Agreement (PPA) with Egypt Aluminium for a 1.1 GW Solar PV + 100 MW/200MWh BESS project in Egypt backed by a sovereign guarantee. Egypt Aluminium is the largest aluminium producer and industrial electricity consumer in Egypt and exports approximately 60% of its production to Europe. This solar PV + BESS project will be instrumental for Egypt Aluminium’s ambition to decarboni...

 PRESS RELEASE

Scatec starts commercial operation of solar power plant in Botswana

Scatec starts commercial operation of solar power plant in Botswana Oslo/Cape Town, 12 March 2025: Scatec ASA, a leading renewable energy provider, has started commercial operation of the first 60 MW of the 120 MW Mmadinare Solar Cluster in Botswana. The power plant is Scatec’s first in Botswana and will generate predictable revenues from a 25-year power purchase agreement (PPA) with Botswana Power Corporation, the national utility. The remaining 60 MW of the project is currently under construction and is expected to be completed in the beginning of 2026. Scatec owns 100% of the project an...

ABGSC Renewable Energy Research ... (+3)
  • ABGSC Renewable Energy Research
  • Åsne Holsen
  • Daniel Vårdal Haugland
 PRESS RELEASE

Scatec completes sale of African hydropower assets to TotalEnergies fo...

Scatec completes sale of African hydropower assets to TotalEnergies for USD 167 million Oslo, 28 February 2025: Reference is made to the stock exchange notice on 30 July 2024 regarding the sale of Scatec ASA’s 51 percent stake in the African hydropower joint venture with Norfund and British International Investment (BII) in line with the company’s strategy. The transaction closed today at an agreed sales price of USD 167 million, based on a valuation date of 31 December 2023. The net proceeds from the transaction are estimated at USD 161 million, adjusted for cash movements between the va...

ABGSC Renewable Energy Research ... (+7)
  • ABGSC Renewable Energy Research
  • Adrian Gilani
  • Åsne Holsen
  • Daniel Vårdal Haugland
  • Haakon Amundsen
  • John Olaisen
  • Stian Wibstad

Renewable Weekly – 20 February 2025

This week, we summarise this week's most important newsflow on the companies under our coverage.

 PRESS RELEASE

Scatec JV reaches financial close for 56 MW BESS in the Philippines an...

Scatec JV reaches financial close for 56 MW BESS in the Philippines and prepares for construction start Oslo, 17 February 2025: Scatec ASA’s joint venture with Aboitiz Power in the Philippines has reached financial close and prepares for construction start of the 16 MW Magat (phase 2) and 40 MW Binga battery energy storage systems (BESS). The battery systems will be connected to the Magat and Binga hydro power plants, generating revenues from the highly attractive ancillary services reserves market. The new capacity is building on the success of the existing 24 MW BESS connected to the Ma...

 PRESS RELEASE

Scatec ASA: Resignation of board member

Scatec ASA: Resignation of board member Oslo, 17 February 2025: Scatec announces that Morten Henriksen has informed the company that he resigns from his position as a member of the Board of Directors, effective 17 February 2025. Scatec appreciates his contributions and wishes him well in the future. For further information, please contact:Andreas Austrell, VP IR, phone: ,  About Scatec  Scatec is a leading renewable energy solutions provider, accelerating access to reliable and affordable clean energy emerging markets. As a long-term player, we develop, build, own, and operate renewabl...

 PRESS RELEASE

Scatec closes sale of Vietnam wind power plant to SUSI Asia Energy Tra...

Scatec closes sale of Vietnam wind power plant to SUSI Asia Energy Transition Fund Oslo, 13 February 2025: Reference is made to the stock exchange notice on 13 September 2024, regarding the sale of Scatec ASA’s 100 percent stake in the 39-megawatt (MW) Dam Nai wind farm and the associated operating company in Vietnam to Sustainable Asia Renewable Assets, a utility-scale renewable energy platform of the SUSI Asia Energy Transition Fund. The transaction is now completed, and Scatec has received the initial payment of USD 27 million, with potential for additional earn-out payments of up to US...

 PRESS RELEASE

Scatec ASA: New EVP granted share options

Scatec ASA: New EVP granted share options Oslo, 10 February 2025: Alberto Gambacorta has begun his role as EVP Sub-Saharan Africa. In accordance with the terms of the share-based incentive programme for leading employees, Alberto Gambacorta, has been granted an additional 12,707 share options. Each share option gives the right to subscribe for and be allotted one share in Scatec ASA. Identical to the strike price of the options granted to leading employees in Scatec’s long term incentive programme in January 2025, the strike price of the options is set to NOK 78.66 per share. The options w...

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