Scatec develops and owns utility-scale renewable energy plants across Africa, Asia, Latin America, and Europe, handling project development, engineering, procurement, construction, and long‑term operations. It earns from selling electricity produced by its own plants under long-term PPAs, as well as from EPC contracts and by selling down equity or divesting assets to fund growth, while often pairing solar with hydropower, wind, and battery storage for stable power. The company differentiates itself with an integrated, ownership-based lifecycle model that prioritizes long-term asset ownership and growth financing in high-potential markets. Its goal is to build a diversified portfolio of reliable clean energy assets and expand into new technologies and markets, including green hydrogen.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Oslo, Norway
Founded
2007
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