Oslo - Delayed Quote NOK

Scatec ASA (SCATC.OL)

83.00

+2.00

(+2.47%)

At close: January 3 at 4:25:24 PM GMT+1

Scatec ASA: Long term incentive programme

Oslo, 3 January 2025: In line with the terms adopted by the Annual General Meeting of Scatec ASA in 2022, the Board of Directors continue the share-based incentive programme for leading employees of the company, following the same principles as previous years. Today, a total of 1,516,378 share options were granted to leading employees, including the following primary insiders: Terje Pilskog, CEO: 63,250 Hans Jakob Hegge, CFO: 56,574 Mohamed Amer, EVP Green Hydrogen & Egypt: 37,451 Eliseo Ana, EV

GlobeNewswire 3 days ago

STECF
Scatec awarded 288 MW Solar PV in government tender in South Africa

Oslo, 23 December 2024: Scatec ASA, a leading renewable energy company, has been awarded preferred bidder status for a 288 MW solar project in the seventh round of the Department of Mineral Resources and Energy Renewable Energy Independent Power Producer Procurement Programme (REIPPPP). The projects will deliver much needed energy under a 20-year PPA once fully operational. According to the Department of Mineral Resources and Energy, commercial close for the REIPPPP Bid Window 7 is expected in t

GlobeNewswire 13 days ago

STECF
Scatec starts construction at the 142 MW Urucuia solar project in Brazil

Oslo/Sao Paulo, 20 December 2024: Scatec ASA, a leading renewable energy solutions provider is starting construction of the 142 megawatt (MW) solar plant in Minas Gerais in Brazil. Scatec has further secured a debt facility of EUR 25 million from IFU, the Danish Investment Fund for Developing Countries, to partially fund Scatec’s equity share in the project, bringing Scatec’s expected equity injection to USD 28 million. Scatec has signed a PPA with Statkraft for the project for about 75% of the

GlobeNewswire 16 days ago

STECF
Correction: Scatec ASA: Mandatory notification of trade by primary insider

Correction: The shares were bought by MMH Nysteen Invest AS, a company controlled by board member Maria Moræus Hanssen and related parties. Oslo, 20 December 2024: MMH Nysteen Invest AS, a company controlled by board member Maria Moræus Hanssen and related parties has on 20 December bought 2,575 shares in Scatec ASA at an average price per share of NOK 77.1. After the transaction MMH Nysteen Invest AS owns 13,615 shares in Scatec ASA. Attached is the notification of the transaction in accordance

GlobeNewswire 16 days ago

STECF
Scatec reaches financial close in Botswana and prepares for construction start

Oslo, 19 December 2024: Scatec ASA, a leading renewable energy provider, has reached financial close for the second 60 megawatt (MW) of the 120 MW Mmadinare Solar Complex in Botswana and is preparing for construction start. In August 2022, Scatec, signed a binding 25-year power purchase agreement (PPA) with Botswana Power Corporation (BPC) for a 60 MW solar PV facility in the Mmadinare District. In the third quarter 2023, Scatec was awarded a 60 MW expansion of the project, taking the total capa

GlobeNewswire 18 days ago

STECF
Scatec completes the Kalkbult, Linde, and Dreunberg transaction in South Africa

Oslo, 20 November 2024: Scatec ASA, a leading renewable energy provider, has closed the second and final phase of the previously announced sale of parts of its ownership in the Kalkbult, Linde and Dreunberg solar power plants to Greenstreet 1 Proprietary Limited, a subsidiary of STANLIB Infrastructure Fund II, managed by STANLIB Asset Management Proprietary Limited (“STANLIB”). Scatec received ZAR 433 million (USD 24 million) in gross proceeds for its ownership sold in the second phase and has i

GlobeNewswire last month

STECF
Exploring 3 Noteworthy Undervalued Small Caps With Insider Action

In a week marked by a busy earnings season and mixed economic signals, small-cap stocks demonstrated resilience compared to their larger counterparts, even as major indices like the S&P MidCap 400 and Nasdaq Composite experienced volatility. With global markets grappling with uncertainties from labor disruptions to fluctuating manufacturing activity, identifying promising small-cap opportunities requires careful consideration of both market sentiment and insider actions.

Simply Wall St. last month

TRUBF

PARADEEP.BO

PARADEEP.NS
Scatec third quarter 2024: Strong financial performance

Oslo, 1 November 2024: In the third quarter, Scatec reported proportionate revenues of NOK 2.42 billion (2.37 billion), with an EBITDA of NOK 1.52 billion (0.89 billion). Scatec’s power plants generated 1,254 GWh in the quarter, up from 1,047 GWh in the same quarter last year on a proportionate basis, mainly driven by new plants in operation. Power production revenues were NOK 1.77 billion (1.04 billion) and EBITDA ended at 1.54 billion (0.81 billion). The increase was mainly driven by an accoun

GlobeNewswire 2 months ago

STECF
Invitation to presentation of Scatec ASA’s third quarter results 2024

Oslo, 21 October 2024: Scatec ASA will release its third quarter results and provide a status update of its strategy, on Friday 1 November 2024 at 07:00 am (CET). A presentation of the results followed by a Q&A session will be held on the same day at 09:00 am at Scatec’s headquarters at Skøyen Atrium III (1st floor), Askekroken 11, 0277 Oslo. The presentation and the Q&A session can be followed through a live webcast from our website www.scatec.com, or Scatec webcast Q3 2024. For further informa

GlobeNewswire 2 months ago

STECF
Scatec reaches financial close and prepares for construction start for battery energy storage project in South Africa

Oslo, 18 October 2024: Scatec ASA, a leading renewable energy provider, has reached financial close for the Mogobe battery energy storage system (“BESS”) facility totaling 103 MW / 412 MWh and is now making final preparations to start construction of the project. Mogobe BESS was awarded a 15-year power purchase agreement (PPA) under the first bid window of the Battery Energy Storage Independent Power Producer Procurement Programme (BESIPPPP) in South Africa. As part of the PPA, Scatec will recei

GlobeNewswire 2 months ago

STECF
Scatec awarded EUR 30 million grant from PtX Development Fund for the Egypt Green Hydrogen project

Oslo, 8 October 2024: Scatec ASA’s Egypt Green Hydrogen project has today signed an agreement with the PtX Development Fund for a grant of EUR 30 million for partial financing of the project which will have a total capex of approximately EUR 500 million. The PtX Development Fund is established by the German Federal Ministry for Economic Cooperation and Development and KfW, and managed by KGAL, with the aim to support Power-to-X projects in developing and emerging countries. This is the first gra

GlobeNewswire 2 months ago

STECF
Scatec closes first phase of the Kalkbult, Linde, and Dreunberg transaction in South Africa

Oslo, 30 September 2024: Scatec ASA, a leading renewable energy provider, has closed the first phase of the previously announced sale of parts of its ownership in the Kalkbult, Linde and Dreunberg solar power plants to Greenstreet 1 Proprietary Limited, a subsidiary of STANLIB Infrastructure Fund II, managed by STANLIB Asset Management Proprietary Limited (“STANLIB”). Scatec received a gross consideration of ZAR 921 million (USD 53 million) for the total ownership share sold to STANLIB. The net

GlobeNewswire 3 months ago

STECF
Scatec to sell wind plant in Vietnam to SUSI Asia Energy Transition Fund

Oslo, 13 September 2024: Scatec ASA, a leading renewable energy provider, has signed an agreement to sell the 39-megawatt (MW) Dam Nai Wind farm and the associated operating company in Vietnam to Sustainable Asia Renewable Assets (“SARA”), a utility-scale renewable energy platform of the SUSI Asia Energy Transition Fund (“SAETF”). Scatec will receive an upfront consideration of USD 27 million for its 100% equity stake at completion, with potential for additional earn-out payments of up to USD 13

GlobeNewswire 3 months ago

STECF
Scatec signs PPA for 1 GW solar and 100 MW/200 MWh battery storage project in Egypt

12 September, Cairo/Oslo: Scatec ASA has signed a USD denominated 25-year power purchase agreement (PPA) with Egyptian Electricity Transmission Company (EETC) for a 1 GW solar and 100 MW/200 MWh battery storage hybrid project in Egypt, the first of its kind in the country. “This will be the first hybrid solar and battery project in Egypt and demonstrates Scatec’s strong position as one of the largest renewable energy producers in the country. We are pleased to have entered the PPA with Egyptian

GlobeNewswire 3 months ago

STECF
Scatec second quarter 2024: Solid strategic progress

Oslo, 16 August 2024: In the second quarter, Scatec reported proportionate revenues of NOK 1.5 billion (5.8 billion), with an EBITDA of NOK 951 million (1,379 million). Power production revenues were driven by new plants in operation in South Africa, Brazil and Pakistan and recognition of reserve market revenues in the Philippines. Scatec’s power plants generated 995 GWh in the quarter, up from 873 GWh during the same period last year on a proportionate basis, with revenues of NOK 1.05 billion (

GlobeNewswire 4 months ago

STECF
Invitation to presentation of Scatec ASA’s second quarter results 2024

Oslo, 5 August 2024: Scatec ASA will release its second quarter and first half results on Friday 16 August 2024 at 07:00 am (CEST). A presentation of the results followed by a Q&A session will be held on the same day at 09:00 am at Scatec’s headquarters at Skøyen Atrium III (1st floor), Askekroken 11, 0277 Oslo. The presentation and the Q&A session can be followed through a live webcast from our website www.scatec.com, or Scatec webcast Q2 2024. For further information, please contact: For analy

GlobeNewswire 4 months ago

STECF
Scatec and Aeolus, part of Toyota Tsusho Group, join forces for Tunisia solar projects

Oslo, 5 August 2024: Scatec ASA, a leading renewable energy provider, and Aeolus SA, part of the Japanese conglomerate Toyota Tsusho Group, have signed a partnership agreement to jointly develop and own renewable energy projects in Tunisia. In parallel, financial close has been achieved for the 120 MW Sidi Bouzid and Tozeur solar projects (each 60 MW), which are part of the partnership agreement. Scatec will now start construction of the projects. In 2019, Scatec was awarded 20-year power purcha

GlobeNewswire 4 months ago

STECF
Scatec sells part of Kalkbult, Linde, and Dreunberg in South Africa for ZAR 921 million to finance further growth opportunities

Oslo, 2 August 2024: Scatec ASA, a leading renewable energy provider, has today signed an agreement with Greenstreet 1 Proprietary limited, a subsidiary of STANLIB Infrastructure Fund II, managed by STANLIB Asset Management Proprietary Limited (“STANLIB”), to sell part of its ownership in the Kalkbult, Linde, and Dreunberg solar power plants, with a total capacity of 190 MW, for a gross consideration of ZAR 921 million (USD 50 million). Scatec currently holds an economic interest of approximatel

GlobeNewswire 5 months ago

STECF
Scatec closes sale of 8.5 MW solar power plant in Rwanda

Oslo, 1 August 2024: Scatec ASA, a leading renewable energy company in emerging economies, has closed the divestment of its 54% equity stake in the 8.5 MW solar power plant in Rwanda to Fortis Green Fund I Rwanda Holdings Ltd (Fortis) and Axian Energy Green Ltd (Axian) for USD 1.38 million. This announcement follows the notice provided to the market in the fourth quarter of 2023. “We continue to deliver on our strategy to consolidate our portfolio through divestment of assets in non-core markets

GlobeNewswire 5 months ago

STECF
Scatec enters agreement to sell African hydropower assets to TotalEnergies in line with strategy

Oslo, 30 July 2024: Scatec ASA, a leading renewable energy provider, has signed an agreement with TotalEnergies to sell its 51 percent stake in the African hydropower joint venture with Norfund and British International Investment (BII), in line with the company’s strategy. The proceeds from the transaction will be used to support Scatec’s self-funded growth plan. The sale covers Scatec’s indirect interest held through SN Power of the operating 255 MW Bujagali hydropower plant in Uganda, and a d

GlobeNewswire 5 months ago

STECF

Performance Overview

Return	SCATC.OL	OBX Total Return Index
YTD	+4.40%	+2.78%
1-Year	+5.93%	+14.11%
3-Year	-42.90%	+27.91%

News

Life

Entertainment

Finance

Sports

New on Yahoo

Yahoo Finance

Scatec ASA (SCATC.OL)

Scatec ASA: Long term incentive programme

Scatec awarded 288 MW Solar PV in government tender in South Africa

Scatec starts construction at the 142 MW Urucuia solar project in Brazil

Correction: Scatec ASA: Mandatory notification of trade by primary insider

Scatec reaches financial close in Botswana and prepares for construction start

Scatec completes the Kalkbult, Linde, and Dreunberg transaction in South Africa

Exploring 3 Noteworthy Undervalued Small Caps With Insider Action

Scatec third quarter 2024: Strong financial performance

Invitation to presentation of Scatec ASA’s third quarter results 2024

Scatec reaches financial close and prepares for construction start for battery energy storage project in South Africa

Scatec awarded EUR 30 million grant from PtX Development Fund for the Egypt Green Hydrogen project

Scatec closes first phase of the Kalkbult, Linde, and Dreunberg transaction in South Africa

Scatec to sell wind plant in Vietnam to SUSI Asia Energy Transition Fund

Scatec signs PPA for 1 GW solar and 100 MW/200 MWh battery storage project in Egypt

Scatec second quarter 2024: Solid strategic progress

Invitation to presentation of Scatec ASA’s second quarter results 2024

Scatec and Aeolus, part of Toyota Tsusho Group, join forces for Tunisia solar projects

Scatec sells part of Kalkbult, Linde, and Dreunberg in South Africa for ZAR 921 million to finance further growth opportunities

Scatec closes sale of 8.5 MW solar power plant in Rwanda

Scatec enters agreement to sell African hydropower assets to TotalEnergies in line with strategy

Performance Overview