Scatec ASA Overview
Pro stress-test →Scatec ASA is a renewable energy provider focused on developing, building, owning, and operating renewable energy plants, primarily through long-term power purchase agreements. The company has a total of 5 GW of renewable energy plants in operation and under construction. Scatec operates across multiple continents with strategic positioning in emerging markets demanding reliable clean energy.
Strategic Profile
Pro stress-test →The company operates through Power Production and Development & Construction segments, producing and selling solar, wind, and hydro generated electricity. In 2020, Scatec Solar acquired SN Power from Norfund, reflecting the company's broadened strategy of including hydropower, windpower, floating solar and energy storage systems in its portfolio. This diversification across renewable technologies and geographic reach positions Scatec as a comprehensive clean energy platform.
Competitive Landscape
Pro stress-test →Scatec ASA is a leading player in renewable energy with a global reach and 6.2 GW of renewable energy plants in operation and construction. Major competitors include NextEra Energy, Duke Energy, and other integrated renewable operators, though Scatec's emerging market focus differentiates its positioning in high-growth developing regions.
Industry Context
Scatec ASA operates in Renewable Energy Power Generation.
Key facts
Founded: 2007 · Headquarters: Oslo, Norway · Employees: 1,100 · Revenue: $750M