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Scatec ASA Profile
| Independent Power and Renewable Electricity Producers Industry | Utilities Sector | - CEO | XDUS Exchange | NO0010715139 ISIN |
| Norway Country | 622 Employees | 19 Apr 2023 Last Dividend | - Last Split | - IPO Date |
Overview
Scatec ASA is a leading provider of renewable energy solutions with a global presence. The company was originally founded in 2007 as Scatec Solar ASA, but it transitioned to Scatec ASA in November 2020 to reflect its broadened focus beyond solar energy. With its headquarters in Oslo, Norway, Scatec is dedicated to combatting climate change by developing, building, owning, and operating renewable power plants, including solar, wind, and hydro facilities, alongside energy storage solutions. Scatec's operational and under construction portfolio boasts a combined capacity of 4.2 GW, showcasing its significant contribution to the renewable energy sector worldwide. The company is structured into three main segments: Power Production, Services, and Development & Construction, allowing it to offer comprehensive and integrated services in the renewable energy market.
Products and Services
- Solar, Wind, and Hydro Power Generation
Scatec engages in the production and sale of electricity generated from renewable sources, including solar, wind, and hydro. The company's extensive portfolio of power plants demonstrates its commitment to diversifying its energy mix and supporting global efforts to transition to sustainable energy sources.
- Development, Building, Ownership, and Operations
At the core of Scatec's offerings is the development, construction, ownership, and operation of renewable energy power plants. The company's end-to-end services encompass the entire lifecycle of power projects from conceptualization to operation, ensuring that each project maximizes its potential for sustainable energy generation.
- Engineering, Procurement, and Construction (EPC)
Scatec provides comprehensive EPC services, taking charge of the engineering design, procurement of necessary materials and equipment, and construction of renewable energy facilities. This allows for streamlined project execution and adherence to high-quality standards.
- Operation, Maintenance, and Asset Management
The company's services extend to the operational phase of energy projects, offering operation, maintenance, and asset management solutions. These services are critical for ensuring the long-term efficiency and reliability of power plants, thus optimizing their performance and lifespan.
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