Scatec ASA

About Scatec ASA

Scatec is a renewable energy company focused on improving the future by securing long-term, reliable clean energy. They aim to combat climate change through investments in renewable energy, particularly in emerging markets, to create energy security and pave the pathway to net zero.

Products & Services

Solar PV Projects:Development and operation of solar photovoltaic projects, including large-scale installations like the 846 MW projects in South Africa and the 1.1 GW Obelisk project with battery storage.

Onshore Wind Projects:Development of onshore wind energy projects, such as the 900 MW project in Egypt under a Power Purchase Agreement (PPA).

Battery Energy Storage Systems (BESS):Integration of battery storage solutions with solar projects, as seen in the 100 MW/200 MWh BESS Obelisk project.

Release by Scatec:A specific initiative or product related to solar energy solutions, mentioned under their portfolio.

Corporate Power Purchase Agreements (PPAs):Offering long-term energy contracts for businesses to secure renewable energy.

Specialties

Solar Photovoltaic (PV) Projects Onshore Wind Energy Battery Energy Storage Systems (BESS) Emerging Markets Renewable Investments Power Purchase Agreements (PPAs)

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Debt T: - FT: Debt	A: 27000000 MR: - FA: BRL 150 million FAN: 27000000	D: 2025-08-06 FD: 2025-08-06	2 investors

Debt Latest

2025-08-06

$27.0M

2 investors (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Mock Up

Team & Leadership

M

Mahmoud Shata

Business Development Director for Egypt and green hydrogen

O

Oystein Hegertun Bratgjerd

Financial Controller

K

Kine Årdal

Chief Digital & Information Officer

K

Kine Johanne Årdal

Chief Digital Officer

F

Fidias Martins

Operations & Maintenance Leader

A

Andrea Co

VP Business Development and Country Manager for the Philippines

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Recent News

Scatec ASA Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised