Company Scatec ASA

Equities

SSO

NO0010715139

Independent Power Producers

Real-time Oslo Bors 09:20:00 2024-03-27 am EDT 5-day change 1st Jan Change
72.15 NOK -0.28% Intraday chart for Scatec ASA +0.07% -12.17%

Business Summary

Scatec ASA is a Norway-based renewable energy solutions provider. The Company develops, builds, owes and operates solar, wind and hydro power plants and storage solutions across four continents. Scatec reports on four operating business segments: Power Production (PP), Services, Development & Construction (D&C) and Corporate. The Power Production segment manages the Group's power producing assets and derives its revenue from the production and sale of solar, winds and hydro generated electricity based on long-term Power Purchase Agreements or Feed-inTariffs. The Services segment comprises Operations & Maintenance (O&M) and Asset Management services provided to solar and hydro power plants where Scatec has economic interest. The Development & Construction segment derives its revenue from the sale of development rights and construction services to project entities. Corporate consists of the activities of corporate and management services.

Number of employees: 622

Sales per Business

NOK in Million2022Weight2023Weight Delta
Power Production
110.7 %
4,513 150.3 % 3,760 110.7 % -16.69%
Other Eliminations
-47.0 %
-2,661 -88.6 % -1,597 -47.0 % -39.98%
Reconciling Items
35.3 %
1,120 37.3 % 1,199 35.3 % +7.05%
Services
0.9 %
18 0.6 % 32 0.9 % +77.78%
Development & Construction
0.1 %
5 0.2 % 4 0.1 % -20.00%

Sales per region

NOK in Million2022Weight2023Weight Delta
South Africa
31.6 %
1,106 36.9 % 1,073 31.6 % -2.98%
Egypt
19.3 %
644 21.5 % 657 19.3 % +2.02%
Ukraine
12.9 %
175 5.8 % 440 12.9 % +151.43%
Malaysia
10.7 %
346 11.5 % 364 10.7 % +5.20%
Honduras
6.8 %
200 6.7 % 232 6.8 % +16.00%
Jordan
5.0 %
158 5.3 % 171 5.0 % +8.23%
Czech Republic
4.4 %
128 4.3 % 150 4.4 % +17.19%
Mozambique
2.9 %
93 3.1 % 97 2.9 % +4.30%
Vietnam
2.8 %
83 2.8 % 95 2.8 % +14.46%
Cameroon
1.7 %
0 0.0 % 58 1.7 % -
Other
0.8 %
16 0.5 % 26 0.8 % +62.50%
Rwanda
0.8 %
23 0.8 % 26 0.8 % +13.04%
Netherlands
0.3 %
29 1.0 % 10 0.3 % -65.52%

Managers

Managers TitleAgeSince
Chief Executive Officer 53 11-12-31
Director of Finance/CFO 55 23-02-28
Chief Operating Officer 48 22-10-31
Investor Relations Contact - -
Public Communications Contact 50 13-12-31
Corporate Officer/Principal 52 14-12-31
General Counsel 44 09-04-30
Human Resources Officer 64 -
Corporate Officer/Principal 64 15-08-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 60 22-04-30
Director/Board Member 71 -
Director/Board Member 66 -
Chairman 57 14-04-30
Director/Board Member 61 20-12-31
Director/Board Member 69 -
Director/Board Member 59 20-03-31
Director/Board Member 56 -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 158,917,275 115,847,475 ( 72.90 %) 0 72.90 %

Shareholders

NameEquities%Valuation
25,776,200 16.22 % 160 M kr
Folketrygdfondet
8.923 %
14,179,642 8.923 % 88 M kr
Scatec AS
8.893 %
14,132,339 8.893 % 88 M kr
Storebrand Asset Management AS
3.919 %
6,227,336 3.919 % 39 M kr
BlackRock Fund Advisors
3.050 %
4,847,321 3.050 % 30 M kr
BlackRock Advisors (UK) Ltd.
2.079 %
3,303,459 2.079 % 20 M kr
Erste Asset Management GmbH
1.974 %
3,137,290 1.974 % 19 M kr
Raiffeisen Kapitalanlage-Gesellschaft mbH
1.865 %
2,963,246 1.865 % 18 M kr
KLP Kapitalforvaltning AS
1.325 %
2,105,387 1.325 % 13 M kr
1,800,593 1.133 % 11 M kr

Company contact information

Scatec ASA

Askekroken 11

0277, Oslo

+47 48 08 55 00

http://www.scatecsolar.com
address Scatec ASA(SSO)

Group companies

NameCategory and Sector
CESOM-Central Solar de Mocuba SA

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
8
Last Close Price
72.15 NOK
Average target price
92.71 NOK
Spread / Average Target
+28.50%
Consensus