Scatec - a leading renewables player in emerging markets
Scatec in brief
Develop, build, own and operate renewable energy
4.6 GW in operation and under construction
Close to 800 employees
Plants in operation
Plants under construction
in 30 countries
3,161 MW
1,422 MW
39 MW
20 MW1
2
225 MW/1,140 MWh of battery storage is additionally under construction related to the RMIPPP project in South Africa
*Scatec's focus markets: Brazil, South Africa, Philippines, Egypt, India, Poland & Hydro Africa.
2022: Strong operational performance and accelerating growth
Impacted by the war in Ukraine and global energy crisis
Strong operational performance throughout the year
Construction start of 1.2 GW in South Africa, Brazil and Pakistan
Announced sharpened strategy and new growth targets
Executive team expanded to strengthen our regional set-up
3
3
NOK 2.6 billion
total prop. EBITDA
(-5% YoY)
NOK 2.5 billion
equity investment
(25% of 2027 target)
4.6 GW
in operation and
under construction
(+38% YoY)
Our strategy:
Develop, build, own and operate renewable energy in emerging markets
Grow
Renewables
Advance
Green Hydrogen
Optimise Portfolio
4
Strong and predictable cash flow from operating assets
~80% hedge of project debt and ~90% of PPAs partly inflation protected*
Proportionate Power Production - EBITDA
MNOK
3,000
2,949
2,835
+55%
2,500
2,000
1,500
1,404
1,000
976
500
493
0
2018
2019
2020
2021
2022
5 *~90% of Power Production EBITDA is either in USD/EUR, have partial or full inflation protection through local CPI adjustments, or is based on sales in the local power market (Philippines).
2023 EBITDA estimate of
NOK 2.7 - 3.0bn
from operating plants
Additional
NOK 750 million
from projects under
construction
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Scatec ASA published this content on 18 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 April 2023 11:07:07 UTC.
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.