Scatec ASA

SSO

NO0010715139

Independent Power Producers

Market Closed - Oslo Bors Other stock markets 10:45:00 2024-04-26 am EDT			5-day change	1st Jan Change
74.05 ^NOK	+4.59%		+11.02%	-9.86%

Apr. 24	Scatec Signs Power Purchase Deal for Brazilian Solar Plant	MT
Apr. 24	Scatec ASA Signs PPA with Statkraft for New 142 MW Solar Plant in Brazil	CI

Fortis Green Fund I Rwanda Holdings Ltd, a fund managed by Fortis Green Renewables Investment Management and Axian Energy Green Ltd agreed to acquire 54% stake in 8.5 MW Agahozo-Shalom Youth Village Solar Power Plant in Rwanda from Scatec ASA (OB:SCATC) for $1.4 million.

December 18, 2023

Fortis Green Fund I Rwanda Holdings Ltd, a fund managed by Fortis Green Renewables Investment Management and Axian Energy Green Ltd agreed to acquire 54% stake in 8.5 MW Agahozo-Shalom Youth Village Solar Power Plant in Rwanda from Scatec ASA (OB:SCATC) for $1.4 million on December 19, 2023. The transaction is subject to the customary regulatory consents and is expected to close in 2024.

Latest news about Scatec ASA

Scatec Signs Power Purchase Deal for Brazilian Solar Plant	Apr. 24	MT
Scatec ASA Signs PPA with Statkraft for New 142 MW Solar Plant in Brazil	Apr. 24	CI
Nordic Shares Closed Up Friday; Royal UNIBREW Led Increases	Apr. 19	DJ
Nordic Shares Moved Upward Monday; Invisio Led Increases	Apr. 15	DJ
Nordic Shares Decreased Thursday; Borr Drilling Took Biggest Hit	Apr. 04	DJ
Nordic Shares Rose Wednesday; BW LPG Led Increases	Apr. 03	DJ
Scatec Chairman to Step Down in April, Successor Named	Mar. 26	MT
Nordic Stocks Moved Upward Thursday; Scatec Climbed Highest	Mar. 14	DJ
Nordic Stocks Dropped Monday; Zealand Pharma Took Biggest Hit	Mar. 11	DJ
Scatec Asa, Equinor, and Hydro Rein Announces Commissioning of 531Mw Mendubim Solar Plant in Brazil, Securing Major Power Purchase Agreement	Mar. 08	CI
Equinor Says Mendubim Solar Plant in Brazil Begins Production	Mar. 08	MT
Nordic Shares Rose Monday; Vitrolife Topped Leaders	Feb. 05	DJ
Norway's Scatec Issues NOK1.75 Billion Green Bond	Jan. 31	MT
Scatec's 75%-owned Solar Power Plants in Pakistan Begin Operations	Jan. 31	MT
Scatec ASA Starts Commercial Operation of Solar Power Plants in Pakistan	Jan. 31	CI
Nordic Stocks Rose Monday; Svenska Cellulosa Ser B Led Increases	Jan. 29	DJ
Nordic Stocks Rose Friday; Netcompany Group Climbed Highest	Jan. 26	DJ
Scatec ASA Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Jan. 26	CI
Scatec ASA Provides Power Production Guidance for the First Quarter 2024	Jan. 26	CI
Scatec ASA Announces Production Results for the Fourth Quarter and Full Year Ended December 31, 2023	Jan. 26	CI
Scatec ASA Reports Earnings Results for the Full Year Ended December 31, 2023	Jan. 26	CI
Transcript : Scatec ASA, Q4 2023 Earnings Call, Jan 26, 2024	Jan. 26
World Bank's IFC has mobilised nearly $1 billion for Ukraine - managing director	Jan. 11	RE
Norway’s Scatec Sells Mozambique Solar Power Plant Stake for $9 Million	Dec. 29	MT
Globeleq Generation Limited acquired 52.5% stake in 40 MW Mocuba solar power plant in Mozambique from Scatec ASA (OB:SCATC).	Dec. 27	CI

Chart Scatec ASA

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Company Profile

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 Groupâs 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.

Sector

Independent Power Producers

Calendar

2024-04-30 - Q1 2024 Earnings Release

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Ratings for Scatec ASA

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Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

74.05 NOK

Average target price

91.14 NOK

Spread / Average Target

+23.08%

Consensus

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Quarterly earnings - Rate of surprise

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Renewable IPPs

Scatec ASA

Equities

SSO

NO0010715139

Independent Power Producers

Fortis Green Fund I Rwanda Holdings Ltd, a fund managed by Fortis Green Renewables Investment Management and Axian Energy Green Ltd agreed to acquire 54% stake in 8.5 MW Agahozo-Shalom Youth Village Solar Power Plant in Rwanda from Scatec ASA (OB:SCATC) for $1.4 million.

EPS Revisions