Scatec ASA logo — Scatec is a leading renewable energy solutions provider

Scatec ASA

Scatec is a leading renewable energy solutions provider

Founded 2007 Norway Norway 1370 employees Post-IPO Debt Total: $5.08B Energy, Renewable Energy

General Information

Company Name Scatec ASA
Founded Year 2007
Location Norway Norway
Employees 1370
Industries Energy, Renewable Energy
Funding Stage Post-IPO Debt
Business Model B2B, B2G
Social

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About Scatec ASA

Scatec ASA is a prominent player in the renewable energy sector, significantly contributing to the acceleration of reliable and affordable clean energy in emerging markets. With a vision of 'Improving our Future', Scatec develops, builds, owns, and operates renewable energy plants and currently boasts a portfolio of 6.2 GW either in operation or under construction across five continents.

Founded in 2007 and headquartered in Norway, Scatec operates at the intersection of transformative energy solutions and sustainable growth, leveraging its industry expertise to expand its renewable energy capacity. The company's commitment is underscored by its dedicated employees and strategic partnerships aimed at scaling its operations and impact.

Recently, Scatec secured a substantial kr1.75B post-IPO debt investment, which will likely bolster its financial strength and facilitate further expansion. This investment highlights the confidence of the financial markets in Scatec's business model and growth trajectory within the Energy and Renewable Energy sectors.

Business keywords: solar power, clean energy, solar power plants, photovoltaics, system integration, EPCI, energy storage solutions, hydropower, wind power, energy development, energy construction, energy operations, sustainable energy solutions, emerging markets

Services & Products

Renewable Energy Production
Corporate Power Purchase Agreements
Sustainability and ESG Reporting
Investment in Local Communities
Energy Project Development and Management

Target Customers

Investors Shareholders Corporate Clients Governments Energy Consumer Markets

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Post IPO Debt kr1.75B -
31 Jan 2024
Post IPO Equity kr199.00K 1
MMH Nysteen Invest
18 Dec 2023
Post IPO Debt $44.18M 1
British International Investment
01 Jul 2022
Post IPO Equity kr1.97B -
19 May 2020
Post IPO Equity kr1.32B -
25 Sep 2019
Post IPO Equity Undisclosed 1
Equinor
15 Nov 2018
Post IPO Equity Undisclosed 1
Ferd Capital
01 Jan 2016

Scatec ASA Alternatives & Competitors

View All Alternatives
Scatec ASA vs
Neoen
Neoen France

Independent power producer. 100% renewable energy.

Post-IPO Debt
441 employees
Energy, Finance
Scatec ASA vs

The Shift to Renewable Energy Made Effortless

Post-IPO Debt
30 employees
Energy, Renewable Energy
Scatec ASA vs
K2 Renew
K2 Renew United States

Building a better future through renewable energy solutions.

8 employees
Energy, Renewable Energy

FAQ About Scatec ASA

Scatec is a leading renewable energy solutions provider
Scatec ASA was founded in 2007.
Scatec ASA is headquartered in Norway.
Scatec ASA operates in Energy and Renewable Energy. Its work centres on solar power, clean energy, solar power plants and photovoltaics. Its customers include Investors, Shareholders and Corporate Clients.
Scatec ASA has a B2B and B2G business model.
Scatec ASA has approximately 1370 employees.
Scatec ASA has completed 7 funding rounds, raising a total of $5.08B. The latest funding stage is Post-IPO Debt.
Scatec ASA offers: Renewable Energy Production, Corporate Power Purchase Agreements, Sustainability and ESG Reporting, Investment in Local Communities, Energy Project Development and Management.
Top alternatives and competitors to Scatec ASA include Neoen, Norsk Renewables, K2 Renew, Release by Scatec, ZOLA Electric. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Scatec ASA and Neoen are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Scatec ASA, https://bouncewatch.com/company/scatec-asa, updated 17 May 2026. When citing, please name BounceWatch and link this page.

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