SCATEC ASA
Sector unknown·SCATC · Oslo Børs·Fiscal year to 31/12/2024
Exposure profile
Derived from what the company itself writes. Empty directions mean the report doesn't mention themes of that type.
In their own words
Grouped by theme, from the management review in the annual report. A · The company itself is a verbatim quote, B · From the report is without a verified quote.
Solar power
Technology
StrategyPositive impact: strengthens
“As provider of operation and maintenance services to the projects, it is responsible for the day to day operations of the plant 4.”
Annual report 2024A · The company itself
Market
“Scatec ASA (“the Company”) and its subsidiaries and investments in associated companies and joint ventures (“the Group” or “Scatec”) is a leading renewable energy solution provider, accelerating access to reliable and affordable clean energy in high growth markets.”
Annual report 2024A · The company itself
Market
“Power Production The Power Production segment manages the Group’s power-producing assets and derives its revenue from the production and sale of solar, wind, and hydro generated electricity mainly based on long-term Power Purchase Agreements or feed-in-tariffs.”
Annual report 2024A · The company itself
Market
“The segment also includes revenues from the Release concept.”
Annual report 2024A · The company itself
Market
“The segment also comprises Operations & Maintenance (O&M) and Asset Management services provided to power production plants where Scatec has an economic interest reflected as a cost in the segment and external O&M services to the plants not owned. The services are delivered to ensure the optimised operation of powerproducing assets through a complete and comprehensive range of services for technical and operational management.”
Annual report 2024A · The company itself
Market
“O&M revenues are generated on the basis of fixed service fees with additional profitsharing arrangements. Asset management services typically include financial reporting to sponsors and lenders, regulatory compliance, and environmental and social management, as well as contract management on behalf of the power plant companies.”
Annual report 2024A · The company itself
Market
“Development & Construction The Development & Construction segment derives its revenue from the sale of development rights and construction deliverables and services to project entities set up to operate the Group’s power production plants. Transactions in this segment are mainly between entities under the Group’s control and hence eliminated in the consolidated financial statement.”
Annual report 2024A · The company itself
Asia and emerging markets
Geography
Market
“Scatec ASA (“the Company”) and its subsidiaries and investments in associated companies and joint ventures (“the Group” or “Scatec”) is a leading renewable energy solution provider, accelerating access to reliable and affordable clean energy in high growth markets.”
Annual report 2024A · The company itself
Geography
“Geographical break down of consolidated revenues and PPE Consolidated revenues by country NOK million 2024 2023 South Africa 1,829 1,073 Egypt 653 657 Ukraine 539 440 Honduras 398 232 Malaysia 374 364 Jordan 181 171 Czech Republic 129 150 Vietnam 81 95 Pakistan 74 - Property, plant and equipment by country NOK million 2024 2023 South Africa 10,110 9,554 Egypt 3,998 3,453 Malaysia 2,825 2,570 Ukraine 2,108 2,063 Honduras 1,291 1,293 Pakistan 1,227 961 Jordan 894 866 Botswana 543 11 Norway 373 475 Czech Republic 290 314 Tunisia 205 - Other 203 53 Vietnam - 422 Total 24,068 22,035 Major customers In South Africa, revenues from the Linde, Kalkbult and Dreunberg plants which commenced operations in 2013 and 2014 are earned under 20-year Power Purchase Agreements (PPAs) with Eskom Holdings (South African incumbent utility), which was awarded under the Renewable Independent Power Producer Procurement Programme (REIPPPP) administrated by the Department of Energy.”
Annual report 2024A · The company itself
Geography
“In the Philippines, electricity is sold using bilateral contracts, in the spot market, and as ancillary services.”
Annual report 2024A · The company itself
Construction
End markets
StrategyPositive impact: strengthens
“As EPC contractor, it is responsible for the construction of the project 3.”
Annual report 2024A · The company itself
StrategyPositive impact: strengthens
“Construction include operations where Scatec is responsible for the total scope of a turnkey installation of a power plant through a contract covering Engineering, Procurement and Construction.”
Annual report 2024A · The company itself
Chains in: Interest rates weakens, Housing market strengthens, Public investment and infrastructure strengthens, Business cycle and GDP growth strengthens, Reconstruction of Ukraine strengthens
Wind power
Technology
Market
“Scatec ASA (“the Company”) and its subsidiaries and investments in associated companies and joint ventures (“the Group” or “Scatec”) is a leading renewable energy solution provider, accelerating access to reliable and affordable clean energy in high growth markets.”
Annual report 2024A · The company itself
Market
“Power Production The Power Production segment manages the Group’s power-producing assets and derives its revenue from the production and sale of solar, wind, and hydro generated electricity mainly based on long-term Power Purchase Agreements or feed-in-tariffs.”
Annual report 2024A · The company itself
Chains in: Interest rates weakens, Energy security strengthens
Chains out: this strengthens Steel, strengthens Rare earths and critical raw materials, strengthens Renewables auctions and subsidies, strengthens Power grid expansion
Utilities
End markets
Market
“Power Production The Power Production segment manages the Group’s power-producing assets and derives its revenue from the production and sale of solar, wind, and hydro generated electricity mainly based on long-term Power Purchase Agreements or feed-in-tariffs.”
Annual report 2024A · The company itself
Europe
Geography
Geography
“Geographical break down of consolidated revenues and PPE Consolidated revenues by country NOK million 2024 2023 South Africa 1,829 1,073 Egypt 653 657 Ukraine 539 440 Honduras 398 232 Malaysia 374 364 Jordan 181 171 Czech Republic 129 150 Vietnam 81 95 Pakistan 74 - Property, plant and equipment by country NOK million 2024 2023 South Africa 10,110 9,554 Egypt 3,998 3,453 Malaysia 2,825 2,570 Ukraine 2,108 2,063 Honduras 1,291 1,293 Pakistan 1,227 961 Jordan 894 866 Botswana 543 11 Norway 373 475 Czech Republic 290 314 Tunisia 205 - Other 203 53 Vietnam - 422 Total 24,068 22,035 Major customers In South Africa, revenues from the Linde, Kalkbult and Dreunberg plants which commenced operations in 2013 and 2014 are earned under 20-year Power Purchase Agreements (PPAs) with Eskom Holdings (South African incumbent utility), which was awarded under the Renewable Independent Power Producer Procurement Programme (REIPPPP) administrated by the Department of Energy.”
Annual report 2024A · The company itself
Geography
“In Ukraine, with regard to the Progressovka plants, electricity is sold in the spot market with the option to re-enter the long-term PPA at a later stage.”
Annual report 2024A · The company itself
Latin America
Geography
Geography
“Geographical break down of consolidated revenues and PPE Consolidated revenues by country NOK million 2024 2023 South Africa 1,829 1,073 Egypt 653 657 Ukraine 539 440 Honduras 398 232 Malaysia 374 364 Jordan 181 171 Czech Republic 129 150 Vietnam 81 95 Pakistan 74 - Property, plant and equipment by country NOK million 2024 2023 South Africa 10,110 9,554 Egypt 3,998 3,453 Malaysia 2,825 2,570 Ukraine 2,108 2,063 Honduras 1,291 1,293 Pakistan 1,227 961 Jordan 894 866 Botswana 543 11 Norway 373 475 Czech Republic 290 314 Tunisia 205 - Other 203 53 Vietnam - 422 Total 24,068 22,035 Major customers In South Africa, revenues from the Linde, Kalkbult and Dreunberg plants which commenced operations in 2013 and 2014 are earned under 20-year Power Purchase Agreements (PPAs) with Eskom Holdings (South African incumbent utility), which was awarded under the Renewable Independent Power Producer Procurement Programme (REIPPPP) administrated by the Department of Energy.”
Annual report 2024A · The company itself
Geography
“In Brazil, approximately 40% of the electricity from the Mendubim solar power plant is sold in the merchant market, while the rest is sold through the 20-year corporate PPA.”
Annual report 2024A · The company itself
China
Geography
Geography
“Geographical break down of consolidated revenues and PPE Consolidated revenues by country NOK million 2024 2023 South Africa 1,829 1,073 Egypt 653 657 Ukraine 539 440 Honduras 398 232 Malaysia 374 364 Jordan 181 171 Czech Republic 129 150 Vietnam 81 95 Pakistan 74 - Property, plant and equipment by country NOK million 2024 2023 South Africa 10,110 9,554 Egypt 3,998 3,453 Malaysia 2,825 2,570 Ukraine 2,108 2,063 Honduras 1,291 1,293 Pakistan 1,227 961 Jordan 894 866 Botswana 543 11 Norway 373 475 Czech Republic 290 314 Tunisia 205 - Other 203 53 Vietnam - 422 Total 24,068 22,035 Major customers In South Africa, revenues from the Linde, Kalkbult and Dreunberg plants which commenced operations in 2013 and 2014 are earned under 20-year Power Purchase Agreements (PPAs) with Eskom Holdings (South African incumbent utility), which was awarded under the Renewable Independent Power Producer Procurement Programme (REIPPPP) administrated by the Department of Energy.”
Annual report 2024A · The company itself
Denmark
Geography
Geography
“Geographical break down of consolidated revenues and PPE Consolidated revenues by country NOK million 2024 2023 South Africa 1,829 1,073 Egypt 653 657 Ukraine 539 440 Honduras 398 232 Malaysia 374 364 Jordan 181 171 Czech Republic 129 150 Vietnam 81 95 Pakistan 74 - Property, plant and equipment by country NOK million 2024 2023 South Africa 10,110 9,554 Egypt 3,998 3,453 Malaysia 2,825 2,570 Ukraine 2,108 2,063 Honduras 1,291 1,293 Pakistan 1,227 961 Jordan 894 866 Botswana 543 11 Norway 373 475 Czech Republic 290 314 Tunisia 205 - Other 203 53 Vietnam - 422 Total 24,068 22,035 Major customers In South Africa, revenues from the Linde, Kalkbult and Dreunberg plants which commenced operations in 2013 and 2014 are earned under 20-year Power Purchase Agreements (PPAs) with Eskom Holdings (South African incumbent utility), which was awarded under the Renewable Independent Power Producer Procurement Programme (REIPPPP) administrated by the Department of Energy.”
Annual report 2024A · The company itself
Competitors mentioned in the report
No named competitors in the report.
Financial figures
| Revenue latest fiscal year | 6.57 bn NOK |
| Revenue growth vs. the year before, same method | 39.3 % |
| EBITDA reported by the company | N/A |
| Net debt debt incl. leasing minus cash | N/A |
| Diluted EPS per share | 8.24 NOK |
Source: annual report (ESEF) A. See the report
Criteria
| Profit | ✓ |
| Growing | ✓ |
| Healthy balance sheet | N/A |
Only the criteria that can be computed from financial statements on this page. The remaining criteria (such as price and dividend) need a share price and are in the analysis.
Figures are in the report's currency (NOK), not converted to DKK. Quotes are shown as the company's own words in the report's original language.