The sales agreement includes the operating 255 MW Bujagali hydropower plant in Uganda, and a development portfolio.

Oslo, 17 February 2025: Scatec announces that Morten Henriksen has informed the company that he resigns from his position as a member of the Board of Directors, effective 17 February 2025.

Scatec ASA, together with its subsidiaries, provides renewable energy solutions worldwide. The company operates through Power Production; Services; and Development & Construction segments.

Image: Scatec Norwegian independent power producer (IPP) Scatec has registered a consolidated revenue of NOK1.15 billion (US$100 million) for the last quarter of 2024, down from the same period a ...

Scatec ASA has successfully completed the sale of its 51% stake in its African hydropower joint venture to TotalEnergies ...

The proceeds from the transaction will be used to support Scatec’s self-funded growth plan and for additional debt repayments at corporate level. The sales agreement includes the operating 255 ...

For further information, please contact: Andreas Austrell, VP IR, phone: +47 974 38 686, ...

Reference is made to the stock exchange notice on 30 July 2024 regarding the sale of Scatec ASA’s 51 percent stake in the African hydropower joint venture with Norfund and British International ...