Overview
Description
Scatec ASA is a leading renewable energy company specializing in the development, construction, and operation of solar power plants globally. Established in 2007 and headquartered in Oslo, Norway, Scatec ASA plays a significant role in advancing clean energy solutions by providing sustainable and affordable power. The company's primary function is to harness solar energy to supply electricity, thereby contributing to global efforts in reducing carbon footprints and combating climate change.
Scatec ASA is involved in multiple stages of solar project lifecycle, from project development and financing to engineering, procurement, and construction, as well as operations and maintenance. This end-to-end approach enables the company to ensure high-quality, efficient, and reliable solar energy solutions. Scatec's impact spans several emerging markets, particularly in Africa, Southeast Asia, and Latin America.
In the financial market, Scatec ASA is recognized for its commitment to sustainable energy and its potential for growth amidst increasing global demand for renewable resources. Its focus on leveraging solar power aligns with global trends towards sustainable development and energy security. As such, Scatec ASA holds a considerable position in the renewable energy sector.
About
Instrument type
Common stock
Sector
Utilities
Industry
Utilities - Renewable
Country
Germany
MIC code
XBER