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Scatec

company 2 Deals 2 Partners

Oslo-based renewable energy developer and independent power producer (IPP) with 6.8 GW of gross capacity in operation and under construction across solar, wind, hydro, and battery storage projects. Focuses on emerging markets in Africa, Asia, and Latin America.

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Founded 2007 770 employees
Renewable Energy DeveloperDeveloperOperatorInvestorEPC Contractor

Strategic Overview

  • Strong focus on emerging markets, particularly in Africa, Asia, and Latin America, leveraging local partnerships.
  • Integrated business model covering development, financing, construction, and long-term operation of renewable assets.
  • Diversifying technology portfolio beyond solar PV to include wind, hydro, and battery storage solutions.
  • Committed to sustainable development goals and contributing to the energy transition in developing economies.

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Investment Focus

Technologies
Solar2
Geography
Egypt1
Brazil1

Key People

Terje Pilskog
CEO
Pål Helsing
CFO

Track Record

6,800
MW Total
17
Years Active
Notable projects: Kenhardt Solar & Storage (South Africa), Mendubim Solar (Brazil), Upington Solar (South Africa), Boguslav Solar (Ukraine)

Detailed Analysis

Technologies
Solar PVOnshore WindHydropowerBattery Storage
Sectors
Energy TransitionUtilities
Geographies
South AfricaBrazilPakistanIndiaEgyptTunisiaMaliRwandaUgandaMozambique
Deal Stage
GreenfieldBrownfieldOperating

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