Scatec ASA

Overview

Scatec ASA is a Norwegian renewable energy company founded in 2007 and headquartered in Oslo. It develops, builds, owns, and operates clean energy plants across emerging markets, focusing on solar, wind, hydro, and energy storage solutions. As a publicly listed company on the Oslo Stock Exchange, Scatec operates for profit while promoting sustainable energy access and climate resilience. The company works through global partnerships with governments, investors, and development institutions to deliver large-scale renewable projects—particularly in Africa, the Middle East, Asia, and Latin America. In Egypt, for example, Scatec is a major solar energy developer, contributing to the Benban Solar Park and advancing green hydrogen and hybrid energy projects. Committed to corporate sustainability, Scatec integrates environmental, social, and governance (ESG) standards into all operations, aligning with international frameworks like the UN Sustainable Development Goals (SDGs) and the IFC Performance Standards.