Scatec ASA: Successful placement of senior unsecured green bonds
Globenewswire·2025-11-05 14:03

Core Viewpoint - Scatec ASA has successfully issued a NOK 1,000 million green bond to enhance its financial flexibility and support corporate debt repayment [1] Group 1: Green Bond Issuance - The green bond has a maturity of 4.25 years with a coupon rate of 3 months NIBOR + 2.85% p.a. [1] - Proceeds from the bond will be used for repaying outstanding corporate interest-bearing debt and for general corporate purposes as outlined in the Green Financing Framework [1] - The issuance aims to extend Scatec's corporate maturity profile and support its deleveraging strategy, targeting NOK 4 billion in gross corporate interest-bearing debt by 2030 [1] Group 2: Company Overview - Scatec ASA is a leading renewable energy solutions provider, focusing on clean energy access in emerging markets [2] - The company has 6.2 GW of renewable energy capacity in operation and under construction across five continents [2] - Scatec is headquartered in Oslo, Norway, and is listed on the Oslo Stock Exchange under the ticker symbol 'SCATC' [2]