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Scatec ASA: Successful placement of senior unsecured green bonds
Globenewswire· 2025-11-05 14:03
Oslo, 5 November 2025: Scatec ASA ("Scatec") has successfully issued a NOK 1,000 million 4.25-year senior unsecured green bond issue with a coupon of 3 months NIBOR + 2.85% p.a. The net proceeds of the green bond issue shall be applied towards repayment of outstanding corporate interest-bearing debt and general corporate purposes as set out in the Green Financing Framework. The bond will extend Scatec’s corporate maturity profile and enhance its financial flexibility. Scatec remains committed to continue de ...
Scatec ASA: Fixed income investor meetings
Globenewswire· 2025-11-03 07:00
Core Viewpoint - Scatec ASA is planning to issue a NOK 1,250 million senior unsecured green bond with a maturity of 4.25 years, subject to market conditions [1]. Group 1: Green Bond Issuance - Scatec has mandated Arctic Securities, DNB Carnegie, Nordea, and SB1 Markets to arrange investor meetings starting on November 4, 2025 [1]. - The net proceeds from the green bond will be used for repaying outstanding corporate debt and for general corporate purposes as outlined in the Green Financing Framework [2]. Group 2: Company Overview - Scatec ASA is a prominent renewable energy solutions provider focused on enhancing access to reliable and affordable clean energy 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].
Invitation to presentation of Scatec ASA's third quarter results 2025
Globenewswire· 2025-10-16 15:00
Oslo, 16 October 2025: Scatec ASA will release its third quarter results and provide a status update on its strategy, on Thursday 30 October 2025 at 07:00 CET. A presentation followed by a Q&A session will be held on the same day at 09:00 CET at Scatec’s headquarters at Skøyen Atrium III (1st floor), Askekroken 11, 0277 Oslo. The presentation and the Q&A session can be followed through a live webcast from our website www.scatec.com, or Scatec webcast Q3 2025. For further information, please contact:For anal ...
VGP Acquires Site of Former Paper Mill in Hagen, Near Dortmund, to Develop Business Park
Globenewswire· 2025-10-13 05:00
Core Insights - VGP has acquired the former factory site of Kabel Premium Pulp & Paper GmbH in Hagen, covering approximately 280,000 square meters, as part of insolvency proceedings initiated in June 2025 [1][2][4] - The site, located near Dortmund, will be transformed into a modern business and industrial park, focusing on production, light industrial, and logistics sectors, with an aim for at least DGNB Gold certification for sustainability [2][4][7] Company Overview - VGP is a pan-European developer and manager of high-quality logistics and semi-industrial properties, founded in 1998, with a gross asset value of €8.3 billion and a net asset value of €2.6 billion as of June 2025 [5] - The company operates in 18 European countries and employs around 412 full-time staff, utilizing a fully integrated business model [5] Development Plans - VGP plans to work closely with the City of Hagen and local economic development agencies to ensure a comprehensive dismantling of existing structures before construction begins [3] - The redevelopment will focus on sustainable practices, including reducing CO₂ emissions during the construction phase [2][4]
Invitation to presentation of Scatec ASA’s second quarter results 2025
Globenewswire· 2025-08-04 14:30
Company Overview - Scatec ASA is a leading renewable energy solutions provider focused on accelerating access to reliable and affordable clean energy in emerging markets [2] - The company develops, builds, owns, and operates renewable energy plants, with a total capacity of 6.2 GW 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] Upcoming Financial Results - Scatec ASA will release its second quarter and first half 2025 results on Tuesday, 19 August 2025, at 07:00 CEST [1] - A presentation of the results, followed by a Q&A session, will take place on the same day at 09:00 CEST at Scatec's headquarters [1] - The presentation and Q&A session will be available via live webcast on the company's website [1]
Invitation to presentation of Scatec ASA's second quarter results 2025
GlobeNewswire News Room· 2025-08-04 14:30
Core Viewpoint - Scatec ASA is set to release its second quarter and first half 2025 results on August 19, 2025, with a presentation and Q&A session scheduled for the same day [1]. Company Overview - Scatec is a leading renewable energy solutions provider focused on enhancing access to reliable and affordable clean energy in emerging markets [2]. - The company develops, builds, owns, and operates renewable energy plants, currently having 6.2 GW 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].
Scatec ASA: Initiation of share buyback for Employee Share Purchase Programme
Globenewswire· 2025-06-26 15:00
Core Points - Scatec ASA will initiate a buyback of up to 68,533 shares for a total maximum amount of NOK 9,600,000, with the buyback period running until 30 June 2025 [1] - The purpose of the buyback is to acquire shares for the Company's Employee Share Purchase Programme, as previously announced [2] - DNB Bank ASA has been engaged to carry out the buyback, which is authorized by the Board of Directors to purchase up to 3,500,000 shares at a minimum of NOK 1 and a maximum of NOK 1,000 per share [3] - All acquisitions will be executed on Euronext Oslo Børs, and the buyback programme may be discontinued at any time based on market conditions [4] Company Overview - Scatec is a leading renewable energy solutions provider, focusing on developing, building, owning, and operating renewable energy plants, with 6.2 GW in operation and under construction across five continents [5] - The Company is headquartered in Oslo, Norway, and is listed on the Oslo Stock Exchange under the ticker symbol 'SCATC' [5]
Scatec ASA: Subscriptions for the Employee Share Purchase Programme 2025
Globenewswire· 2025-06-25 15:37
Company Overview - Scatec is a leading renewable energy solutions provider focused on accelerating access to reliable and affordable clean energy in emerging markets [3] - The company develops, builds, owns, and operates renewable energy plants, with a total capacity of 6.2 GW in operation and under construction across five continents [3] - Scatec is headquartered in Oslo, Norway, and is listed on the Oslo Stock Exchange under the ticker symbol 'SCATC' [3] Share Purchase Program - Scatec offered participants the opportunity to purchase shares with a trading value ranging from NOK 10,413 to NOK 104,128 during the subscription period from 16 to 25 June 2025 [1] - The price per share was set at NOK 89.45, based on the average volume-weighted share price on the Oslo Stock Exchange over the last five trading days of the subscription period [1] - A total of 68,533 shares were subscribed by employees under the share purchase program, with allocation and delivery expected to occur by 4 July 2025 [2]
Scatec reaches financial close for the 1.1GW solar + 100MW/200MWh BESS Obelisk project
Globenewswire· 2025-06-15 14:03
Core Insights - Scatec ASA has achieved financial close for the "Obelisk" hybrid solar and battery storage project in Egypt, with a total estimated capex of USD 590 million, of which USD 479.1 million is financed by major development banks [1][2] Financing Details - The project financing is non-recourse and represents approximately 80% of the total estimated capex [1] - Scatec has previously secured equity bridge loans of USD 120 million for the project, deferring equity injections until the end of the construction period [4] Project Phases and Capacity - The project will be executed in two phases: the first phase includes 561 MW of solar and 100 MW/200 MWh of battery storage, expected to reach commercial operational date in the first half of 2026; the second phase will add 564 MW of solar capacity in the second half of 2026 [3] - The energy produced will be sold under a 25-year Power Purchase Agreement (PPA) with the Egyptian Electricity Transmission Company, backed by a sovereign guarantee [3] Company Operations - Scatec will provide Engineering, Procurement and Construction (EPC), Asset Management (AM), and Operations & Maintenance (O&M) services for the project, with the EPC scope accounting for approximately 70% of total capex [4] - The company is actively seeking equity partners, with discussions expected to conclude in the coming months [4] Company Background - Scatec is a prominent renewable energy solutions provider, with 6.2 GW of capacity in operation and under construction across five continents [5]
Scatec ASA: Minutes of the Annual General Meeting
Globenewswire· 2025-04-24 13:17
Group 1 - Scatec ASA held its Annual General Meeting on April 24, 2025, with 110,653,066 shares represented, accounting for 69.63% of the share capital [1] - All proposals were approved as presented, except for items 14 and 16, as detailed in the minutes [1][3] Group 2 - Scatec is a leading renewable energy solutions provider, focusing on developing, building, owning, and operating renewable energy plants with a total capacity of 4.8 GW in operation and under construction across five continents [2] - The company is headquartered in Oslo, Norway, and is listed on the Oslo Stock Exchange under the ticker symbol 'SCATC' [2]