About Scatec
Scatec is a company based in Oslo (Norway) founded in 2007. Scatec has raised $82.4 million across 3 funding rounds from investors including Equinor, Norad and Climate Fund Managers. The company has 778 employees as of December 31, 2022. Scatec offers products and services including Solar Power Plants, Wind Power Plants, Hydro Power Plants, and Energy Storage Solutions. Scatec operates in a competitive market with competitors including Statkraft, Norsk Renewables, Solgrid, Eidsiva Energi and NVE, among others.
- Headquarter Oslo, Norway
- Employees 778 as on 31 Dec, 2022
- Stage Public
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Sectors
Energy & Utilities
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$82.4 M (USD)
in 3 rounds
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Latest Funding Round
$102 M (USD), Post-IPO
Oct 27, 2023
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Investors
Equinor
& 2 more
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Employee Count
778
as on Dec 31, 2022
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Products & Services of Scatec
Scatec offers a comprehensive portfolio of products and services, including Solar Power Plants, Wind Power Plants, Hydro Power Plants, and Energy Storage Solutions.
Develops and operates solar energy facilities for clean power
Manages wind energy projects for sustainable electricity
Builds and operates hydro facilities for reliable energy
Provides storage systems to support renewable power integration
People of Scatec
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Funding Insights of Scatec
Scatec has successfully raised a total of $82.4M across 3 strategic funding rounds. The most recent funding activity was a Post-IPO round of $102 million completed in October 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Scatec
Scatec has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Equinor, Norad and Climate Fund Managers.
| Investor | Description | Founded Year | Domain | Location |
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Climate finance solutions are provided for emerging markets globally.
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Higher education and research for development are provided by Norad.
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Petroleum, natural gas, petrochemicals, and electrical power are produced globally.
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Investor details for Scatec
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Investments & Acquisitions by Scatec
Investment portfolio details for Scatec
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Financial Statements - Scatec
Detailed financials for Scatec
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Scatec Comparisons
Peer comparison for Scatec
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Competitors of Scatec
Scatec operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Statkraft, Norsk Renewables, Solgrid, Eidsiva Energi and NVE, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Renewable energy production services are provided by Statkraft.
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Solar energy projects are developed, financed, and operated in Norway.
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Solar and wind energy projects are developed in Norway.
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Solar panels and related products are installed by the company.
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Government agency overseeing water resources, energy production, and natural hazard management in Norway.
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Detailed competitors of Scatec
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Latest news on Scatec
Complete news archive for Scatec
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Frequently Asked Questions about Scatec
Scatec was founded in 2007 and raised its 1st funding round 11 years after it was founded.
Scatec is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
Terje Pilskog is the current CEO of Scatec.
Scatec is a funded company, having raised a total of $82.4M across 3 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Scatec is 778.
Scatec was founded in 2007 and is headquartered in Oslo, Norway. Renewable energy projects focused on solar and wind power are developed and operated by the company across various international locations. Services include project development, financing, construction, and long-term operations in the clean energy sector. Leadership is provided by CEO Terje Pilskog, with emphasis placed on sustainable energy solutions for utility-scale applications.
Scatec's top competitors include Statkraft, Solgrid and Eidsiva Energi.
Scatec offers Solar Power Plants, Wind Power Plants, Hydro Power Plants, and Energy Storage Solutions.
Scatec has 3 investors. Key investors include Equinor, Norad, and Climate Fund Managers.