Scatec’s Q4 2023 earning highlights include NOK 1.7 billion in revenues and NOK 808 million EBITDA. Annual figures reveal record-breaking revenues of NOK 12.7 billion and EBITDA of NOK 3.8 billion. The renewable energy solution provider achieved this through high construction activity, focusing on portfolio optimization, and securing NOK 2.7 billion in growth funding. Notably, Scatec divested four solar power plants and agreed to refinancing terms with major banks. Initiating projects in South Africa, Botswana, and winning a 103 MW battery storage project positions Scatec in a growth trajectory for 2024.
Scatec records positive Q4 revenues and EBITDA surge
