L R AS Published on Saturday 3 February 2024 - n° 474 - Categories:company results

Scatec in 2023: back in the black

Norwegian developer Scatec posted sales of NOK 4.7 billion (+26%) and ebitda of NOK 3.2 billion ($306 million) in 2023. The company produced

3.6 TWh (-7%). Net profit was NOK 628 million, compared with a net loss of NOK 1,334 million the previous year.

For 2024, Scatec forecasts electricity production of between 4.2 and 4.6 TWh, and a corresponding ebitda of between NOK 3.4 and 3.7 billion (+6% to +16%).

https://www.pv-tech.org/low-module-and-bess-prices-drive-up-scatec-2023-revenues/

PV Tech of 29 January 2024

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