Scatec ASA (STECF)
Scatec ASA operates in the Renewable Utilities industry of the Utilities sector, headquartered in Oslo, PS, NO. The stock last traded at $12.60, up 0.00% on the session, giving a market capitalisation of $2.01B. On trailing twelve-month figures it carries a trailing P/E of 124.74, a net margin of 3.4%. Its beta of 1.24 implies it has historically moved more than the broad market.
Scatec ASA functions as a global clean energy generator, specializing in sustainable electricity production. The company's operations are structured into three primary divisions: Power Production, Services, and Development and Construction. It is responsible for the full lifecycle of renewable energy assets, from conception and construction to ownership and ongoing management of facilities harnessing solar, wind, and hydroelectric energy, alongside accompanying storage infrastructure. Its services further extend to comprehensive engineering, procurement, construction (EPC), day-to-day operational management, routine maintenance, and overall asset stewardship for its power plants. Scatec boasts a combined capacity of 15 gigawatts (GW) from both active and prospective projects. Established in 2007, the company was previously traded as Scatec Solar ASA, adopting its current designation, Scatec ASA, in November 2020. Its principal offices are located in Oslo, Norway.
Scatec ASA is most often compared with the following Utilities names: