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Trades about 554% below its sector, cheaper than its peers on earnings.
Scatec ASA, a global entity operating through its various subsidiaries, functions as a producer of renewable energy. The company organizes its operations into three core segments: Power Production, Services, and Development and Construction. Specializing in the entire project lifecycle, Scatec develops, builds, owns, and operates solar, wind, and hydroelectric power plants, alongside offering storage solutions. Its services further encompass engineering, procurement, construction (EPC), operation, maintenance, and asset management for these power facilities. Currently, Scatec boasts a significant portfolio with a total capacity of 15 gigawatts (GW) across projects that are either operational or actively under construction. Established in 2007 and headquartered in Oslo, Norway, the company was formerly known as Scatec Solar ASA before officially changing its name to Scatec ASA in November 2020.
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