Scatec

An integrated independent solar power producer, delivering affordable, rapidly deployable and sustainable source of clean energy worldwide

Launch date

2007

Employees

501-1000 people

Ownership

Market cap

Net debt

NOK41.8b

Firm valuation

$4.1b (Public information from Aug 2022)

Oslo Norway (HQ)

http://www.scatecsolar.com/

https://twitter.com/scatecsolar https://www.linkedin.com/company/scatec-solar https://apps.apple.com/app/id949430706

Deals in current and previous year:

SN Power AS

Revenues, earnings & profits over time

NOK	2016	2017	2018	2019	2020	2021	2022E
Revenues	910m	1.5b	1.2b	1.8b	2.8b	3.8b	4.7b
% growth	11 %	64 %	(19 %)	47 %	54 %	38 %	24 %
EBITDA	818m	1.2b	902m	1.4b	2.1b	2.9b	3.1b
% EBITDA margin	90 %	83 %	74 %	78 %	75 %	76 %	66 %
Profit	-	339m	140m	(39m)	(478m)	388m	411m
% profit margin	-	23 %	12 %	(2 %)	(17 %)	10 %	9 %
EV / revenue	-	6.4x	12.2x	14.9x	21.5x	10.3x	7.7x
EV / EBITDA	-	7.7x	16.4x	19.1x	28.6x	13.5x	11.7x

Source: Company fillings or news article

Date	Investors	Amount	Round
-	Scatec AS	N/A	- Not yet verified
Oct 2014	N/A	€84.9m Valuation: €218m	IPO
Jan 2016	Ferd Venture	N/A	Growth Equity non VC Not yet verified
Nov 2018	Equinor	N/A	Growth Equity non VC Not yet verified
Sep 2019	N/A	$146m	Growth Equity non VC Not yet verified
May 2020	N/A	NOK2.0b Valuation: NOK20.6b	Post IPO Equity
Jun 2020	FMO Entrepreneurial Development Bank	$4.8m	Post IPO Debt
Total Funding		-

Tech stackLearn more about the technologies and tools that this company uses.

ACQUISITION by Scatec Oct 2020