Scatec ASA Secures Regulatory Approval for Green Bond Prospectus
Scatec ASA Secures Regulatory Approval for Green Bond
In a significant development, Scatec ASA has obtained approval for its Base Prospectus from the Financial Supervisory Authority of Norway. This approval, granted on May 30, 2025, pertains to the company's NOK 1,250 million senior unsecured green bond, which is set to be listed on the Oslo Stock Exchange. This bond, issued on February 5, 2025, will mature in February 2029, offering investors an opportunity to participate in Scatec's commitment to sustainable energy.
Details of the Green Bond Issuance
The approved Base Prospectus includes various appendices that provide comprehensive information regarding the green bond. The issuance of these bonds is crucial for Scatec as it intends to promote renewable energy projects and enhance its operations globally. Investors have expressed enthusiasm about this opportunity, highlighting the corporate focus on eco-friendly initiatives.
Scatec's Commitment to Renewable Energy
Scatec ASA is recognized as a pioneer in renewable energy solutions, dedicated to accelerating access to clean energy in emerging markets. The firm operates with a steadfast commitment to energy sustainability and enhancement. Currently, Scatec boasts a remarkable 6.2 GW of renewable energy plants, either operational or under construction, situated across five continents.
About Scatec ASA
Headquartered in Oslo, Norway, Scatec ASA has established itself as a reliable entity in the renewable energy sector. The company focuses on developing, building, owning, and operating renewable energy plants worldwide. Scatec’s mission is driven by a collective vision to improve the future through renewable energy solutions. By engaging with passionate employees and partners, the organization aims to expand its renewable energy capacity efficiently.
Contact Information
For more information about the green bond or any inquiries regarding Scatec ASA, individuals can reach out to:
Cecilie Engh Sætre
SVP Corporate Finance & Treasury
Email: Cecilie.Engh.Satre@scatec.com
Phone: +47 970 68 181
Investment Opportunities and Financial Growth
The successful issuance of the green bond is a testament to Scatec’s resilience and growth potential in the renewable energy marketplace. As more investors gravitate towards sustainable asset classes, Scatec’s offerings align seamlessly with market demands, positioning the company for continued financial growth and solid returns.
Future Endeavors and Projects
Looking ahead, Scatec plans to continue diversifying its portfolio and expand its reach within the renewable energy sector. The company is committed to developing innovative solutions that will further its mission in reducing carbon footprints worldwide. With established projects in various stages and a robust strategic plan, Scatec ASA is poised for success in facing future challenges and market changes.
Frequently Asked Questions
What is Scatec ASA?
Scatec ASA is a leading renewable energy solutions provider, focusing on developing and operating renewable energy plants across the globe.
What is the purpose of the NOK 1,250 million green bond?
The green bond aims to fund renewable energy initiatives and support Scatec's growth in sustainable energy.
How can I contact Scatec ASA for more information?
You can reach out to Cecilie Engh Sætre via email at Cecilie.Engh.Satre@scatec.com or by phone at +47 970 68 181.
Where is Scatec ASA's headquarters located?
Scatec ASA is headquartered in Oslo, Norway.
What are Scatec's future plans?
Scatec plans to expand its portfolio in renewable energy and develop innovative solutions aimed at reducing global carbon emissions.
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