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Scatec Solar ASA (SSOL.OL)

SSOL.OL on Oslo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Scatec Solar Signs Agreements In Mykolaiv Region In Ukraine
Wednesday, 4 Jul 2018 02:30am EDT 

July 4 (Reuters) - Scatec Solar ASA ::REG- SCATEC SOLAR SECURES 47 MW IN UKRAINE.ENTERED INTO AGREEMENTS MW IN MYKOLAIV REGION IN SOUTH OF UKRAINE..FINANCIAL CLOSE AND CONSTRUCTION START IS EXPECTED LATER IN 2018 WITH COMMERCIAL OPERATION DURING 2019..  Full Article

Scatec Solar Secures Project In Malaysia
Wednesday, 13 Dec 2017 02:30am EST 

Dec 13 (Reuters) - SCATEC SOLAR ASA ::REG-SCATEC SOLAR SECURES A 40 MW PV PROJECT IN MALAYSIA.WORK HAS STARTED TO SECURE PROJECT FINANCE FROM COMMERCIAL BANKS IN MALAYSIA AND CAPEX IS ESTIMATED TO USD 50 MILLION.  Full Article

Statoil and Scatec complete Brazil solar deal
Tuesday, 24 Oct 2017 07:59am EDT 

Oct 24 (Reuters) - Statoil Asa :‍Statoil and Scatec Solar have completed their previously announced transaction, whereby Statoil acquires a 40% share in construction-eady 162 MW Apodi solar asset in Brazil from Scatec .Following the transaction Scatec Solar and Statoil both hold a 43,75% share in the Apodi solar asset, and ApodiPar holds the remaining 12,5%.Statoil has paid a combined acquisition price of approximately USD 25 million for access to the Apodi solar asset and the project execution company..The Apodi solar project will provide approximately 160,000 households with electricity..  Full Article

Scatec Solar Q3 EBITDA rises to NOK ‍595​ million
Friday, 20 Oct 2017 01:00am EDT 

Oct 20 (Reuters) - SCATEC SOLAR ASA :Q3 REVENUE NOK ‍655​ MILLION VERSUS NOK 281 MILLION YEAR AGO.Q3 EBITDA NOK ‍595​ MILLION VERSUS NOK 222 MILLION YEAR AGO.INVESTMENTS IN NEW SOLAR POWER PLANTS ARE EXPECTED TO YIELD AVERAGE EQUITY IRR OF 15% NOMINAL AFTER TAX​.  Full Article

Scatec Solar sells the 104 MW Utah Red Hills solar plant
Monday, 3 Oct 2016 02:44am EDT 

Scatec Solar ASA : Has entered into an agreement for sale of 100 pct of sponsor equity in 104 MW (DC) Utah Red Hills solar power plant with MIC Renewable Energy Holdings Llc . Proceeds are subject to further working capital adjustments at closing . Consolidated book value of Scatec Solar's sponsor equity in project company is $21 million while total balance sheet value is $137 million including project finance debt . Sale is expected to generate gross proceeds to Scatec Solar of $28 million .Transaction is expected to close before end of 2016.  Full Article

NORWEGIAN STOCKS-Down on rate outlook, Scatec drops after share issue

OSLO, June 14 (Reuters) - * Norwegian shares traded down on Thursday * Global markets dented by outlook for higher interest rates and weaker data from China * Oslo's benchmark index fell 0.24 pct, or -2.19 points, to 893.81 points and was up by 10.01 pct year-to-date * The broader Oslo All Share Index was down 0.14 percent * Brent crude futures, a trigger for the oil heavy Oslo Bourse, fell $-0.19 to $76.55 a barrel * Among the biggest firms on the Oslo Bourse, Equinor rose 0.28 pct, Telenor fel