Renewable Energy Solutions Provider Scatec Posts $106 Million Revenue in Q1

Due to the ongoing unrest over Russia’s war in Ukraine, Scatec bore an impairment of $81 million

May 10, 2022

/ Gourav Mishra
/ Finance and M&A, Solar
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Europe-based independent power producer Scatec recorded first-quarter (Q1) revenue of NOK1014 million (~$106.2 million), a year-over-year (YoY) surge of 25% from NOK954 million (~$100.40 million) in the same period last year.

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Gourav Mishra

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hydropowerNOKquarterly resultsScatecSolarwind
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