Scatec Posts $42 Million Loss in Q4 as Laos Projects Underperform

The company’s quarterly revenue was down 4.5% to ~$96.2 million

February 7, 2023

/ Gautamee Hazarika
/ Finance and M&A, Other, Renewable Energy
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Norwegian independent power producer Scatec swung into a net loss of NOK 433 million (~$42 million) in the fourth quarter (Q4) of 2022, compared with a profit of NOK 136 million (~$13.14) year-over-year (YoY).

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Gautamee Hazarika

More articles from Gautamee Hazarika.
ESG performanceGreen HydrogenNet-zeroportfolioquarterly resultsRenewable EnergyScatecUkraine
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