Oslo, 31 January 2024: Scatec ASA ("Scatec") has successfully issued NOK 1,750 million in a 4-year senior unsecured bond issue with a coupon of 3 months NIBOR + 4.25% p.a. with quarterly interest payments. The net proceeds from the bond issue will be applied towards eligible activities as set out in the Green Financing Framework, including partial buy-back of outstanding bonds with ticker “SCATC03 ESG” (ISIN NO0010931181).

DNB Markets, Nordea and SpareBank 1 Markets acted as Joint Lead Managers in connection with the placement of the new bond issue. An application will be made for the bonds to be listed on Oslo Børs.

For further information, please contact:
Andreas Austrell, VP IR, tel: +47 974 38 686

About Scatec  
Scatec is a leading renewable energy solutions provider, accelerating access to reliable and affordable clean energy emerging markets. As a long-term player, we develop, build, own, and operate renewable energy plants, with 4.2 GW in operation and under construction across four continents today. We are committed to grow our renewable energy capacity, delivered by our passionate employees and partners who are driven by a common vision of ‘Improving our Future’. Scatec is headquartered in Oslo, Norway and listed on the Oslo Stock Exchange under the ticker symbol ‘SCATC’. To learn more, visit www.scatec.com or connect with us on LinkedIn.  

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act