Scatec ASA (0R3I.IL)

67.10 -3.40 (-4.82%) As of 01:49PM BST. Market open.

Scatec ASA

Askekroken 11
Oslo 0277
Norway
47 48 08 55 00
https://scatec.com

Sector(s): Utilities
Industry: Utilities - Renewable
Full-time employees: 778

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Terje Pilskog	Chief Exec. Officer	4.81M	N/A	1971
Pal Strom	Exec. VP of Operations & Maintenance	2.56M	N/A	1976
Ms. Kate Bragg	Exec. VP of People, Strategy & Digital	2.26M	N/A	1986
Mr. Roar Haugland	EVP of Sustainability, HSSE & Quality	3.15M	N/A	1960
Mr. Pal Helsing	Exec. VP of Solutions	3.58M	N/A	1960
Ms. Ann-Mari Lillejord	Exec. VP of Latin America & Europe	1.83M	N/A	1982
Mr. Hans Jakob Hegge	Chief Financial Officer	N/A	N/A	1969
Ingrid Aarsnes	VP of Communications & IR	N/A	N/A	N/A
Ms. Siobhan Minnaar	Exec. VP & Gen. Counsel	N/A	N/A	N/A
Meera Bhatia	Sr. VP of Communications	N/A	N/A	N/A

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in NOK.

Description

Scatec ASA, together with its subsidiaries, provides renewable energy solutions worldwide. The company operates through Power Production; Services; and Development & Construction segments. It develops, builds, owns, and operates solar, wind, and hydro power plants and storage solutions. The company is also involved in the engineering, procurement, construction, operation, maintenance, and asset management of power plants. It has a total of 4.6 GW in operation and under construction. The company was formerly known as Scatec Solar ASA and changed its name to Scatec ASA in November 2020. Scatec ASA was incorporated in 2007 and is headquartered in Oslo, Norway.

Corporate governance

Scatec ASA’s ISS governance QualityScore as of 1 October 2023 is 6. The pillar scores are Audit: 1; Board: 4; Shareholder rights: 1; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.