Scatec (SCATC)

[TekBot]

Scatec starts commercial operation of solar power plant in Botswana

Oslo/Cape Town, 12 March 2025: Scatec ASA, a leading renewable energy provider,
has started commercial operation of the first 60 MW of the 120 MW Mmadinare
Solar Cluster in Botswana.
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The power plant is Scatec’s first in Botswana and will generate predictable
revenues from a 25-year power purchase agreement (PPA) with Botswana Power
Corporation, the national utility. The remaining 60 MW of the project is
currently under construction and is expected to be completed in the beginning of
2026. Scatec owns 100% of the project and is aiming to reduce its long-term
economic interest by inviting additional equity partners.

“We are very proud to achieve COD for the first phase of the solar power plant
within budget, reinforcing our commitment to advancing renewable energy in the
region,” says Terje Pilskog, CEO Scatec.

“Moving from development to construction and now to commercial operation has
been highly rewarding. We are now ramping up construction of the second phase
and look forward to its completion in the beginning of next year,” says Alberto
Gambacorta, Scatec’s EVP of Sub-Saharan Africa.

For further information, please contact:
For analysts and investors:
Andreas Austrell, VP IR
andreas.austrell@scatec.com (mailto:andreas.austrell@scatec.com)
+47 974 38 686

For media:
Meera Bhatia, SVP External Affairs & Communications
meera.bhatia@scatec.com (mailto:meera.bhatia@scatec.com)
+47 468 44 959

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 4.8 GW in
operation and under construction across five continents today. We are committed
to growing 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
(http://www.scatec.com/) or connect with us on LinkedIn
(Scatec ASA | LinkedIn).

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

Kilde

[TekBot]

Scatec signs PPA with Egypt Aluminium for major solar + BESS project

Oslo/Cairo, 13 March 2025: Scatec ASA, a leading renewable energy solutions
provider, today signed a 25-year USD-denominated corporate Power Purchase
Agreement (PPA) with Egypt Aluminium for a 1.1 GW Solar PV + 100 MW/200MWh BESS
…

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project in Egypt backed by a sovereign guarantee.

Egypt Aluminium is the largest aluminium producer and industrial electricity
consumer in Egypt and exports approximately 60% of its production to Europe.
This solar PV + BESS project will be instrumental for Egypt Aluminium’s ambition
to decarbonise its aluminium production, and to meet EU’s Carbon Border
Adjustment Mechanism (CBAM) requirements which will be introduced in 2026.

The key next steps for the project are to work with the relevant authorities to
allocate land, finalise grid connection and secure financing, and Scatec targets
to reach financial close and start construction within the next 12 months.

“This is another testament to Scatec’s position as one of the leading renewables
companies in Egypt. It is a groundbreaking project as it is the first utility
scale PPA in the country with an industrial offtaker. I would like to thank all
parties involved for making this happen, especially our partners at Egypt
Aluminium. Further, our team has shown great persistence and creativity in
securing this agreement and bringing new solutions to the market,” says Scatec
CEO Terje Pilskog.

The estimated total capital expenditure for the solar PV + BESS project is
approximately USD 650 million which will be funded by approximately 80% non-
recourse project debt, and the remainder by equity from Scatec and partners.
Scatec owns 100% of the project but is targeting to reduce its long-term
economic interest by inviting additional equity partners. Scatec will be the
designated EPC service provider, with an EPC share of approximately 90% of total
capex, as well as asset manager (AM) and operations and maintenance (O&M)
service provider.

For further information, please contact:
For analysts and investors:
Andreas Austrell, VP IR
andreas.austrell@scatec.com (mailto:andreas.austrell@scatec.com)
+47 974 38 686

For media:
Meera Bhatia, SVP External Affairs & Communications
meera.bhatia@scatec.com (mailto:meera.bhatia@scatec.com)
+47 468 44 959

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 4.8 GW in
operation and under construction across five 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

Kilde

[TekBot]

Scatec signs 25-year PPA in Tunisia for a 120 MW solar plant

Oslo, 24 March 2025: Scatec ASA, a leading renewable energy solutions provider
has signed a 25-year Power Purchase Agreement (PPA) with Tunisian state utility
Société Tunisienne de l’Electricité et du Gaz (STEG) for another 120 MW solar
…

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power plant (Sidi Bouzid II) in Tunisia. The PPA was awarded in December 2024
through a government tender to support Tunisia’s ambitious renewable energy
targets and to enhance the country’s energy security.

Scatec has further signed a Joint Development Agreement, with Aeolus SAS
(Aeolus), part of the Japanese conglomerate Toyota Tsusho Group, for the
project. The agreement enhances the partners’ collaboration in Tunisia, building
on the success of the 60 MW Sidi Bouzid I and 60 MW Tozeur solar projects
currently under construction. Scatec will own 50% of the Sidi Bouzid II project,
while Aeolus will own 50%.

The estimated total capital expenditure (capex) for the project is EUR 87
million and Scatec will be the designated EPC-provider with an EPC share of
approximately 85% of capex. Scatec is currently in dialogue with selected
financial institutions for debt financing of the project and the total financing
structure will be communicated at financial close which is expected in the
second half of 2025.

“This agreement marks a significant milestone for Scatec in Tunisia, reinforcing
our collaboration with Aeolus and our commitment to driving the renewable energy
transition in the region. Tunisia depends significantly on gas imports, making
projects like this essential for diversifying the energy mix and achieving the
country’s ambitious renewable energy goals,” says Terje Pilskog, CEO of Scatec.

Tunisia is committed to reaching 30% renewable energy by 2030 to reduce
emissions, cut costs, and increase energy security. With 97% of electricity
production currently derived from gas, of which approximately half is imported,
Tunisia has an urgent need for additional renewable energy generation. To meet
this demand, the authorities are planning further solar and wind auctions in the
years to come. Scatec will continue to explore Tunisia’s attractive renewables
market through upcoming auctions, leveraging its partnership with Aeolus and the
fully integrated business model.

For further information, please contact:
For analysts and investors:
Andreas Austrell, VP IR
andreas.austrell@scatec.com (mailto:andreas.austrell@scatec.com)
+47 974 38 686

For media:
Meera Bhatia, SVP External Affairs & Communications
meera.bhatia@scatec.com (mailto:meera.bhatia@scatec.com)
+47 468 44 959

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 4.8 GW in
operation and under construction across five 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

Kilde

[TekBot]

Scatec publishes Annual Integrated Report 2024

Oslo, 01 April 2025: The Board of Directors of Scatec ASA has approved the
annual accounts for 2024, and the 2024 Annual Integrated Report has been
published today.
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“2024 has been a year of significant positive development for Scatec. We have
delivered good financial performance across all segments, built an attractive
growth portfolio for the next few years, continued to optimize our portfolio and
deleveraged on corporate level. Renewables have become more competitive during
the year, improving the market potential for Scatec going forward,” says Scatec
CEO, Terje Pilskog.

The 2024 Integrated Annual Report includes the EU Taxonomy disclosure and
Sustainability Statements, prepared in accordance with the EU Corporate
Sustainability Reporting Directive (CSRD) and European Sustainability Reporting
Standards (ESRS).

The Executive Remuneration Report and the Green Finance Report are disclosed
separately. The disclosures are available on Scatec’s website:
Reports & presentations - Scatec

For further information, please contact:
For analysts and investors:
Andreas Austrell, SVP IR
andreas.austrell@scatec.com (mailto:andreas.austrell@scatec.com)
+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 4.8 GW in
operation and under construction across five 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

Kilde

[TekBot]

Correction: Scatec publishes Annual Integrated Report 2024

Correction: The name of the ESEF file has been changed to align with the file
name in the auditors report.

…

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Oslo, 01 April 2025: The Board of Directors of Scatec ASA has approved the
annual accounts for 2024, and the 2024 Annual Integrated Report has been
published today.

“2024 has been a year of significant positive development for Scatec. We have
delivered good financial performance across all segments, built an attractive
growth portfolio for the next few years, continued to optimize our portfolio and
deleveraged on corporate level. Renewables have become more competitive during
the year, improving the market potential for Scatec going forward,” says Scatec
CEO, Terje Pilskog.

The 2024 Integrated Annual Report includes the EU Taxonomy disclosure and
Sustainability Statements, prepared in accordance with the EU Corporate
Sustainability Reporting Directive (CSRD) and European Sustainability Reporting
Standards (ESRS).

The Executive Remuneration Report and the Green Finance Report are disclosed
separately. The disclosures are available on Scatec’s website:
Reports & presentations - Scatec

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

Kilde

[cyrve]

Noen høydepunkter fra rapporten:

• Financial Performance : Proportionate revenues reached NOK 7.9 billion and EBITDA increased to NOK 4.7 billion, reflecting strong operational growth with a nearly 30% rise in power production segment earnings.
• Growth Portfolio : Scatec has a pipeline of 2.7 GW projects, a 64% capacity increase expected by 2025, emphasizing solar and battery storage.
• Sustainability Commitment : Scatec ranked 2nd in Norway for sustainability; 94% of revenues aligned with EU Taxonomy requirements. Aiming for net-zero emissions by 2040.
• Strategic Initiatives : Focus on profitable growth through divestments, enhancing financial flexibility, and strengthening partnerships in core markets like South Africa and Egypt.

FinDL | Summary

[TekBot]

Scatec ASA: Mandatory notifications of trade by primary insiders

Oslo, 2 April 2025: Two board members have today bought shares in Scatec ASA.

Mette Krogsrud, board member of Scatec ASA, has on 2 April bought 3,000 shares
…

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in Scatec ASA at an average price per share of 77.00. After the transaction
Mette Krogsrud owns 6,000 shares in Scatec ASA.

Ketal AS, a company controlled by Maria Tallaksen, board member of Scatec ASA,
has on 2 April bought 1,300 shares in Scatec ASA at an average price per share
of NOK 77.54. After the transaction Ketal AS owns 1,300 shares in Scatec ASA.

Attached is the notification of the transaction in accordance with the Market
Abuse Regulation Article 19.

This information is subject to the disclosure requirements pursuant to the
Market Abuse Regulation article 19 and section 5-12 of the Norwegian Securities
Trading act.

Kilde

[TekBot]

Notice of Annual General Meeting of Scatec ASA

Oslo, 03 April 2025: The Annual General Meeting of Scatec ASA will be held on
24 April 2025 at 10:00 CEST. The meeting will be held as a digital meeting,
using the online platform Lumi, and can be accessed using the following link:
…

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https://dnb.lumiagm.com/143751374

Please find attached:

• Notice of Annual General Meeting with attendance/proxy
• Board of Directors’ proposed resolutions for the Annual General Meeting
• Recommendation by the Nomination Committee

All related documents, including instructions for how to join the AGM are
available on the Scatec website: https://scatec.com/investor/events-
presentations/

For further information, please contact IR@scatec.com

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 4.8 GW in
operation and under construction across five 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

Kilde

[TekBot]

Scatec ASA: Minutes of the Annual General Meeting

Oslo, 24 April 2025: Scatec ASA held its Annual General Meeting today at 10:00
CEST. A total of 110,653,066 shares, representing 69.63% of the share capital
was represented at the General Meeting.
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All proposals were resolved as presented in the notice convening the General
Meeting distributed on 03 April 2025 except for items 14 and 16, as further set
out in the minutes from the General Meeting attached hereto.

For further information, please contact:
For analysts and investors:
Andreas Austrell, SVP IR
andreas.austrell@scatec.com (mailto:andreas.austrell@scatec.com)
+47 974 38 686

For media:
Meera Bhatia, SVP External Affairs & Communications
meera.bhatia@scatec.com (mailto:meera.bhatia@scatec.com)
+47 468 44 959

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 4.8 GW in
operation and under construction across five 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

Kilde

[TekBot]

Invitation to presentation of Scatec ASA’s first quarter results 2025

Oslo, 24 April 2025: Scatec ASA will release its first quarter results on
Thursday 08 May 2025 at 07:00 CEST.

…

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A presentation of the results followed by a Q&A session will be held on the same
day at 09:00 CEST at Scatec’s headquarters at Skøyen Atrium III (1(st) floor),
Askekroken 11, 0277 Oslo. The presentation and the Q&A session can be followed
through a live webcast from our website www.scatec.com (http://www.scatec.com),
or Scatec webcast Q1 2025
(https://channel.royalcast.com/landingpage/hegnarmedia/20250508_6/).

For further information, please contact:
For analysts and investors:
Andreas Austrell, SVP IR
andreas.austrell@scatec.com (mailto:andreas.austrell@scatec.com)
+47 974 38 686

For media:
Meera Bhatia, SVP External Affairs & Communications
meera.bhatia@scatec.com (mailto:meera.bhatia@scatec.com)
+47 468 44 959

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 4.8 GW in
operation and under construction across five 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

Kilde

[TekBot]

Rentefastsettelse

Det er fastsatt ny Obligasjonsrente for NO0013144964.
Ny Obligasjonsrente i Renteperioden 07.05.2025 - 07.08.2025 er 8.83.
Ticker: SCATC05 ESG
…

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Den nye Obligasjonsrenten og Renteperioden er fastsatt i henhold til Obligasjonsavtalen.

Se vedlagt dokument for utfyllende informasjon.

(Publisert av Nordic Trustee)

Kilde

[TekBot]

Scatec starts construction of large scale solar and battery storage project in Egypt

Oslo/Cairo, 05 May 2025: Scatec ASA has commenced construction of its 1.1 GW
Obelisk solar and 100 MW/200 MWh battery storage project in Egypt. The energy
will be sold under a USD-denominated 25-year Power Purchase Agreement (PPA) with
…

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the Egyptian Electricity Transmission Company (EETC), backed by a sovereign
guarantee.

The project will be constructed in two phases. The first phase of 561 MW solar +
100 MW/200 MWh battery storage is targeted to reach commercial operational date
(COD) in the first half of 2026 and the second phase of 564 MW solar in the
second half of 2026.

Scatec has also signed equity bridge loans (EBL) of USD 120 million for the
project, postponing the project equity injections to the end of the construction
period. A USD 90 million EBL will be provided by The Arab Energy Fund with
maturity in the second quarter 2028 and another USD 30 million EBL by the
European Bank for Reconstruction and Development (EBRD) with maturity in the
first quarter 2027.

Scatec has further signed a mandate letter with a consortium of development
finance institutions for the long-term non-recourse project debt at attractive
terms, with financial close expected in the next few months. The company is also
in advanced discussions with potential equity partners, expected to conclude in
the same timeframe.

“We are proud to break ground on Egypt’s first hybrid solar and battery
project, building on our proven track record with similar developments. Egypt
has ambitious targets to build out significant renewable energy capacity the
coming years, and this milestone further strengthens Scatec’s position as a
leading renewable energy producer in the country,” says Scatec CEO Terje
Pilskog.

Total capex for the project is approximately USD 590 million to be partly
financed by a targeted 80% non-recourse long-term project debt. Scatec will
deliver Engineering, Procurement and Construction (EPC), Asset Management (AM),
and Operations & Maintenance (O&M) services for the project. Scatec’s EPC scope
is approximately 70% of total capex, reduced from previous communication due to
optimisation of the EPC structure but with unchanged gross profit to Scatec.

For further information, please contact:
For analysts and investors:
Andreas Austrell, SVP IR
andreas.austrell@scatec.com (mailto:andreas.austrell@scatec.com)
+47 974 38 686

For media:
Meera Bhatia, SVP External Affairs & Communications
meera.bhatia@scatec.com (mailto:meera.bhatia@scatec.com)
+47 468 44 959

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 6.2 GW in
operation and under construction across five 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

This stock exchange announcement was published by Brage Krogsrud, Investor
Relations at Scatec ASA, on 05 May 2025 at 22:00 CEST

Kilde

[TekBot]

Scatec first quarter 2025: Strong financials and increasing growth outlook

Oslo, 08 May 2025: In the first quarter, Scatec reported proportionate revenues
of NOK 2.39 billion (1.23 billion), with an EBITDA of NOK 1.38 billion (0.85
billion).
…

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Scatec’s power plants generated 979 GWh in the quarter, up from 901 GWh in the
same quarter last year, mainly driven by strong hydrology in the Philippines and
Laos. Power production revenues were NOK 1.62 billion (1.06 billion) and EBITDA
NOK 1.39 billion (0.87 billion). The increase was mainly driven by strong
performance in the Philippines and gains from divestments.

The Development & Construction (D&C) segment delivered revenues of NOK 0.75
billion (0.15 billion) from construction activities across South Africa, the
Philippines, Tunisia, Botswana and Brazil. The gross margin remained strong at
11%.

Scatec continued to deliver on its strategy to strengthen the capital structure
and to divest non-core assets. Net corporate debt was reduced by approximately
NOK 1.8 billion to NOK 5.2 billion in the quarter, supported by NOK 2.6 billion
in proceeds from asset divestments in Uganda and Vietnam.

Scatec continued to deliver on its self-funded growth plan during the quarter.
Construction started on 56 MW additional battery storage capacity in the
Philippines, and this week, Scatec announced the construction start of its
largest solar and battery hybrid project to date in Egypt, with a capacity of
1.1GW solar and 100MW/200MWh battery storage. The company also signed new power
purchase agreements in Egypt and Tunisia, adding 1.3 GW of capacity to the
backlog. These significant milestones reinforce Scatec’s construction pipeline
and will support a doubling of the operating capacity in the years ahead.

“We have delivered a strong quarter across all segments, expanded our
construction portfolio and backlog, and strengthened our capital structure. This
reinforces our platform and positions us for continued profitable growth. We
remain firmly committed to disciplined capital allocation and to strengthening
our financial position,” says CEO Terje Pilskog.

First quarter consolidated revenues and other income was NOK 1.81 billion (1.28
billion), EBITDA was NOK 1.51 billion (1.02 billion), and the net profit was NOK
0.76 billion (-0.03 billion).

Outlook

• Full year 2025 proportionate power production unchanged at 4.1 - 4.5 TWh
• Full year 2025 proportionate EBITDA estimate increased by NOK 400 million to
  NOK 4.15 - 4.45 billion
• Remaining D&C contract value of 6.7 billion for projects under construction
• Estimated 10-12 % gross margin for projects under construction and in
  backlog

Additional information
Proportionate historical financial information on a country-by-country level is
attached to the stock exchange notice.

A presentation of the results, followed by a Q&A session will be held
at Scatec’s headquarters at Skøyen Atrium III (1(st) floor), Askekroken
11, 0277 Oslo, today at 09:00 am CEST. You can also follow the presentation and
Q&A session from our website, or through this link:
https://channel.royalcast.com/landingpage/hegnarmedia/20250508_6/

For further information, please contact:
For analysts and investors:
Andreas Austrell, SVP IR
andreas.austrell@scatec.com (mailto:andreas.austrell@scatec.com)
+47 974 38 686

For media:
Meera Bhatia, SVP External Affairs & Communications
meera.bhatia@scatec.com (mailto:meera.bhatia@scatec.com)
+47 468 44 959

About Scatec
Scatec is a leading renewable energy solutions provider, accelerating access to
reliable and affordable clean energy in emerging markets. As a long-term player,
we develop, build, own, and operate renewable energy plants, with 6.2 GW in
operation and under construction across five 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
(https://scatec.com/) or connect with us on LinkedIn
(Scatec ASA | LinkedIn).

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

Kilde

[Bingo123]

Wow

Strong financials and increasing growth outlook In the first quarter… |...

[Murrinho]

Knallsterkt!

[Ravioli]

Tre banker høyner kursmål etter rapporten, alle med tre kroner. Og kursen går videre opp dagen derpå. Mao oppgang ikke bare basert på spontankjøp etter tallslipp. Som i hvert fall jeg ser på som en sunnhetstegn.

[Christian]

Sjekket rentemeldinger her, de betaler 8,7% - 11% rente på lånene sine. Ett av de nye lånene var 3mnd Nibor +3,15%. Denne aksjen må være relativt rentesensitiv? Dvs at hvis renten går ned, så går utgiftene kraftig ned?

@TekBot

Scatec continued to deliver on its strategy to strengthen the capital structure
and to divest non-core assets. Net corporate debt was reduced by approximately
NOK 1.8 billion to NOK 5.2 billion in the quarter, supported by NOK 2.6 billion
in proceeds from asset divestments in Uganda and Vietnam.

5,2mrd gjeld med 10% rente = 520 MNOK renteutgifter i året, ved 5% rente (f.eks. Nibor 2%+3%) blir 260 MNOK. Med et resultat i fjor på 1486 MNOK, så ville 260 MNOK til økt resultatet med 17,5%.

EDIT ser jeg har sett på “Net debt”, det blir jo ikke helt riktig…

Fra Q1-tallene

Net financial expenses were NOK 455 million

Sååå, mer sannsynlig rundt 4x dette i renteutgifter, eller 1800 MNOK. Får de renten ned fra snitt 10% til f.eks. 7% i forbindelse med et stort rentefall, så sparer de 540 MNOK i året. dvs at resultatet øker med 35%-ish.

Depreciation, amortisation and impairment for the quarter was NOK
281 million

Er avskrivningene i riktig størrelse? Utrolig mye dritt som kan skjules ved å ikke skrive ned nok. Så at de hadde gjort et par salg som så ut til å ha positiv effekt i regnskapet som vel er et godt tegn.

[Christian]

Blir obligasjonen priset til 107% av original verdi? Dvs at markedet mener de hadde fortjent lavere rente, eller har jeg misforstått?
https://www.boerse-frankfurt.de/bond/no0012837030-scatec-asa-11-12-23-27

[Ravioli]

Generelt så er dette i stor grad en øvelse i financial engineering ja, med vurdering av optimal gjeldsgrad. + god prosjektgjennomføring. Gjelden er gjerne knyttet til de enkelte prosjektene og kan variere veldig fra prosjekt til prosjekt. Mye “net gains from sales” i flere kvartaler på rad, som vel tyder på at det ikke er så mange lik i skapene, som du er inne på.

[BudSpencer]

Vilkår på den du linker til er nibor+6,6%. Spread har blitt mindre, men nibor har blitt høyere. Totalt er det litt høyere rente på denne enn den siste. Så prises de av markedet sånn at yield er ca. lik.