Update on Scatec’s operations in Ukraine – EQ Mag Pro
Oslo : Scatec’s main priority in this critical situation is the safety of our employees.
Scatec has 66 employees and owns and operates five solar plants totalling 336 MW in Ukraine. The power plants are located in the central and southern parts of the country.
An emergency response organization has been mobilised and is assisting our Ukrainian employees in any way possible, including transportation and accommodation and other immediate support.
“We are deeply concerned over the situation we see unfold in Ukraine. We are doing everything we can to ensure the safety of Scatec’s employees and this remains our top priority in the days and weeks to come”, says CEO Raymond Carlsen.
The solar power plants are still intact and can be operated remotely, but none are currently delivering power due to curtailment instructions issued by the grid operator. In 2021, 6% of Scatec’s power production revenues were generated in Ukraine.
Scatec is monitoring the situation and is ready to deliver power when requested by the Ukrainian authorities, but it is currently uncertain when delivery can be resumed.
About Scatec ASA
Scatec is a leading renewable power producer, delivering affordable and clean energy worldwide. As a long- term player, Scatec develops, builds, owns and operates solar, wind and hydro power plants and storage solutions. Scatec has more than 3.5 GW in operation and under construction on four continents and more than 600 employees. The company is targeting 15 GW capacity in operation or under construction by the end of 2025. Scatec is headquartered in Oslo, Norway and listed on the Oslo Stock Exchange under the ticker symbol ‘SCATC’.
