Scatec publishes annual integrated report 2025

27 Mar 2026 08:08 CET

Oslo, 27 March 2026: The Board of Directors of Scatec ASA has approved the
annual accounts for 2025, and the 2025 Annual Integrated Report has been
published today.

"It is with pride that I look back on a truly transformative year for Scatec.
We have delivered strong growth across the business while maintaining
financial discipline, strengthening our balance sheet and building a
record-high project portfolio. This demonstrates our successful strategy of
combining scalable growth with a focus on returns and resilience. With strong
visibility on our backlog and continued demand for clean, reliable and
affordable power, we are well positioned to continue delivering value in the
years ahead," says Scatec CEO, Terje Pilskog.

In 2025 Scatec generated total proportional revenues of NOK 11,002 million and
EBITDA of 4,568 million, reduced the gross corporate interest-bearing debt by
25%, and ended the year with an all-time high growth portfolio.

The 2025 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).

With reference to note 18 of the annual integrated report, an adverse outcome
of a litigation process in India in February 2026 resulted in a drawdown under
a guarantee provided by Scatec and a subsequent adjustment of the 2025
financial statements. Scatec continues to challenge the outcome in the legal
system.

The Executive Remuneration Report and the Green Finance Report are disclosed
separately. The disclosures are available on Scatec's website:
https://www.scatec.com/en/investors/reports-presentations/.

For further information, please contact:
For analysts and investors:
Andreas Austrell, SVP Investor Relations
andreas.austrell@scatec.com

For media:
Meera Bhatia, SVP External Affairs & Communications
meera.bhatia@scatec.com

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 6.3
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 disclosure under the Norwegian Securities
Trading Act, §5-12. The information was submitted for publication, through the
agency of the contact persons set out above, 27.03.2026 08:00 CET.

More information:
Access the news on Oslo Bors NewsWeb site

669578_Scatec Annual Integrated Report 2025.pdf
669578_scatc-2025-12-31-en.zip