Empowering Our Future: Scatec Secures $30M Grant to Accelerate Global Clean Energy Expansion

Scatec, a global leader in delivering renewable energy solutions and advancing access to reliable, affordable clean energy in emerging markets, is excited to announce our latest funding achievement. In a robust funding round, we successfully raised $30,000,000, a significant milestone that underscores the confidence investors have in our vision and our ability to transform the energy landscape worldwide. As a long-term player in the renewable energy sector, Scatec continues to lead by example: developing, building, owning, and operating renewable energy plants that currently boast 5 GW of capacity in operation and under construction across five continents. This recent infusion of capital will be strategically directed towards expanding our renewable energy capacity and further boosting our innovative projects in high-growth emerging markets. Moreover, the funding will support new initiatives in sustainability, accelerate technological advancements, and enhance our operational capabilities, all while reinforcing our commitment to the principle of “Improving our Future.” Driven by the passion and dedication of our 700 team members and trusted partners, we look forward to leveraging this financial boost to drive greater impact in our communities, empower local economies with clean energy, and contribute to the global fight against climate change. As we move forward, this announcement marks an exciting chapter in our journey to not only broaden our renewable portfolio but also solidify our role as a catalyst for sustainable development. For more insights into our goals and ongoing projects, please visit our home page at www.scatec.com.