Financials

Key figures 2020

2844

Revenues
(MNOK)

1306

EBITDA
(MNOK)

1574

MW solar
plants in operation

10.5

GW in project pipeline &
backlog

Highlights 2020

Proportionate revenues of NOK 2,844 million (6,341) and EBITDA of NOK 1,306 million (1,571)
Proportionate Power production of 1,602 GWh, up 73 % from 2019
Entered into an agreement to acquire leading hydropower player SN Power
New solar plants in commercial operation in Malaysia, Ukraine and South Africa
Additional 320 MW in Argentina and Ukraine under completion
High project development activity in large growth markets – project backlog and pipeline increased to 10.5 GW
Raised equity of NOK 6,718 million to fund the acquisition of SN Power and further growth

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NOK million	FY 2020	FY 2019	FY 2018
Revenues and other income	2,844	6,341	4,725
EBITDA	1,306	1,571	961
Operating profit (EBIT)	690	1,111	773
Profit/(loss)	-435	530	398
Net interest- bearing debt	1,851	7,312	4,214
Power production (GWh)	1,602	926	318
Scatec proportionate share of cash flow to equity	324	794	481