Accelerated organic growth yet to be seen despite strong market tailwinds. A downward profitability trend is pushing investment decisions to be taken on more risky assumptions. We find Scatec to be fairly priced currently, based on a NAV of NOK ~140/sh including 4GW of pipeline being materialised by YE’25.

23 Mar 2022
Arctic: Scatec - IoC – Future profitability heart of the matter

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Arctic: Scatec - IoC – Future profitability heart of the matter
- Published:
23 Mar 2022 -
Author:
Ivar Ryttervold | Adrian Bergem -
Pages:
49 -
Accelerated organic growth yet to be seen despite strong market tailwinds. A downward profitability trend is pushing investment decisions to be taken on more risky assumptions. We find Scatec to be fairly priced currently, based on a NAV of NOK ~140/sh including 4GW of pipeline being materialised by YE’25.