Scatec issues NOK 1 bn green bond to boost financial flexibility

Scatec ASA announced the successful placement of a NOK 1,000 million senior unsecured green bond issue on November 5, 2025. The 4.25-year bond carries a coupon of 3 months NIBOR + 2.85% per annum. The net proceeds are earmarked for repayment of outstanding corporate interest-bearing debt and for general corporate purposes, aligning with the company's Green Financing Framework.

This strategic move extends Scatec's corporate maturity profile and enhances its overall financial flexibility. The company reiterated its commitment to corporate deleveraging, targeting gross corporate interest-bearing debt of NOK 4 billion by 2030. Arctic Securities, DNB Carnegie, Nordea, and SB1 Markets acted as joint lead managers for the placement, with an application to be made for listing on Oslo Børs.

Scatec is a prominent renewable energy solutions provider headquartered in Oslo, Norway, with 6.2 GW of renewable energy plants operating or under construction across five continents.