Foreign Market Disruptions Drive Scatec’s Q1 2026 Revenue Down 31% YoY

The company reported a loss of $20.7 million during the quarter

May 7, 2026

/ Rakesh Ranjan
/ Finance and M&A, Renewable Energy
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Norway-based renewable energy solutions provider Scatec reported revenue of NOK1.64 billion (~$177 million) in the first quarter (Q1) of 2026, down 31.3% year-over-year (YoY) from NOK2.39 billion (~$258 million).

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Rakesh Ranjan

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2026EBITDAfinancePower productionQ1renewablesResultsScatec
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