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3 stories mentioning SCATC.OL

Every FINWIRES story that references SCATC.OL, newest first.

Equities

TGS to Provide Monitoring System for Scatec's South African Solar Project

TGS (TGS.OL) received an order for its PowerView Plant Scada system for renewable energy company Scatec's (SCATC.OL) solar power project in South Africa.The system will provide real-time monitoring and performance management for the Grootfontein facility, according to a Friday release from the energy sector data and intelligence provider.

$SCATC.OL$TGS.OL
Equities

Equinor Sells 8.1% Scatec Stake for NOK1.6 Billion

Oil and gas giant Equinor (EQNR.OL) sold an 8.07% stake in renewable energy company Scatec (SCATC.OL) for 1.6 billion Norwegian kroner.The transaction comprised 12.9 million Scatec shares priced at 125 kroner apiece, according to two separate releases published on Tuesday.Following the transaction, Equinor now holds 8.05% shareholding in Scatec.

$EQNR.OL$SCATC.OL
Equities

Norwegian Energy Giant Equinor Plans to Halve Scatec Stake

Equinor (EQNR.OL) is considering selling an 8.1% stake in Scatec (SCATC.OL) through an accelerated bookbuild process, according to a Monday release.The Norwegian energy giant will sell the 12.9 million placing shares to eligible institutional and other professional investors, with pricing scheduled for Tuesday and settlement to follow a normal delivery-versus-payment basis.Norwegian solar power producer Scatec will not receive any net proceeds from the transaction. Equinor, meanwhile, will retain a shareholding of 12.9 million shares after the placing completes.

$EQNR.OL$SCATC.OL
SCATC.OL News | FINWIRES