Scatec Solar taps into investor demand for green energy

Aidan Gregory

May 19, 2020 04:00 pm

Scatec_Solar_PA_575_575 — STAVROPOL TERRITORY, RUSSIA - MARCH 25, 2020: Solar panels at the Staromaryevskaya solar power plant in the village of Staromaryevskaya, Grachyovka District. The first line of the plant, one of the largest in Russia, was launched in June 2019. The station has generated over 26 mln kWh since its launch. Alexander Pogozhev/TASS | Alexander Pogozhev/Tass/PA Images

Scatec Solar, one of the few pure play renewable energy companies listed in Europe, has sold Nkr1.96bn ($192m) of new stock to finance investments in green power plants.

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Aidan Gregory