Scatec Solar taps into investor demand for green energy

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By Aidan Gregory
19 May 2020

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.

Renewable energy has been one of the few bright spots during the pandemic, which sparked an equity market crash. Shares in Scatec, its close French peer Neoen and Spain’s Solarpack have rebounded strongly from the bottom of the selloff and are now either up-year-to-date or trading at their ...

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