OB:SCATCRenewable Energy
Scatec’s EUR 168m Romanian Wind Bet Might Change The Case For Investing In Scatec (OB:SCATC)
Scatec ASA has acquired the 77 MW Urleasca onshore wind project in Romania from OX2, a EUR 168 million investment supported partly by a Contract-for-Difference at EUR 71.3/MWh and the remainder exposed to the Romanian wholesale power market.
This move extends Scatec’s Romanian presence from solar into wind, creating a multi-technology portfolio where OX2 will build and transfer the asset while Scatec retains long-term asset management and operations roles.
We’ll now examine how Scatec’s...