Volume history
Volume distribution last 12 months
Capital allocation
On 1 November 2023, Scatec’s Board of Directors approved to change the dividend policy to no dividend. The dividend policy will be assessed annually by the board based on Scatec’s capital situation. The latest dividend was approved by the Annual General Meeting held on 18 April 2023 approved the proposed dividend of NOK 1.94 per share, the dividend was paid on 11 May 2023. Scatec currently prioritises growth and debt repayment:
Profitable growth:
Scatec prioritises value-accretive growth through disciplined investments in renewable power, storage, and energy solutions in attractive markets.
Debt repayment:
Reducing corporate debt is a key priority, strengthening the balance sheet, increasing financial flexibility, and supporting long-term resilience.
Dividends:
As leverage is reduced, Scatec aims to return excess capital to shareholders through dividends and share repurchases, supporting predictable and attractive shareholder returns.