Scatec launches new profile

Source: press release, 5 January 2021

illustration: Scatec
illustration: Scatec

Scatec has launched its new logo and profile. The transformation follows the company’s broadened growth strategy and the name change to Scatec from Scatec Solar.

“2020 was a monumental year for Scatec. During the crisis, we made the greatest expansion since our establishment, by broadening our strategy and acquiring SN Power. I am therefore pleased to start the new year by unveiling a profile and logo supporting our ambition to become a global large-scale player in solar, hydro, wind and storage solutions, and an integrator of high-value infrastructure solutions,” says Raymond Carlsen, CEO of Scatec.

In October, Scatec announced the acquisition of major hydro power player SN Power from Norfund. At the same time, the company announced its intention to change name from Scatec Solar to Scatec to reflect a broader renewables company. The new name was adopted by the Extraordinary General Meeting on 16 November 2020.

“Scatec is a strong name, while the new logo represents a broader direction and increased pace, with units combined to symbolise people and technologies working together. The colours represent renewal, and the profile in its entirety is clear, bold and visually striking, with clear connotations to renewable energy,” Carlsen continues.

The new logo and profile will be applied from 5 January 2021, with the accompanying website www.scatec.com. As of 5 January 2021, Scatec ASA also changes its ticker symbol at Oslo Børs from SSO to SCATC.