Search company, investor...

Predict your next investment

Corporation
scatec.no

Investments

10

Portfolio Exits

2

Partners & Customers

2

About Scatec Adventure AS

Scatec Solar is a global turn-key supplier of solar PV solutions, with headquarters in Oslo, Norway. It was established in 2007 by Dr. Alf Bjorseth, the founder of, among several other renewable energy initiatives, Renewable Energy Corporation, one of the world's largest integrated solar energy enterprises. In addition to having developed more than 25 MW of grid-connected solar parks in Europe, Scatec Solar is engaging in rural electrification in emerging markets, emphasized by the inauguration in January of Community Solar Power Plants (CSPPs) in two villages of Uttar Pradesh, India, providing renewable electricity to a total of 150 households as well as to local micro-industry. Scatec Solar has also recently started its North American operations.

Headquarters Location

Norway

Want to inform investors similar to Scatec Adventure AS about your company?

Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights’ platform.

Scatec Adventure AS Investments

10 Investments

Scatec Adventure AS has made 10 investments. Their latest investment was in NorSun as part of their Unattributed VC on August 8, 2023.

CBI Logo

Scatec Adventure AS Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

8/16/2023

Unattributed VC

NorSun

$8.52M

No

3

6/14/2019

Unattributed - II

NorSun

$26.83M

No

2

6/30/2011

Series B

Sol Voltaics

$6.3M

Yes

3/14/2011

Series E

Subscribe to see more

$99M

Subscribe to see more

10

3/12/2009

Unattributed

Subscribe to see more

$99M

Subscribe to see more

0

Date

8/16/2023

6/14/2019

6/30/2011

3/14/2011

3/12/2009

Round

Unattributed VC

Unattributed - II

Series B

Series E

Unattributed

Company

NorSun

NorSun

Sol Voltaics

Subscribe to see more

Subscribe to see more

Amount

$8.52M

$26.83M

$6.3M

$99M

$99M

New?

No

No

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

3

2

10

0

Scatec Adventure AS Portfolio Exits

2 Portfolio Exits

Scatec Adventure AS has 2 portfolio exits. Their latest portfolio exit was Confluence Solar on August 24, 2011.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

8/24/2011

Acquired

$99M

7/26/2011

Acquired

Subscribe to see more

$99M

Subscribe to see more

0

Date

8/24/2011

7/26/2011

Exit

Acquired

Acquired

Companies

Subscribe to see more

Valuation

$99M

$99M

Acquirer

Subscribe to see more

Sources

0

Scatec Adventure AS Partners & Customers

2 Partners and customers

Scatec Adventure AS has 2 strategic partners and customers. Scatec Adventure AS recently partnered with Fertiglobe on October 10, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

10/14/2021

Partner

United Arab Emirates

Scatec partners with Fertiglobe and the Sovereign Fund of Egypt to develop green hydrogen as feedstock for ammonia production in Egypt

Established in 2019 and headquartered in Abu Dhabi , Fertiglobe is a 58/42 partnership between OCI N.V. and the Abu Dhabi National Oil Company .

2

3/7/2008

Client

Norway

Subscribe to see more

Subscribe to see more

10

Date

10/14/2021

3/7/2008

Type

Partner

Client

Business Partner

Country

United Arab Emirates

Norway

News Snippet

Scatec partners with Fertiglobe and the Sovereign Fund of Egypt to develop green hydrogen as feedstock for ammonia production in Egypt

Established in 2019 and headquartered in Abu Dhabi , Fertiglobe is a 58/42 partnership between OCI N.V. and the Abu Dhabi National Oil Company .

Subscribe to see more

Subscribe to see more

Sources

2

10

Scatec Adventure AS Team

2 Team Members

Scatec Adventure AS has 2 team members, including , .

Name

Work History

Title

Status

Alf Bjorseth

Founder

Current

Subscribe to see more

Subscribe to see more

Subscribe to see more

Name

Alf Bjorseth

Subscribe to see more

Work History

Title

Founder

Subscribe to see more

Status

Current

Subscribe to see more

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Join a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.