ABG Sundal Collier acted as sole financial adviser and bookrunner in connection with the NOK 326 million sale of shares in Scatec by Scatec Innovation

On Thursday 16 March 2023, Scatec Innovation AS (“Scatec Innovation”) announced the successful sale of 5,350,000 shares in Scatec ASA (“Scatec” or the “Company”) for a total transaction size of NOK 326 million. The sale represents approximately 3.4% of the outstanding shares in Scatec. The transaction was priced at NOK 61.00 per share, corresponding to a 4.95% discount versus the closing price on the Oslo Stock Exchange on 15 March 2023. After the sale, Scatec Innovation holds approximately 14 million shares in Scatec, representing 8.89% of the company. In connection with the sale, Equinor ASA announced the acquisition of 5,000,000 shares in Scatec bringing their ownership in Scatec up to approx. 25.8 million shares, equivalent to 16.22% of the Company.
ABG Sundal Collier acted as sole financial adviser to Scatec Innovation and as bookrunner in the transaction.