Scatec cuts 2026 power production EBITDA forecast to NOK 3.3 billion–3.6 billion

• Scatec cut its full-year 2026 power production EBITDA forecast by NOK 300 million to NOK 3.3 billion–NOK 3.6 billion.
• Intensified Russian attacks disrupted Ukrainian operations and repairs, while prolonged war weakened the country risk assessment and longer-term power price outlook.
• The Philippines suspended its ancillary services reserves market on October 12, with a redesigned structure requested within six months.
• Delayed Eskom connection work postponed South Africa’s Mogobe battery project; Pakistan’s electricity tariff true-up is likely delayed beyond 2026.
• Weaker operating currencies against NOK also weighed on guidance; further financial updates are due October 30, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Scatec ASA published the original content used to generate this news brief on October 21, 2026, and is solely responsible for the information contained therein.