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Scatec hires ex-Equinor executive as new CFO

December 14, 2022
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Scatec hires ex-Equinor executive as new CFO
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Scatec just lately expaned its South African portfolio and introduced virtually US$1 billion in funding into rising markets. Picture: Scatec.

Norwegian impartial energy producer Scatec has employed Hans Jakob Hegge as its new chief monetary officer (CFO). He succeeds Mikkel Tørud, who will take over as Scatec’s government vice chairman of inexperienced hydrogen and Center East and North Africa area.

Hegge spent 25 years in senior positions at vitality firm Equinor, most just lately as nation supervisor for the US. In 2021 he grew to become CFO at Moreld, an industrial group established in 2019 by Norwegian personal fairness investor HitecVision. The Scatec CFO function will probably be his as of 1 March 2023.

“Hegge has intensive expertise from senior management positions from each finance and operations, roles which can be nicely suited to Scatec’s progress journey,” mentioned Scatec CEO Terje Pilskog.

“He will probably be a stable addition to our administration group, supporting our progress ambitions and technique to develop, personal and function renewable vitality and inexperienced hydrogen throughout our focus markets.”

Final week, Scatec signed 273MW value of energy buy agreements with South African utility Eskom as a part of the South African authorities’s scheme to construct out renewable vitality infrastructure within the nation.

In November, Scatec introduced plans to speculate US$950 million in increasing its renewables portfolio throughout chosen rising markets.

“Working within the largest renewables firm listed on the Oslo inventory trade is thrilling and I’m wanting to contribute to the expansion journey the corporate has began on,” mentioned Hans Jakob Hegge.

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