Scatec hires ex-Equinor executive as new CFO

Facebook
Twitter
LinkedIn
Reddit
Email
Scatec recently expaned its South African portfolio and announced almost US$1 billion in investment into emerging markets. Image: Scatec.

Norwegian independent power producer Scatec has hired Hans Jakob Hegge as its new chief financial officer (CFO). He succeeds Mikkel Tørud, who will take over as Scatec’s executive vice president of green hydrogen and Middle East and North Africa region.

Hegge spent 25 years in senior positions at energy company Equinor, most recently as country manager for the US. In 2021 he became CFO at Moreld, an industrial group established in 2019 by Norwegian private equity investor HitecVision. The Scatec CFO role will be his as of 1 March 2023.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

“Hegge has extensive experience from senior leadership positions from both finance and operations, roles that are well suited for Scatec’s growth journey,” said Scatec CEO Terje Pilskog.

“He will be a solid addition to our management team, supporting our growth ambitions and strategy to develop, own and operate renewable energy and green hydrogen across our focus markets.”

Last week, Scatec signed 273MW worth of power purchase agreements with South African utility Eskom as part of the South African government’s scheme to build out renewable energy infrastructure in the country.

In November, Scatec announced plans to invest US$950 million in expanding its renewables portfolio across selected emerging markets.

“Working in the largest renewables company listed on the Oslo stock exchange is exciting and I am eager to contribute to the growth journey the company has started on,” said Hans Jakob Hegge.

Read Next

May 20, 2025
Octopus Australia has received grid connection approval from AEMO for a 300MW solar-plus-storage site in New South Wales.
May 20, 2025
Australia’s Victoria government has proposed seven REZ for the state, emphasising these will help achieve its target of 2.7GW of utility-scale solar PV generation by 2040.
May 19, 2025
Swedish solar developer OX2 has received development consent from the New South Wales government in Australia for a 90MW solar-plus-storage project.
May 19, 2025
New data released by Australia’s Clean Energy Regulator (CER) has noted that 553MW of capacity was approved in the NEM in April.
May 18, 2025
Developer Elgin Energy has secured grid connection approval from the Australian Energy Market Operator (AEMO) for a 150MW solar-plus-storage site in Victoria.
May 16, 2025
Sungrow has signed a supply agreement with Indian independent power producer (IPP) Juniper Green Energy to provide 835MW of its inverters.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
May 21, 2025
London, UK
Solar Media Events
June 17, 2025
Napa, USA
Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 8, 2025
Asia