Scatec

Scatec reaches financial close for 130‑MW Barzalosa solar in Colombia, securing a 15‑year PPA (85% contracted) with BTG Pactual’s unit while balancing merchant upside and scaling LatAm.

Scatec JV locks in offtakers for a 255‑MW South African solar plant, de‑risking finance and enabling battery‑ready growth—cutting load‑shedding costs while boosting jobs, local spend, and grid resilience.

Scatec inks 25-year USD PPA for Africa’s biggest solar+storage in Egypt—1.95 GW solar, 3.9 GWh batteries—round-the-clock, grid-forming power with non-recourse financing and H2 close.

Scatec powers up 273‑MW Grootfontein in Western Cape, easing load‑shedding and proving big solar’s momentum—bolstering REIPPPP goals, priming solar‑plus‑storage growth, and signaling fresh utility‑scale investment.

Scatec enlists Norfund and EDF for Egypt’s Obelisk hybrid: 1.1‑GW solar with 100‑MW/200‑MWh storage, accelerating build, easing grid constraints, and signaling investor confidence in North African renewables.

Scatec inks a 15-year power purchase agreement for a 130-MW PV plant in Colombia, targeting financing and build in 2025.

Scatec ASA secures BRL 150 million for its 142-MW solar plant in Brazil, powering 145,000 homes and cutting CO₂ by 150,000 tonnes annually. Completion set for Q2 2026.

EBRD backs Scatec's groundbreaking 1-GW solar-storage project in Egypt with USD 30 million, paving the way for a greener future and significant carbon reduction.

Scatec ASA sells majority stake in Mocuba solar power plant to Globeleq, generating a net gain of $4m. The plant has a 25-year power purchase agreement and produces 75 GWh annually.

Scatec ASA hits financial close on groundbreaking 60-MW Botswana solar park, providing power to 20,000 homes and paving the way for a greener future.

Scatec's largest Ukrainian solar plant is now on the free market - with no loan & lower feed-in tariffs. Alina Sviderska, Country Manager, is delighted with the results. To counter low payments from the Guaranteed Buyer, renewable energy companies are selling electricity at market prices.

Scatec switches on 540-MW solar & battery project in South Africa -- a groundbreaking milestone in energy production, providing 150 MW of dispatchable power each day.

Central Puerto SA has purchased the 50/50 stake in the 117-MW Guanizuil IIA solar farm in Argentina from Scatec and Equinor. With the exit of Scatec, the solar farm, connected in 2021, is now owned by the Argentine power producer. Explore the power of solar as Equinor and Scatec expand their renewable energy portfolios.

Scatec Solar has closed financing on 3 Grootfontein solar projects in South Africa with a combined capacity of 273MW. Construction to begin Q1 of 2024 and estimated to power 100,000 households. Financed by equity and $241m of project finance debt.

Norwegian sustainable power manufacturer Scatec ASA (OSL: SSO) has actually closed the sale of its 42% equity risk in the 258-MW Upington solar farm complex in South Africa, the firm said on Thursday.