Scatec Sells Mozambique Solar Plant to Globeleq, Boosts Portfolio
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.
Jan 11, 2024 // Plants, Large-Scale, Commercial, Scatec, Africa, Mozambique, PV Power Plant, Globeleq
Scatec Secures Financing for 60 MW Solar in Botswana
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.
Dec 18, 2023 // Plants, Large-Scale, Commercial, Scatec, Africa, Botswana, PV Power Plant
Scatec Satisfied with Largest Solar Plant in Ukraine
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.
Dec 12, 2023 // Plants, Large-Scale, Commercial, Scatec, Ukraine, Europe, PV Power Plant
Kenhardt: 540MW Solar+Battery Illuminating South Africa
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.
Dec 12, 2023 // Storage, Scatec, Africa, South Africa
Scatec, Equinor Part Ways in Argentina
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.
Oct 20, 2023 // Markets & Finance News, Scatec, Equinor, PV Power Plant
Scatec Reaches Financial Close on 273MW South African Solar
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 $241m of project finance debt.
Jun 30, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, Scatec, Africa, South Africa, PV Power Plant
Scatec seals exit from 258-MW solar farm facility in S Africa
Norwegian sustainable power manufacturer Scatec ASA (OSL: SSO) has actually closed the sale of its 42% equity risk in the 258-MW Upington solar farm complex in South Africa, the firm said on Thursday.
Jun 1, 2023 // Plants, Markets & Finance News, Scatec, solar farm, S Africa
Scatec scraps prepare for solar projects in Iraq
Norway-based renewables programmer Scatec ASA (OSL: SSO) has thrown out strategies to build and run two solar energy plants with a combined capacity of 525 MW in southern Iraq.
Apr 18, 2023 // Plants, Scatec, Asia, Iraq, Solar Project
Scatec makes progress with 531-MW solar project in Brazil
Norwegian firm Scatec ASA (OSL: SCATC) introduced on Thursday it has actually made its very first drawdown under a USD-243-million (EUR 225.31 m) non-recourse loan center as construction of the 531-MW Mendubim solar project in Brazil remains in development.
Mar 24, 2023 // Plants, Large-Scale, Commercial, Scatec, South america, Brazil, Solar Project
Equinor enhances stake in Scatec
Latest purchase of five million shares EUR27m takes total shareholding in solar programmer to 16.2%.
Mar 16, 2023 // Markets & Finance News, Scatec, Equinor
Norwegian Scatec Refinances Bridge Facility with 1B NOK in Green Bonds
Norwegian renewables developer and operator Scatec ASA has placed NOK 1 billion worth of new senior unsecured green bonds to refinance a bridge facility. The move will help to strengthen the company's balance sheet and long-term cash flows.
Feb 13, 2023 // Markets & Finance News, Scatec
Scatec achieves significant sales boost in 2022 with somewhat reduced EBITDA
Norwegian renewable resource power producer Scatec ASA reported proportionate revenues of NOK 1.995 billion ($ 195 million) in the fourth quarter of 2022, up nearly 71 percent from NOK 1.169 billion ($ 114 million) in the fourth quarter of 2021. For the complete year 2022, sales raised to NOK 5.957 billion ($ 583 million), up nearly 38 percent from NOK 4.329 billion ($ 423 million) a year previously.
Feb 6, 2023 // Markets & Finance News, Scatec, EBITDA
Scatec, Norfund offload passion in 258-MW solar park in S Africa
Norway's Scatec ASA (OSL: SSO) and Norfund are marketing a combined 50% stake in the 258-MW Upington solar park in South Africa to a fund managed by STANLIB Asset Management Pty Ltd
Feb 2, 2023 // Plants, Large-Scale, Commercial, Scatec, Solar Park, norfund, S Africa
Equinor pushes building and construction button on 531MW Brazil project
Mendubim solar site in Rio Grande do Norte is being developed with Scatec as well as Hydro Rein
Dec 8, 2022 // Plants, Large-Scale, Commercial, Scatec, South america, Brazil, Equinor, Hydro Rein
Scatec establishes 1.5-GW annual capacity goal, to sharpen concentrate on H2
Norwegian renewable power producer Scatec ASA (OSL: SCATC) will certainly aim to invest NOK 10 billion (USD 924.1 m/EUR 956.5 m) of equity in order to add around 1.5 GW of fresh capacity annually in the direction of 2027 under its upgraded method, bringing into focus emerging markets as well as green hydrogen.
Sep 29, 2022 // Markets & Finance News, Solar to Fuel, Scatec, green hydrogen