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
Botswana Power Corporation Awards Scatec ASA First Huge Scale Solar Agreement
Scatec will certainly create the solar energy center with an acquired capacity of 50 MW at Selebi Phikwe. The solar power plant will make sure that roughly 48,000 lots of CO2 emissions will be avoided and power roughly 20,000 homes annually.
Sep 2, 2022 // Markets & Finance News, Scatec, power purchase agreement, African Development Bank, Jan Fourie, Botswana Power Corporation, Botswana solar project, Botswana Vision 2036, BPC
Scatec wins 50-MW solar project in Botswana
Norwegian green power manufacturer Scatec ASA (OSL: SCATC) has actually landed a project to construct a 50-MW solar farm in Botswana which should reach commercial operation by the end of June 2024.
Sep 1, 2022 // Plants, Large-Scale, Commercial, Scatec, Africa, Botswana, Solar Project
Scatec protects guarantees for 540-MW solar-storage project in S Africa
Scatec ASA (OSL: SCATC) has actually secured NOK 1.2 billion (USD 122.1 m/EUR 122.1 m) in guarantees from Norway's state-backed export credit agency Eksfin on behalf of its project for 540 MW of solar power and 225 MW of battery storage space in South Africa, Eksfin announced on Tuesday.
Aug 31, 2022 // Plants, Large-Scale, Commercial, Storage, Scatec, Africa, South Africa, solar-storage project
Scatec ramps up PV project development after earnings dip
Independent power producer (IPP) Scatec has actually increase project development activity after witnessing its profits fall by almost 14% year-on-year.
Jul 28, 2022 // Markets & Finance News, Scatec, IPP, South america, financial results, Brazil, Asia, Africa, South Africa, Pakistan, green hydrogen, Independent Power Producer
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