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Scatec reaches financial close in Botswana and prepares for construction start

Published on: Wednesday 18 December 2024

Scatec reaches financial close in Botswana and prepares for construction start Oslo, 19 December 2024: Scatec ASA, a leading renewable energy provider, has reached financial close for the second 60 megawatt (MW) of the 120 MW Mmadinare Solar Complex in Botswana and is preparing for construction start. In August 2022, Scatec, signed a binding 25-year power purchase agreement (PPA) with Botswana Power Corporation (BPC) for a 60 MW solar PV facility in the Mmadinare District. In the third quarter 2023, Scatec was awarded a 60 MW expansion of the project, taking the total capa


News source: https://finance.yahoo.com/news/scatec-reaches-financial-close-botswana-063400523.html

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