Renewable energy solutions provider Scatec has reached financial close for its Obelisk hybrid solar and battery storage ...

Independent power producer (IPP) Scatec has raised US$479 million for its Obelisk hybrid solar and battery storage project in ...

The key deals were signed during the ‘Development Finance to Foster Private Sector-Led Growth & Jobs’ conference, according ...

The project, to be developed by Obelisk Solar Power SAE and led by renewable energy company Scatec ASA, will be located in ...

Egypt’s first integrated solar and battery storage plant will deliver dispatchable clean energy, enhance grid stability and ...

Scatec ASA advances its clean energy mission with a major solar-battery project in Egypt, backed by global financiers. . Scatec's Solar-Battery Project in Egypt Reaches Financial Close . AFDB, battery ...

Egypt Secures $479M for Landmark Solar and Battery Project . Egypt's Solar Power Leap: $479M Investment Fuels Green Energy ...

Scatec has previously signed equity bridge loans (EBL) of USD 120 million for the project, postponing the project equity injections to the end of the construction period. The company is also in ...

The company has just achieved financial close on its 1.1GW Obelisk hybrid solar and battery storage project and has separately signed a 25-year power purchase agreement (PPA) with the Egyptian ...

Madbouly emphasized the government's continued implementation of structural reforms and its efforts to expand private sector ...

Egypt signed a financial closure deal on Sunday with Norwegian renewable energy developer Scatec for a 1 gigawatt solar plant ...

EBRD, AfDB, and British International Investment are providing a total of US$ 479.1 million to Obelisk Solar Power SAE ...