Norwegian renewable energy firm Scatec ASA signs a 10-year PPA with Statkraft for a 142 MW solar plant in Brazil, increasing its total capacity to 835 MW.

Scatec ASA, a Norwegian renewable energy firm, signed a 10-year PPA with Statkraft for a 142 MW solar plant in Brazil, its third project in the country, increasing its total capacity to 835 MW. The project's $94M capex will be financed with 63% non-recourse financing, with Scatec funding the rest via equity. Construction and financial close are slated for H2 2022, with commercial operations set for 2025 end.

April 24, 2024
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