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Scatec ASA secures $108 million for Botswana's 120 MW solar project, set to power 20,000 homes.
Scatec ASA, a renewable energy company, has finalized the financial arrangements for the 120 MW Mmadinare Solar Complex in Botswana, set to cost around $108 million.
The project, backed by financing from the World Bank's IFC and Botswana's First National Bank, will avoid about 48,000 tons of CO2 emissions annually and power around 20,000 households.
Scatec will own, construct, and manage the facility.
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Scatec ASA asegura $108 millones para el proyecto solar de 120 MW de Botswana, destinado a alimentar 20.000 hogares.