Brief: Scatec Reaches Financial Close For Energy Storage Project In South Africa

Scatec ASA

18/10/2024 16:28

Oct 18 (Reuters) - Scatec ASA  SCATC.OL :
    * REACHES FINANCIAL CLOSE AND PREPARES FOR CONSTRUCTION
START FOR
BATTERY ENERGY STORAGE PROJECT IN SOUTH AFRICA
    * ESTIMATED TOTAL CAPEX FOR BATTERY ENERGY STORAGE PROJECT
IS ZAR
3.0 BILLION OF WHICH SCATEC'S EPC CONTRACTS ACCOUNT FOR ABOUT
83%
    * WILL OWN 51% OF EQUITY IN PROJECT WITH PERPETUA MOGOBE
(RF)

Source text for Eikon:  ID:nGNE6npgL0 
Further company coverage:  SCATC.OL 

 (Reporting by Gdansk newsroom)
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