Scatec Secures Loan Financing for Egypt Project
Scatec secured loan financing for its Dandara project in Egypt.
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Scatec Secures $217 Million Financing and Starts Egypt Solar Project
Scatec signed $217 million in non-recourse loans and began construction of Dandara Phase 1 in Egypt. The project includes 569 MW of solar capacity and a 100-MWh battery system, with power to be sold to Egypt Aluminium under a 25-year PPA backed by a sovereign guarantee.