Scatec sells Upington plant in South Africa for NOK 569 million to finance further growth

Oslo, 2 February 2023: Scatec ASA, a leading renewable energy company in emerging markets, has today signed an agreement with a subsidiary of STANLIB Infrastructure Fund II, managed by STANLIB Asset Management Proprietary Limited (“STANLIB”), to sell its 42% equity share in the 258 MW Upington solar power plant for a gross consideration of ZAR…...

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