FilingReader Intelligence
Scatec secures financing for 142MW Brazilian solar plant
August 6, 2025 at 06:12 AM UTC•By FilingReader AI
Scatec ASA secured BRL 150m ($27m) non-recourse financing from Banco de Nordeste do Brasil for its 142MW Rio Urucuia solar plant, covering 30% of the BRL 506m total capital expenditure.
The plant targets commercial operation in H1 2026. Scatec holds 100% ownership but aims to bring in equity partners post-completion.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
OSL:SCATC•Oslo Stock Exchange
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