News
03 July 2023

Financial close for Scatec’s Grootfontein projects

In:
Renewables
Region:
Middle East & Africa

Scatec has reached financial close for its three Grootfontein solar projects in South Africa, won as part of the REIPPPP fifth round in 2021.The projects are located in the Western Cape province and have a combined capacity of 273MW. The power plants have an estimated total project cost of ZAR 5.1...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
11 May 2026

Creative offtakes to drive Europe's BESS boom

A combination of cheaper input costs, a benevolent policy environment and plentiful equity is driving a surge in battery storage financings in Europe. But sponsors have had to...

Perspective
15 May 2026

Jabiru-1: Sky high disputes for satellite project finance

The financial fallout from NewSat's failed Jabiru-1 satellite project financing could be stratospheric. Investors are claiming $1 billion or more in damages from banks in an...