News
02 July 2025

Further information on Obelisk solar-plus-storage deal

In:
Power, Renewables
Region:
Middle East & Africa

Additional detail has emerged on the financing of Scatec ASA’s Obelisk solar and BESS project in Egypt, which closed in June.Of Obelisk's $590 million project cost, around 80% – specifically, $479.1 million – has been financed via a non-recourse, concessional financing provided...

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