Virtuo Finance

380MW Scatec Benban Solar Park - MIGA Guaranteed Bond

Borrower(s)
Virtuo Finance
Industry
Renewables/PV solar
Area of finance
Project & Infrastructure Finance
Region
Africa
Africa
Countries
Egypt

Deal Overview

Scatec ASA as main sponsor developed a portfolio of six 50MW solar PV plants in the BenBan complex located in the Aswan province in Egypt. The 6 projects are operational since 2019 and customers of FMO through B-loans under the EBRD umbrella till May 2022 and through a bond issued by Virtuo Finance...

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Deal Volume
$334.5m
Financial Close
13/05/2022
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Project Deals

380MW Benban Solar Park Project (Scatec Solar)
$334.5m
Greenfield
PV solar
Africa
Africa
Egypt