First piece of Mendubim solar loan drawn

Sponsors of the $430 million 531MWp Mendubim solar project – Scatec, Equinor New Energy and Hydro REIN – have made the first drawdown under a $243 million non-recourse facility provided by IDB Invest, Banco Santander, and BNP Paribas.The loan agreement was signed in November 2022 and...