Financial close for Scatec’s solar project in Botswana

In:

Renewables

Region:

Middle East & Africa

Scatec has reached financial close for the second 60MW of the 120MW Mmadinare Solar Complex in Botswana and is preparing for construction start.The company signed a binding 25-year PPA with Botswana Power Corporation (BPC) for the 60MW expansion in 2022. The estimated total capital expenditure for...

Exclusive subscriber content…

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

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

SAFCO's solution to the SAF green premium

Perspective

24 January 2025

SAFCO's solution to the SAF green premium

SAF projects are complex to finance, with short offtake contracts and high prices often deterring project finance lenders. SAFCO Ventures has lowered costs to secure a...

A tight financing window for Indonesia’s 2040 coal deadline

Perspective

31 January 2025

A tight financing window for Indonesia’s 2040 coal deadline

Indonesia will need to seriously pick up the pace of both renewables and coal retirement financing to meet a 2040 coal phase-out ambition. A lacklustre and elections-scarred...

Must See

Video

16 January 2025

Proximocast: New Year Trends 2025

Proximo talks to a panel of industry experts about the top project finance trends from 2024 and what those trends might mean for the market in 2025. Speakers include Ian Cogswell, a senior adviser at Portland Advisers; Jonathan Yellen, an investment director at Climate Investment; and Michael Whalen, a managing director and energy and infrastructure finance adviser at Berkeley Research Group.

Perspective

24 January 2025

SAFCO's solution to the SAF green premium

SAF projects are complex to finance, with short offtake contracts and high prices often deterring project finance lenders. SAFCO Ventures has lowered costs to secure a longer-term offtake for its SAF project in Pakistan, allowing the company to close the first SAF project financing in the Middle East, Central Asia, and Asia-Pacific regions.

Perspective

31 January 2025

A tight financing window for Indonesia’s 2040 coal deadline

Indonesia will need to seriously pick up the pace of both renewables and coal retirement financing to meet a 2040 coal phase-out ambition. A lacklustre and elections-scarred 2024 makes that job much harder.