Solar PV Contracts

Norway-based Scatec Solar constructed a 75 MW photovoltaic project in South Africa.

The €200 million capital investment needed for the project will come from South Africa’s Standard Bank. Meanwhile, Scatec Solar is the majority owner and will provide equity financing, along with Standard Bank, Old Mutual Life Assurance Company and Simacel.

Associate Director of Voltiq Sabine Christiaens, has advised Standard Bank, as equity investor, on the EPC and O&M contracts and has assisted Standard Bank in bringing the project to financial close.