This summary covers equity investments by Scatec Solar ASA in six Solar Photovoltaic (PV) power plants in the Northern and Eastern Cape Provinces of South Africa. The project consists of the construction, ownership, and operation and maintenance of six Solar PV energy generating facilities in South Africa, as part of the government's Renewable Energy Independent Power Procurement Program (REIPPP). Three of the facilities, Kalkbult (75 MW), Dreunberg (75 MW) and Linde (40 MW) have been in operation since 2013 and 2014; while the Sirius (75 MW), Dyason's Klip 1 (75 MW) and Dyason's Klip 2 (75 MW) solar power projects reached their financial close in April 2018. Construction is expected to commence in the fourth quarter of 2018.
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*Contact information not provided at the time of disclosure*
ACCOUNTABILITY MECHANISM OF MIGA
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