Egypt Solar B.V.

Africa

Region

32.8

Investment (MNOK)

Exit

Status

Norfund committed equity capital together with Scatec Solar, KLP and Africa50 towards the development and construction of 6 solar PV projects developed under the Government of Egypt's Feed-in-Tariff program. The plants are now operational. The projects will support the Government of Egypt's goal of generating 20% of energy from renewable sources by 2022.

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Key information

Sector:
Renewable Energy
Investment (MNOK):
32.8
Year:
2015
Region:
Africa
Country:
Egypt
Domicile:
Netherlands
Instrument:
Loans
Status:
Exit
Mandate:
Development