Scatec Lesotho PDF
Africa
Region
22.0
Commitment (MNOK)
Active
Status
Norfund has provided project development funding towards the development of the Neo 1 Solar Project, a 25 MWp greenfield solar plant to be built in Mafeteng province in Western Lesotho.
Key information
- Sector:
- Renewable Energy
- Commitment (MNOK):
- 22.0
- Year:
- 2018
- Region:
- Africa
- Country:
- Lesotho
- Domicile:
- Lesotho
- Instrument:
- Equity
- Status:
- Active
- Mandate:
- Development
Additionality for Scatec Lesotho PDF
This investment is particularly additional on the following ambitions:
- Investing in the poorest countries
- Investing in the most capital constrained markets
- Investing in the riskiest markets
- Investing in the most difficult business environments
- Investing in high risk instruments
- Contributing to starting new business activity
- Mobilising private investors
- Taking an active role in investments
- Improving social and environmental standards
- Supporting enterprise improvements