Scatec Lesotho PDF




Committment (MNOK)

Clean Energy


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.

  • Sector: Clean Energy
  • Committment (MNOK): 8.9
  • Year: 2018
  • Region: Africa
  • Country: Lesotho
  • Domicile: Lesotho
  • Instrument: Equity
  • Status: Active

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