Scatec Sells 52.5% Stake in Mozambique Solar Project

The transaction is subject to the customary consents and is expected to close in the first half of 2024.

July 18, 2023

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Scatec, a renewable energy solutions provider, signed an agreement with Globeleq, an independent power producer, to sell its 52.5% equity share in the 40 MW Mocuba solar power project in Mozambique for $8.5 million (NOK 85 million).

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