Oslo/Sao Paulo, 6 August 2025: Scatec ASA has reached financial close for its 142 megawatt (MW) solar PV plant currently under construction in Minas Gerais in Brazil. The non-recourse project financing comprises BRL 150 million (USD 27 million), to be provided by Banco de Nordeste do Brasil (“BNB”). The financing amount corresponds to 30% of the total estimated capital expenditure of BRL 506 million (USD 91 million). The solar plant is expected to reach Commercial Operation Date (“COD”) in the first half o ...