Scatec Raises ZAR 979 Million With Solar Project Stake Sale
Norway’s Scatec Divests 42% Stake In 258 MW Operational South African Solar Power Plant To STANLIB Infrastructure Fund, To Finance Future Growth
Thursday, 02 Feb 2023
One of the largest asset managers of South Africa and part of the Standard Bank Group Limited, STANLIB Infrastructure Fund II has acquired a 42% stake in 258 MW Upington Solar Power Plant in South Africa from Norway’s Scatec for ZAR 979 million ($5.
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