• Scatec signed USD 217 million in non-recourse project financing on October 28, 2026, for Egypt's Dandara solar and battery project.
• Lenders comprise the European Bank for Reconstruction and Development, African Development Bank and European Investment Bank.
• The financing covers approximately 80% of the first phase's estimated USD 271 million capital expenditure.
• National Bank of Egypt will take a 20% project stake, leaving Scatec with 56% following the bank and EBRD transactions.
• Construction is starting on the first phase, comprising a 569 MW solar plant and a 100-MWh battery energy storage system.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Scatec ASA published the original content used to generate this news brief on October 28, 2026, and is solely responsible for the information contained therein.