Scatec announces renewable energy funding agreement with CFM
Published on: Wednesday 19 July 2023
Norwegian renewable energy company Scatec has signed an agreement to raise $102-million in funding from Netherlands-based investment manager Climate Fund Managers (CFM) to accelerate its growth ambitions.
Notably, the deal will be done through Release by Scatec, which is a flexible leasing agreement of preassembled solar photovoltaic (PV) and battery equipment that Scatec established in 2019 for the mining and utilities market.
News source: https://www.engineeringnews.co.za/article/scatec-announces-renewable-energy-funding-agreement-with-cfm-2023-07-19
