Scatec signs USD 150 million equity bridge loan deals with Arab Energy Fund

Bitget2026/10/01 12:56

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Scatec signed equity bridge loan agreements totaling USD 150 million with The Arab Energy Fund for Egypt renewables projects.
The 3-year facility includes USD 50 million for the 900 MW Shadwan onshore wind project.
It also provides USD 100 million for the 1,950 MW solar, 3,935 MWh BESS Energy Valley project.
Funding supports construction start at Shadwan while Scatec targets a 29% equity stake under a joint development agreement with EDF.

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 01, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Scatec signs USD 150 million equity bridge loan deals with Arab Energy Fund

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