- (PLX AI) – Scatec refinances power plants in South Africa and receives net proceeds of USD 36 million.
- • Scatec has refinanced the non-recourse debt facilities for the solar power plants Kalkbult, Dreunberg and Linde in South Africa with the existing lenders
- • Key amended terms include increased debt amounts, reduced margins, increased tenors, and release of cash from debt reserve accounts, implying minor impacts to expected future dividends from the power plants