Scatec ASA Kenhardt hybrid solar and battery facility #46336

Scatec ASA Kenhardt hybrid solar and battery facility

Scatec ASA holds 51% of the equity.H1 Holdings, a local Black Economic Empowerment (BEE) partner, owns 46.5%. A Community Trust holds the remaining 2.5%.The project was funded with approximately $1 billion (R18.65 billion) from lenders, including The Standard Bank Group and British International Investment (BII).