Scatec ASA Kenhardt hybrid solar and battery facility #46336

Created at
2024-10-24
Last update
2024-10-24

6 Parents (Involvements as child)

ID
44714
Name
Scatec ASA
Country of registration/origin
Norway
Classification
Stock-exchange listed company
Relationship
Parent company
Parent relation
Joint venture of parent companies
Investment type
Shares/Equity
Ownership share
51.00 %
Comment
It holds 51% of the project and is the primary developer, responsible for its operation and maintenance.
ID
41021
Name
Norfund
Country of registration/origin
Norway
Relationship
Tertiary investor/lender
Parent relation
Joint venture of parent companies
Investment type
Debt financing
Loan amount
400 000 000
kr
Comment
Additional investments were made by Norfund, managing the Climate Investment Fund, and British International Investment through H1 Capital. The total investment by Norfund is 400 million NOK.
ID
45869
Name
H1 Holdings
Country of registration/origin
South Africa
Classification
Investment fund
Relationship
Parent company
Parent relation
Joint venture of parent companies
Investment type
Shares/Equity, Debt financing
Ownership share
46.50 %
Comment
H1 Holdings is a Black Economic Empowerment (BEE) partner in South Africa, owns 46.5%.
ID
46338
Name
Kenhardt Community Trust
Country of registration/origin
South Africa
Relationship
Parent company
Parent relation
Joint venture of parent companies
Investment type
Shares/Equity
Ownership share
2.50 %
ID
44575
Name
Standard bank
Country of registration/origin
South Africa
Classification
Commercial Bank
Relationship
Tertiary investor/lender
Parent relation
Joint venture of parent companies
Investment type
Debt financing
ID
46339
Name
British International Investment (BII)
Country of registration/origin
United Kingdom of Great Britain and Northern Ireland
Relationship
Tertiary investor/lender
Investment type
Debt financing

0 Children (Involvements as parent)

1 Deals (Involvements as Operating company)

ID
10859
Target country
South Africa
Current intention of investment
Solar park
Current negotiation status
Concluded (Contract signed)
Current implementation status
In operation (production)
Deal size
879 ha