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Scatec secures BRL 150M financing for 142 MW Brazil Solar

August 06,2025

Scatec ASA secures BRL 150M financing for 142 MW Solar PV Project in Brazil

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Scatec ASA has achieved financial close for its 142 MW Solar PV Project in Minas Gerais, Brazil, securing BRL 150 million (USD 27 million) in non-recourse financing from Banco de Nordeste do Brasil, covering 30% of the BRL 506 million (USD 91 million) project cost. The plant is expected to begin operations in early 2026.

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