Norfund | Egypt Oil & Gas

Scatec Signs Agreements for 1.1 GW Obelisk Hybrid Project in Egypt

Norwegian renewable energy company Scatec has signed shareholder agreements with Norfund and renewable energy developer EDF Power Solutions to partner on the Obelisk hybrid project in Egypt. The project includes a 1.1...

Egypt, Norway Explore Supporting Foreign Energy Companies Working in Egypt

President Abdel Fattah El-Sisi met with the CEOs of the Norwegian company Scatec, the Norwegian Investment Fund for Developing Countries (Norfund);  and the Norwegian company Yara. The meeting highlighted Egypt’...

Mozambique to Build Large Solar Plant

Mozambique will start building its first large scale solar plant in early 2017, after the international independent solar power producer, Scatec Solar, in partnership with Norfund, signed a $80m power sale deal with s...

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