Scatec | Egypt Oil & Gas
Egypt Signs $650Mn Financing Terms for One GW Solar Project
Egyptian Prime Minister Mostafa Madbouly witnessed the signing of preliminary financing terms for a $650Mn solar power project in Nag Hammadi, Qena Governorate, Upper Egypt, with a planned capacity of one gigawatt (GW...
EBRD, Scatec Team Up on $221 Mn Egypt Clean Energy Platform
Norwegian renewable energy company Scatec ASA and the European Bank for Reconstruction and Development (EBRD) have partnered to establish a renewable energy investment platform in Egypt to support the development and ...
Scatec Starts Full Operations at Egypt’s 1.1‑GW Obelisk Solar Project
Scatec, a leading Norwegian renewable energy solutions provider, has reached the Commercial Operations Date (COD) for the second and final phase of its 1.1-gigawatt (GW) Obelisk solar and battery storage project in Na...
Egypt, Scatec Discuss $5 Bn Expansion in Renewables, Data Centers
Mohamed Farid, Minister of Investment and Foreign Trade, has met with senior executives of Norwegian renewable energy company Scatec to discuss the company’s ongoing projects in Egypt, Discussions also covered o...
Norway’s Scatec to Invest $5 Bn in Egypt Over Next Two Years
Norwegian renewable energy company Scatec plans to invest up to $5 billion in Egypt over the next two years across several fields, including renewable energy-powered desalination, green data centers, solar and wind pr... Esmat Reviews Scatec’s 3.1 GW Renewable Energy Portfolio in Egypt
Mahmoud Esmat, Minister of Electricity and Renewable Energy, met with a delegation from Norway’s Scatec to review the operation of the first phase of the 561 megawatt (MW) Obelisk Solar Power Plant and the 100 /200 me...
El-Sisi Talks Renewable Investments with Scatec, Envision Energy
President Abdel Fattah El-Sisi held a meeting with Terje Pilskog, Norway’s Scatec CEO, and Lei Zhang, the Chairman of the Chinese Envision Energy, to discuss expanding renewable energy investments and green hydr...
Obelisk in Egypt, Mogobe BESS Fuel Scatec’s Q4 Revenue Surge
Scatec, a renewable energy company from Norway, said its revenues grew by 25% in the fourth quarter (Q4) of 2025. The figure reflects Scatec’s share of income from the power projects it partly owns. Total revenues for...
