Scatec Solar (Seite 17)

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Antwort auf Beitrag Nr.: 57.862.554 von R-BgO am 30.05.18 07:43:47

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Published: 07:00 CEST 30-05-2018 /GlobeNewswire /Source: Scatec Solar ASA / : SSO /ISIN: NO0010715139

Scatec Solar Capital Markets Update: Accelerating growth - targeting 3.5 GW by end 2021

Oslo, 30 May 2018:

Scatec Solar ASA is today hosting a Capital Markets Update, where management presents its accelerated growth ambitions towards 2021.

The highlights are:

-Setting a new growth target of 2 GW, bringing total capacity above 3.5 GW by end 2021

-20-25 years annual cash flow from 3.5 GW of operating power plants is expected to reach NOK 750-850 million (15% post tax equity IRR)

-Development & Construction net contribution of NOK 2.0-2.5 billion (12-15% gross margin)


"This year, we deliver on our 1.5 GW growth target, and we now move forward with a target of more than doubling installed capacity by end 2021. Execution of the existing portfolio together with new growth - primarily through new large-scale PV opportunities - are the main building blocks of our growth plans", says Raymond Carlsen, CEO of Scatec Solar ASA.

He continues: "In addition, there are attractive opportunities for Scatec Solar within the market for corporate PPAs and hybrid solutions, as market develops and we are broadening our commercial and technological scope. As our business is rapidly expanding we also see opportunities to further enhance value of our asset portfolio through debt refinancing and asset rotation".

The Capital Markets Update event will be held at CET 09:30 - 12:30 at Oslo Konserthus, Munkedamsveien 14, Oslo. The program includes presentations by the executive management in Scatec Solar.

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Antwort auf Beitrag Nr.: 57.475.985 von R-BgO am 06.04.18 00:43:03

Published: 08:30 CEST 10-04-2018 /GlobeNewswire /Source: Scatec Solar ASA / : SSO /ISIN: NO0010715139

Scatec Solar reaches financial close for 258 MW in South Africa

Oslo, April 10, 2018:

Reference is made to stock exchange notice on April 5, 2018 where Scatec Solar signed power purchase agreements for 258 MW in Upington, South Africa.

Scatec Solar ASA (SSO) and partners have reached financial close for these projects involving a total investment of ZAR 4.76 billion. A consortium of commercial banks and DFIs with Standard Bank in the lead are providing non-recourse project finance of ZAR 3.68 billion, accounting for 77% of the total project cost.

Construction start is expected in the third quarter 2018 with grid connection towards the end of 2019. The plants are, on an annual basis, expected to produce 650 GWh of electricity and avoid about 550,000 tons of CO2 emissions. Revenues in the first year of operations are expected to reach ZAR 720 million. All contract terms are based on the original award in April 2015.

Scatec Solar will be the EPC provider for the projects and provide Operation & Maintenance as well as Asset Management services to the power plants.



=> 720/4.760 = 15,1% ist m.E. ziemlich gut;

wenn man mal holzschnittartig annimmt, dass der Kapitaldienst 10% (z.B. 5% Tilgung und 5% Zins) und die OpEx z.B. 3% beträgt, dann fließen 15,1%-3%-0,1*77% = 4,4% des Umsatzes p.a. zurück. Das wären dann 4,4/23 = 19% aufs EK

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Published: 08:00 CEST 05-04-2018 /GlobeNewswire /Source: Scatec Solar ASA / : SSO /ISIN: NO0010715139

Scatec Solar signs Power Purchase Agreements for 258 MW in South Africa

Oslo, April 5, 2018:

Scatec Solar ASA (SSO) and partners last night signed all project documents and are shortly expected to achieve financial close for three solar PV plants in South Africa totaling 258 MW.

"South Africa continues to be an important market for Scatec Solar and we are very pleased to see that the renewables programme now is finally moving forward. We believe solar energy will continue to play an important role in the energy mix and provide strong support for economic growth in the country in the years to come", says Raymond Carlsen, CEO of Scatec Solar.

In April 2015, Scatec Solar was awarded preferred bidder status for the three projects in Upington in the fourth bidding round under the REIPPP (Renewable Energy Independent Power Producer Procurement) Programme in South Africa. Scatec Solar will build, own and operate the solar power plants with a 42% shareholding. KLP Norfund Investments will hold 18%, the surrounding Community of Upington 5% and a South African Black investor will hold the remaining 35% of the equity.

The three projects involve a total investment of ZAR 4.76 billion. A consortium of commercial banks and DFIs with Standard Bank in the lead are providing non-recourse project finance of ZAR 3.68 billion, accounting for 77% of the total project cost.

Construction start is expected in the third quarter of 2018 with grid connection towards the end of 2019. The plants are, on an annual basis, expected to produce 650 GWh of electricity and avoid about 550,000 tons of CO2 emissions. Revenues in the first year of operations are expected to reach ZAR 720 million. All contract terms are based on the original award in April 2015.

Scatec Solar will be the Engineering, Procurement and Construction (EPC) provider for the projects and provide Operation & Maintenance as well as Asset Management services to the power plants.

The 258 MW adds to Scatec Solar's large portfolio of projects that have reached financial close over the last six months now totaling 1,092 MW in South Africa, Egypt, Brazil, Malaysia, Honduras and Mozambique.

When the new power plants are in operation Scatec Solar will hold a diversified asset portfolio with a capacity of 1.4 GW. This portfolio is expected to generate 2,900 GWh of electricity per year with annual revenues of about NOK 2.7 billion - all supported by long term Power Purchase Agreements of 20-25 years. Scatec Solar's economic interest in the asset portfolio is 50%.

"With financial close reached for 1.1 GW of solar projects we have entered into construction contracts with a value of about NOK 8.5 billion that will be realized over the next 1-2 years. We are well prepared for this construction activity and we are now taking a big step forward as a leading emerging market focused solar power producer. On the back of our success, we continue to grow our project pipeline and we are pursuing a large number of attractive opportunities both in existing and new markets", says CEO Raymond Carlsen.

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Published: 08:15 CET 06-03-2018 /GlobeNewswire /Source: Scatec Solar ASA / : SSO /ISIN: NO0010715139

Scatec Solar closes financing for Mozambique's first large scale solar plant

March 6, 2018:

Scatec Solar, KLP Norfund Investments and Electricidade de Mozambique (EDM) have closed debt financing and initiated construction of a 40 MW solar plant in Mozambique. The project debt financing is provided by IFC, the International Finance Corporation, a member of the World Bank Group, and the Emerging Africa Infrastructure Fund.

This is the first large scale solar plant to be built in the country and represents an important step in realizing Mozambique's ambition to increase renewable power generation in its energy mix.

The partners signed a Power Purchase Agreement (PPA) for the solar plant in October 2016. The PPA secures the sale of power from the plant over a 25-year period to the state-owned utility Electricidade de Mozambique (EDM).

The 40 MW plant is located close to the city of Mocuba in the Zambézia Province, and is expected to deliver 79,000 MWh per year of much needed electricity to the northern regions of Mozambique. The plant will deliver power to the national grid and produce enough energy to serve about 175,000 households.

The project costs are estimated at US$ 76 million, funded through equity of US$ 14 million, a grant of US$ 7million and project debt of US$ 55 million. Equity partners are Scatec Solar (52.5%), KLP Norfund Investments (22.5%) and EDM (25%). Scatec Solar will deliver Engineering, Procurement and Construction (EPC) services, as well as Operation and Maintenance (O&M) and Asset Management services to the power plant.

IFC provided project debt of US$ 19 million on its own account together with a concessional loan from the Climate Investment Fund of the same size and a syndicated loan of US$ 17 million from the Emerging Africa Infrastructure Fund (EAIF), managed by Investec Asset Management, which is part of the Private Infrastructure Development Group (PIDG). In addition, EAIF is directly providing a US$7 million Viability Gap Funding grant for the project raised from the Technical Assistance Fund of the PIDG.

"EDM is very pleased that the Mocuba Solar IPP project has reached financial close through a well-structured public-private partnership between EDM, Scatec Solar and Norfund, and with excellent support from IFC and EAIF as lenders, as well as the Government of Norway", says EDM's Chairman and CEO, Dr Mateus Magala. "Experiences gained with the Mocuba project is invaluable in shaping Mozambique's renewable energy future."

"Closing debt financing for the Mocuba solar power plant is another great achievement for Scatec Solar and our partners", says Scatec Solar CEO, Raymond Carlsen.

"Norfund appreciates being a partner in this first solar power project in Mozambique. Access to reliable energy is a prerequisite for development. Clean energy is therefore a focus investment area for us", says Norfund Executive Vice President, Mark Davis.

Oumar Seydi, IFC Director for Sub-Saharan Africa, said: "IFC is committed to bridging Africa's infrastructure gap while promoting clean energy. This project is in one of the least developed provinces of Mozambique. It will diversify the country's power generation mix and help increase access to electricity. By supporting projects like Mocuba, IFC, EAIF and PIDG are helping to encourage the participation of other private investors in Mozambique's power sector."

Nazmeera Moola, Head of EAIF at Investec Asset Management, said: "Renewable energy and affordable energy is a key area of growth for the Emerging Africa Infrastructure Fund and PIDG. By supporting this project, EAIF was able to make the project bankable by providing long tenors. Furthermore, by facilitating a VGF grant from the Technical Assistance Fund of the PIDG, the PIDG group was able to contribute to reducing the cost of electricity for Mozambique."

Scatec Solar is a leading developer and owner of large scale solar in emerging markets.


=> 1.975 kWh/kWp p.a.
=> 1.900 USD/kWp sehr hoch

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Zahlen kamen diese Woche;

sehr solide, aufgehübscht durch construction revenue

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Published: 08:30 CET 13-12-2017 /GlobeNewswire /Source: Scatec Solar ASA / : SSO /ISIN: NO0010715139

Scatec Solar secures a 40 MW PV project in Malaysia

Oslo, December 13, 2017:

Scatec Solar ASA (SSO) and partners have won a 40 MW DC (30 MW AC) PV project in a tender held by the Energy Commission in Malaysia.

The power plant, located in the state of Perak in Northwest Malaysia, is expected to deliver 65 GWh of electricity per year with annual revenues of approximately USD 6 million. Work has started to secure project finance from commercial banks in Malaysia and capex is estimated to USD 50 million.

Scatec Solar will be an equity partner, turn-key EPC provider and provide Operation & Maintenance as well as Asset Management services to the power plant. Construction start is expected in 2H 2018 with grid connection in second half of 2019.

The project will be realized together with Fumase, a US- and Malaysia-based asset management and development company focused on renewable energy in South and Southeast Asia.

"Malaysia is an attractive solar market, and our success in this tender showcases our ability to develop competitive projects in the country, and further highlights Scatec Solar's position as a leading PV player in Southeast Asia", says CEO Raymond Carlsen.

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Published: 10:05 CET 31-10-2017 /GlobeNewswire /Source: Scatec Solar ASA / : SSO /ISIN: NO0010715139

Scatec Solar ASA: Successful placement NOK 750 million of new senior unsecured green bonds

Oslo, October 31, 2017:

Scatec Solar ASA (the Company) has successfully completed a NOK 750 million senior unsecured green bond issue with maturity in November 2021. The bond issue was significantly oversubscribed. The new bonds will have a floating coupon of 3 month NIBOR plus 475 bps.

The proceeds from the bond issue will be used for refinancing of the outstanding bond with ticker SSO01, with coupon of 3 month NIBOR plus 650 bps maturing in November 2018, and for financing of eligible activities as defined in the Scatec Solar Green Bond Framework.

Settlement of the new bond issue is conditional upon the Proposals being passed at the SSO01 bondholders' meeting on November 6, 2017. Based on received Voting Instructions, the Company has bondholder support in favor of the proposed changes to the SSO01 bond agreement.

Nordea Bank AB (publ), Filial i Norge and Swedbank Norge, Norwegian Branch of Swedbank AB (publ) acted as Joint Lead Managers and ABN AMRO Bank N.V. acted as Co-Manager in connection with the placement of the new bond issue.

An application will be made for the bonds to be listed on Oslo Børs.

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Antwort auf Beitrag Nr.: 55.992.312 von R-BgO am 20.10.17 15:29:05

Published: 07:30 CEST 27-10-2017 /GlobeNewswire /Source: Scatec Solar ASA / : SSO /ISIN: NO0010715139

Scatec Solar closes financing for 400 MW in Egypt

Oslo, October 27, 2017:

Scatec Solar ASA (SSO) and partners have achieved financial close for six solar PV power plants in Egypt totaling 400 MW. A consortium of international Development Finance Institutions is providing a non-recourse project finance of USD 335 million, which accounts for 75% of the capex.

The consortium consists of EBRD, the United Nations' Green Climate Fund (GCF), the Dutch development bank, FMO, the Islamic Development Bank (IsDB) and the Islamic Corporation for the Development of the Private Sector (ICD). This is the consortium's first joint projects in Egypt's renewable energy sector.

"With this programme, the government of Egypt is making important steps towards accessing clean and low-cost electricity to drive development and economic prosperity. Scatec Solar and partners are making significant investments and a long-term commitment to Egypt'', says Raymond Carlsen, CEO of Scatec Solar.

The six projects involving a total investment of USD 450 million are located in the Benban solar park in Aswan in Upper Egypt. Upon completion, Benban will be the largest solar installation in the world with a planned total capacity of 1.8 GW. ''We are delighted to support the largest solar portfolio in Egypt's feed-in-tariff scheme and to work again with Scatec Solar'', says EBRD's Head of Power and Energy Utilities, Harry Boyd-Carpenter.

The Green Climate Fund's contribution of USD 48 million is the highest it has disbursed to a single recipient and the first under its April 2017 co-operation agreement with EBRD. "This is a big step forward. It shows the potential for public and private climate finance to drive the low emission energy transition in support of Egypt's climate goals," says Ayaan Adam, Private Sector Facility Director at GCF.

The annual 870 GWh of electricity produced from the 400 MW solar plants(=2.175kWh/kWp/a) will avoid about 350,000 tons of CO2 emissions per year, supporting Egypt's emission reduction targets under the Paris Climate Agreement. Egypt has committed to increase the share of renewables in the country's power mix to 37% by 2035.

The 25% equity will be provided by the three sponsors of the projects, Scatec Solar, Norfund and Africa50, the Infrastructure Fund for Africa.

Last April, Scatec Solar and partners signed 25-year Power Purchase Agreements (PPAs) with the Egyptian Electricity Transmission Company and yesterday delivered the required condition precedents for the PPA to become effective. Construction is scheduled to commence in early 2018, upon customary governmental conditions under the renewables program being met.

Scatec Solar will be the turn-key EPC provider for the projects and provide Operation & Maintenance as well as Asset Management services to the power plants.

The 400 MW in Egypt adds to Scatec Solar's other projects under construction; 162 MW in Brazil, 197 MW in Malaysia and 35 MW in Honduras. Over the past month USD 700 million has been secured in non-recourse project finance by Scatec Solar for these projects.

When the new power plants are in operation Scatec Solar will hold a profitable and diversified portfolio with a capacity of more than 1,100 MW. This power plant portfolio will generate stable cash flows over the next 20-25 years and beyond.

"The addition of the Egyptian projects places Scatec Solar as one of the leading integrated solar IPPs in emerging markets", adds Raymond Carlsen, CEO of Scatec Solar.

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Antwort auf Beitrag Nr.: 55.992.273 von R-BgO am 20.10.17 15:24:09

"State of the industry"

habe mal die Q3-Präsi durchgeflippert und mir die spezifischen Projektkosten angesehen; ist schon beeindruckend, wie weit wir gekommen sind:

Preise je Wp in USD (gerechnet CapEx in MUSD/#MW):

1,11 in Ägypten bei 400MW
1,22 in Südafrika bei 258 MW
1,33 in Brasilien bei 162 MW
1,49 in Malaysia bei 197 MW
1,55 in Mozambique bei 40 MW
1,70 in Mali bei 33 MW
2,29 in Honduras bei 35 MW