Scatec Solar and Norfund sign Power Purchase Agreement for Mozambique’s Solar Plant

Scatec Solar and Norfund sign Power Purchase Agreement for Mozambique’s Solar Plant

MAPUTO (Capital Markets in Africa) – Scatec Solar and Norfund  have signed the Power Purchase Agreement securing  the sale of solar power over a 25 year period to the state owned utility Electricidade de Mozambique (EDM). The agreement was signed at a ceremony in Maputo yesterday in the presence of the Norwegian Minister of Foreign Affairs, Mr Børge Brende, the Mozambican Minister of Mineral Resources and Energy, Mrs Letícia Klemens as well as Dr Mateus…

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