Power Production Services
Scatec Solar owns a growing portfolio of solar power plants where the electricity produced is sold under 20 years power purchase agreements or Feed-In-Tariff schemes. The portfolio consists of solar power plants with a combined capacity of 219 MW in operation and 207 MW under construction.Portfolio overview
The segment currently consists of four fully owned solar power plants with a combined capacity of 20 MW in the Czech Republic, the 75 MW Kalkbult plant, the 40 MW Linde plant, the 75 MW Dreunberg plant (all in South Africa and 39% owned by Scatec Solar) and the ASYV (8.5 MW) plant in Rwanda. Scatec Solar maintains operational control but brings in co-investors when appropirate.
Value of long term ownership
A solar power plant generates stable long term cash flows based on predictable power production levels and pre-defined prices in power purchase agreements or FiT schemes. Upside can be captured through overproduction, refinancing, sales of carbon credits and residual value beyond the normal term of the off-take agreements.
Financing structures
Each of the power plants in production or under construction are owned by separate project companies, a structure that offers isolation of operational and financial risks related to each individual plant. The projects are financed with non-recourse debt.