Obelisk Solar Power

1.1GW Obelisk Solar and 100MW/200MWh Battery Storage Project - Financing

Borrower(s)
Obelisk Solar Power
Industry
Area of finance
Project & Infrastructure Finance
Region
Africa
Africa
Countries
Egypt

Project Overview

Scatec has secured $120 million in equity bridge loans to support the construction of its 1.1 GW Obelisk solar and 100 MW/200 MWh battery storage project in Egypt.

Deal Volume
$120m
Financial Close
05/05/2025
Dealmakers
Sources

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Tranches

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Project Deals

1.1GW Obelisk Solar and 100MW/200MWh Battery Storage Project
$590m
Greenfield
PV Solar + bat storage
Africa
Africa
Egypt