Scatec Solar and Benban Solar Park in Egypt realizing the largest - PowerPoint PPT Presentation

Scatec Solar and Benban Solar Park in Egypt – realizing the largest solar PV project in Africa Morten Langsholdt, Country Manager Egypt December, 2017 Our values • Predictable Driving results • • Changemakers • Working together

Egypt set to host the world’s largest solar PV park Cairo Ben Ban # POWER # FOOTBALL INSTALLED APPROX. FDI AVOIDED GHG PLANTS FIELDS CAPACITY INFLOW EMISSIONS 32 >5000 1650 MW >3B USD >2M TONS/YR 2

Scatec Solar – the largest solar investor in Egypt • Scatec Solar with Egypt’s largest solar portfolio – SCATEC SOLAR PROJECT FACTS the largest contributor in Benban, Upper Egypt: Capacity: 400 MWp • • Six projects co-located in Aswan area, Upper Egypt • Scatec Solar is one of the largest • 25 year PPA signed with EETC developers and operators of solar PV plants • Project Cost approx. USD 450 mill in Africa • Estimated production: 870 GWh/year • Active in Egypt since 2014 – local office Debt finance from EBRD, ISDB, ICD, Green Climate Fund • acts as regional hub for MENA • Major co-sponsors: Norfund and Africa 50 • Will avoid about 350,000 tons of CO2 emissions per year • Scatec Solar & Partners in Benban: • Compliance with Equator Principles and IFC performance standards • Unique model of sustainable collaboration with authorities and other solar PV developers in BenBan Water-efficient methods of construction • and operation & maintenance • 6 projects connecting to grid 2018-2019 3

Thank you Our values • Predictable • Driving results • Changemakers Working together •