Scatec begins construction on 130MW solar plant in Colombia

Norwegian renewable energy solutions provider Scatec has achieved financial closure and commenced construction on the 130MW Barzalosa solar power facility in Colombia. BTG Pactual Comercializadora de Energía, a subsidiary of Banco BTG Pactual in Brazil, previously signed a 15-year power purchase agreement (PPA) for the project. This PPA will cover approximately 85% of the projected output, with the remaining portion marketed within the Colombian electricity sector. The development involves Scatec holdi ...